Frederick, OK vs Goodwell, OK

Frederick is moderately more affordable than Goodwell, with a 12.4% lower cost of living index. Frederick scores 58 compared to 66 for Goodwell, where the US average is 100. This difference means residents of Goodwell can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Frederick is $703/month compared to $826/month in Goodwell — a 15% difference. Home values follow the same pattern: Frederick is more affordable at $67,100 median vs $122,000.

Median household income in Frederick is $45,459 compared to $85,982 in Goodwell (-47.1%). While Goodwell is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Frederick spend roughly 18.6% of their income on rent, more than the 11.5% in Goodwell.