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McAlester, OK vs Owasso, OK

70
McAlester
Oklahoma
VS
-19.9%
88
Owasso
Oklahoma

There is a significant gap in the cost of living between these two cities. McAlester is 19.9% cheaper than Owasso. With a cost index of 70 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McAlester to Owasso should plan for substantially higher expenses across most categories.

On the housing front, median rent in McAlester is $906/month compared to $1,222/month in Owasso — a 26% difference. Home values follow the same pattern: McAlester is more affordable at $137,500 median vs $231,400.

Median household income in McAlester is $48,044 compared to $79,386 in Owasso (-39.5%). While Owasso is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McAlester spend roughly 22.6% of their income on rent, more than the 18.5% in Owasso.

Income & Cost

Cost of Living Index
McAlester
70
20% cheaper
Owasso
88
Median Household Income
McAlester
$48,044
Owasso
$79,386
39% higher

Housing

Median Rent
McAlester
$906
26% cheaper
Owasso
$1,222
Median Home Value
McAlester
$137,500
41% cheaper
Owasso
$231,400
Population
McAlester
18,098
Owasso
39,013

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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