Elk City, OK vs McLoud, OK

McLoud is moderately more affordable than Elk City, with a 10.4% lower cost of living index. Elk City scores 71 compared to 64 for McLoud, where the US average is 100. This difference means residents of Elk City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elk City is $850/month compared to $660/month in McLoud — a 29% difference. Home values follow the same pattern: McLoud is more affordable at $146,300 median vs $165,300.

Median household income in Elk City is $49,500 compared to $64,167 in McLoud (-22.9%). McLoud offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elk City spend roughly 20.6% of their income on rent, more than the 12.3% in McLoud.