Spencer, OK vs Warr Acres, OK
Spencer, OK and Warr Acres, OK have a very similar cost of living, with only a 2.9% difference in their overall index. Spencer scores 70 while Warr Acres scores 72 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 Spencer is $940/month compared to $925/month in Warr Acres — a 2% difference. Interestingly, home values tell a different story: while Warr Acres has cheaper rent, Spencer actually has lower median home values ($119,000 vs $150,500).
Median household income in Spencer is $57,550 compared to $60,822 in Warr Acres (-5.4%). While Warr Acres is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Spencer spend roughly 19.6% of their income on rent, more than the 18.2% in Warr Acres.
Climate-wise, both cities share similar average temperatures (60.1°F vs 61.4°F). Spencer receives more rainfall at 36.4" per year compared to 30.7" in Warr Acres.
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