Cost of Living in Drummond, OK

With a cost of living index of 86, Drummond, OK is a very affordable place to live. Living here is 14% cheaper than the national average and 15% above the Oklahoma state average of 71. Drummond is a small community of 425 residents.

The median household income in Drummond is $123,269, which is 64% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Enid, OK (Metropolitan Statistical Area) * metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.