Stoney Point, OK vs Velma, OK

Velma is moderately more affordable than Stoney Point, with a 13.5% lower cost of living index. Stoney Point scores 76 compared to 67 for Velma, where the US average is 100. This difference means residents of Stoney Point can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Stoney Point are $80,000 compared to $105,200 in Velma, a 24% gap.

Median household income in Stoney Point is $37,500 compared to $61,806 in Velma (-39.3%). Velma offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Climate-wise, both cities share similar average temperatures (62.4°F vs 62.6°F). Stoney Point receives more rainfall at 47.3" per year compared to 27.5" in Velma.