Mustang, OK vs Woodward, OK

There is a significant gap in the cost of living between these two cities. Woodward is 25.8% cheaper than Mustang. With a cost index of 70 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Woodward to Mustang should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mustang is $1,243/month compared to $839/month in Woodward — a 48% difference. Home values follow the same pattern: Woodward is more affordable at $164,200 median vs $227,800.

Median household income in Mustang is $88,262 compared to $60,720 in Woodward (+45.4%). While Mustang is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mustang spend roughly 16.9% of their income on rent, more than the 16.6% in Woodward.