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Laverne, OK vs Tonkawa, OK

66
Laverne
Oklahoma
VS
+5.8%
62
Tonkawa
Oklahoma

Tonkawa is moderately more affordable than Laverne, with a 5.8% lower cost of living index. Laverne scores 66 compared to 62 for Tonkawa, where the US average is 100. This difference means residents of Laverne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Laverne is $850/month compared to $802/month in Tonkawa — a 6% difference. Home values follow the same pattern: Tonkawa is more affordable at $83,000 median vs $109,400.

Median household income in Laverne is $56,250 compared to $57,711 in Tonkawa (-2.5%). Tonkawa offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Laverne spend roughly 18.1% of their income on rent, more than the 16.7% in Tonkawa.

Income & Cost

Cost of Living Index
Laverne
66
Tonkawa
62
5% cheaper
Median Household Income
Laverne
$56,250
Tonkawa
$57,711
3% higher

Housing

Median Rent
Laverne
$850
Tonkawa
$802
6% cheaper
Median Home Value
Laverne
$109,400
Tonkawa
$83,000
24% cheaper
Population
Laverne
1,050
Tonkawa
3,018

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