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Newkirk, OK vs Tipton, OK

58
Newkirk
Oklahoma
VS
+5.3%
55
Tipton
Oklahoma

Tipton is moderately more affordable than Newkirk, with a 5.3% lower cost of living index. Newkirk scores 58 compared to 55 for Tipton, where the US average is 100. This difference means residents of Newkirk can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newkirk is $613/month compared to $583/month in Tipton — a 5% difference. Home values follow the same pattern: Tipton is more affordable at $74,700 median vs $99,000.

Median household income in Newkirk is $53,125 compared to $43,125 in Tipton (+23.2%). While Newkirk is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newkirk spend roughly 13.8% of their income on rent, less than the 16.2% in Tipton.

Income & Cost

Cost of Living Index
Newkirk
58
Tipton
55
5% cheaper
Median Household Income
Newkirk
$53,125
19% higher
Tipton
$43,125

Housing

Median Rent
Newkirk
$613
Tipton
$583
5% cheaper
Median Home Value
Newkirk
$99,000
Tipton
$74,700
25% cheaper
Population
Newkirk
2,024
Tipton
773

Salary Equivalency Calculator

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