Magnolia, Texas vs. Velma, Oklahoma

Cost of Living Comparison

The cost of living in Velma, Oklahoma is 22.1% cheaper than Magnolia, Texas.

You would need a salary of $77,863 in Velma, Oklahoma to maintain the standard of living you have in Magnolia, Texas.
Comparison highlights
• Overall, Velma, Oklahoma is cheaper than Magnolia, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Velma
than in Magnolia, Texas
Magnolia, TX vs. Velma, OK
Compared to Magnolia, Velma is:
  Homeowner
      No Child Care, Taxes not Considered
  22.1% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  13.8% lower
  Housing (Homeowner)
  78.7% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.3% higher
  Commute
  18.7% lower
  Health
  28.0% higher
  Taxes
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  Childcare
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  Personal
  1.4% lower
Cost of Food
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