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Goodwell, OK vs Hammon, OK

66
Goodwell
Oklahoma
VS
+6.4%
62
Hammon
Oklahoma

Hammon is moderately more affordable than Goodwell, with a 6.4% lower cost of living index. Goodwell scores 66 compared to 62 for Hammon, 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 Goodwell is $826/month compared to $794/month in Hammon — a 4% difference. Home values follow the same pattern: Hammon is more affordable at $85,000 median vs $122,000.

Median household income in Goodwell is $85,982 compared to $65,938 in Hammon (+30.4%). 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 Goodwell spend roughly 11.5% of their income on rent, less than the 14.4% in Hammon.

Income & Cost

Cost of Living Index
Goodwell
66
Hammon
62
6% cheaper
Median Household Income
Goodwell
$85,982
23% higher
Hammon
$65,938

Housing

Median Rent
Goodwell
$826
Hammon
$794
4% cheaper
Median Home Value
Goodwell
$122,000
Hammon
$85,000
30% cheaper
Population
Goodwell
1,271
Hammon
449

Salary Equivalency Calculator

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