Hooker, OK vs Spencer, OK

Hooker, OK and Spencer, OK have a very similar cost of living, with only a 2% difference in their overall index. Hooker scores 72 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 Hooker is $944/month compared to $940/month in Spencer — a 0% difference. Home values follow the same pattern: Spencer is more affordable at $119,000 median vs $143,500.

Median household income in Hooker is $47,461 compared to $57,550 in Spencer (-17.5%). 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 Hooker spend roughly 23.9% of their income on rent, more than the 19.6% in Spencer.