Guthrie, OK vs Spencer, OK

Guthrie, OK and Spencer, OK have a very similar cost of living, with only a 3.8% difference in their overall index. Guthrie scores 73 while Spencer scores 70 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Guthrie is $874/month compared to $940/month in Spencer — a 7% difference. Interestingly, home values tell a different story: while Guthrie has cheaper rent, Spencer actually has lower median home values ($119,000 vs $176,200).

Median household income in Guthrie is $54,640 compared to $57,550 in Spencer (-5.1%). Spencer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Guthrie spend roughly 19.2% of their income on rent, less than the 19.6% in Spencer.