Mounds, OK vs Okemah, OK
There is a significant gap in the cost of living between these two cities. Okemah is 24.9% cheaper than Mounds. With a cost index of 58 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Okemah to Mounds should plan for substantially higher expenses across most categories.
On the housing front, median rent in Mounds is $910/month compared to $694/month in Okemah — a 31% difference. Home values follow the same pattern: Okemah is more affordable at $65,000 median vs $158,300.
Median household income in Mounds is $38,750 compared to $32,232 in Okemah (+20.2%). The higher salaries in Mounds partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Mounds spend roughly 28.2% of their income on rent, more than the 25.8% in Okemah.
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