Mounds, OK vs Tonkawa, OK
There is a significant gap in the cost of living between these two cities. Tonkawa is 15.4% cheaper than Mounds. With a cost index of 62 vs 72, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Tonkawa to Mounds should plan for substantially higher expenses across most categories.
On the housing front, median rent in Mounds is $910/month compared to $802/month in Tonkawa — a 14% difference. Home values follow the same pattern: Tonkawa is more affordable at $83,000 median vs $158,300.
Median household income in Mounds is $38,750 compared to $57,711 in Tonkawa (-32.9%). Tonkawa offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mounds spend roughly 28.2% of their income on rent, more than the 16.7% in Tonkawa.
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