Elk City, OK vs Mustang, OK

There is a significant gap in the cost of living between these two cities. Elk City is 20.1% cheaper than Mustang. With a cost index of 71 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elk City to Mustang should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elk City is $850/month compared to $1,243/month in Mustang — a 32% difference. Home values follow the same pattern: Elk City is more affordable at $165,300 median vs $227,800.

Median household income in Elk City is $49,500 compared to $88,262 in Mustang (-43.9%). While Mustang is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elk City spend roughly 20.6% of their income on rent, more than the 16.9% in Mustang.