Norman, OK vs Owasso, OK

Norman, OK and Owasso, OK have a very similar cost of living, with only a 4.1% difference in their overall index. Norman scores 84 while Owasso scores 88 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 Norman is $1,064/month compared to $1,222/month in Owasso — a 13% difference. Interestingly, home values tell a different story: while Norman has cheaper rent, Owasso actually has lower median home values ($231,400 vs $239,300).

Median household income in Norman is $65,060 compared to $79,386 in Owasso (-18%). While Owasso is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Norman spend roughly 19.6% of their income on rent, more than the 18.5% in Owasso.