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McLoud, OK vs Woodward, OK

64
McLoud
Oklahoma
VS
-8.8%
70
Woodward
Oklahoma

McLoud is moderately more affordable than Woodward, with a 8.8% lower cost of living index. McLoud scores 64 compared to 70 for Woodward, where the US average is 100. This difference means residents of Woodward can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in McLoud is $660/month compared to $839/month in Woodward — a 21% difference. Home values follow the same pattern: McLoud is more affordable at $146,300 median vs $164,200.

Median household income in McLoud is $64,167 compared to $60,720 in Woodward (+5.7%). McLoud offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of McLoud spend roughly 12.3% of their income on rent, less than the 16.6% in Woodward.

Income & Cost

Cost of Living Index
McLoud
64
9% cheaper
Woodward
70
Median Household Income
McLoud
$64,167
5% higher
Woodward
$60,720

Housing

Median Rent
McLoud
$660
21% cheaper
Woodward
$839
Median Home Value
McLoud
$146,300
11% cheaper
Woodward
$164,200
Population
McLoud
4,424
Woodward
11,976

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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