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Grandfield, OK vs Lane, OK

48
Grandfield
Oklahoma
VS
-21.2%
61
Lane
Oklahoma

There is a significant gap in the cost of living between these two cities. Grandfield is 21.2% cheaper than Lane. With a cost index of 48 vs 61, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grandfield to Lane should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grandfield is $438/month compared to $744/month in Lane — a 41% difference. Home values follow the same pattern: Grandfield is more affordable at $49,000 median vs $86,900.

Median household income in Grandfield is $31,648 compared to $70,938 in Lane (-55.4%). While Lane is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grandfield spend roughly 16.6% of their income on rent, more than the 12.6% in Lane.

Income & Cost

Cost of Living Index
Grandfield
48
21% cheaper
Lane
61
Median Household Income
Grandfield
$31,648
Lane
$70,938
55% higher

Housing

Median Rent
Grandfield
$438
41% cheaper
Lane
$744
Median Home Value
Grandfield
$49,000
44% cheaper
Lane
$86,900
Population
Grandfield
944
Lane
322

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grandfield $2.86
Lane
US $3.07
🥚
Eggs (grade A, large)
Grandfield $2.33
Lane
US $2.50
🥛
Milk (whole)
Grandfield $3.76
Lane
US $4.03
🍞
Bread (white)
Grandfield $1.73
Lane
US $1.85
🍗
Chicken breast
Grandfield $3.87
Lane
US $4.14
Electricity
Grandfield $0.15
Lane
US $0.19