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Hennessey, OK vs Idabel, OK

72
Hennessey
Oklahoma
VS
+15.9%
63
Idabel
Oklahoma

There is a significant gap in the cost of living between these two cities. Idabel is 15.9% cheaper than Hennessey. With a cost index of 63 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Idabel to Hennessey should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hennessey is $907/month compared to $701/month in Idabel — a 29% difference. Home values follow the same pattern: Idabel is more affordable at $121,300 median vs $165,900.

Median household income in Hennessey is $54,185 compared to $36,638 in Idabel (+47.9%). While Hennessey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hennessey spend roughly 20.1% of their income on rent, less than the 23% in Idabel.

Income & Cost

Cost of Living Index
Hennessey
72
Idabel
63
14% cheaper
Median Household Income
Hennessey
$54,185
32% higher
Idabel
$36,638

Housing

Median Rent
Hennessey
$907
Idabel
$701
23% cheaper
Median Home Value
Hennessey
$165,900
Idabel
$121,300
27% cheaper
Population
Hennessey
2,603
Idabel
6,959

Salary Equivalency Calculator

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