Milburn, OK vs Peoria, OK

Milburn, OK and Peoria, OK have a very similar cost of living, with only a 0.5% difference in their overall index. Milburn scores 61 while Peoria scores 61 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 Milburn is $800/month compared to $633/month in Peoria — a 26% difference. Interestingly, home values tell a different story: while Peoria has cheaper rent, Milburn actually has lower median home values ($68,100 vs $126,100).

Median household income in Milburn is $43,125 compared to $28,510 in Peoria (+51.3%). While Milburn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Milburn spend roughly 22.3% of their income on rent, less than the 26.6% in Peoria.