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Goodwell, OK vs Nowata, OK

66
Goodwell
Oklahoma
VS
+10%
60
Nowata
Oklahoma

Nowata is moderately more affordable than Goodwell, with a 10% lower cost of living index. Goodwell scores 66 compared to 60 for Nowata, 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 $729/month in Nowata — a 13% difference. Home values follow the same pattern: Nowata is more affordable at $84,200 median vs $122,000.

Median household income in Goodwell is $85,982 compared to $39,853 in Nowata (+115.7%). 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 22% in Nowata.

Income & Cost

Cost of Living Index
Goodwell
66
Nowata
60
9% cheaper
Median Household Income
Goodwell
$85,982
54% higher
Nowata
$39,853

Housing

Median Rent
Goodwell
$826
Nowata
$729
12% cheaper
Median Home Value
Goodwell
$122,000
Nowata
$84,200
31% cheaper
Population
Goodwell
1,271
Nowata
3,522

Salary Equivalency Calculator

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