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McLoud, OK vs Newcastle, OK

64
McLoud
Oklahoma
VS
-23.7%
84
Newcastle
Oklahoma

There is a significant gap in the cost of living between these two cities. McLoud is 23.7% cheaper than Newcastle. With a cost index of 64 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from McLoud to Newcastle should plan for substantially higher expenses across most categories.

On the housing front, median rent in McLoud is $660/month compared to $1,020/month in Newcastle — a 35% difference. Home values follow the same pattern: McLoud is more affordable at $146,300 median vs $255,100.

Median household income in McLoud is $64,167 compared to $97,315 in Newcastle (-34.1%). While Newcastle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of McLoud spend roughly 12.3% of their income on rent, less than the 12.6% in Newcastle.

Income & Cost

Cost of Living Index
McLoud
64
24% cheaper
Newcastle
84
Median Household Income
McLoud
$64,167
Newcastle
$97,315
34% higher

Housing

Median Rent
McLoud
$660
35% cheaper
Newcastle
$1,020
Median Home Value
McLoud
$146,300
43% cheaper
Newcastle
$255,100
Population
McLoud
4,424
Newcastle
12,238

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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