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Elk City, OK vs Sayre, OK

71
Elk City
Oklahoma
VS
+15.7%
61
Sayre
Oklahoma

There is a significant gap in the cost of living between these two cities. Sayre is 15.7% cheaper than Elk City. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sayre to Elk City should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elk City is $850/month compared to $770/month in Sayre — a 10% difference. Home values follow the same pattern: Sayre is more affordable at $77,800 median vs $165,300.

Median household income in Elk City is $49,500 compared to $41,813 in Sayre (+18.4%). While Elk City 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, less than the 22.1% in Sayre.

Income & Cost

Cost of Living Index
Elk City
71
Sayre
61
14% cheaper
Median Household Income
Elk City
$49,500
16% higher
Sayre
$41,813

Housing

Median Rent
Elk City
$850
Sayre
$770
9% cheaper
Median Home Value
Elk City
$165,300
Sayre
$77,800
53% cheaper
Population
Elk City
11,406
Sayre
5,216

Salary Equivalency Calculator

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