Nocona, Texas vs. Velma, Oklahoma

Cost of Living Comparison

The cost of living in Velma, Oklahoma is 1.5% cheaper than Nocona, Texas.

You would need a salary of $49,241 in Velma, Oklahoma to maintain the standard of living you have in Nocona, Texas.
Comparison highlights
• Overall, Velma, Oklahoma is cheaper than Nocona, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
15% cheaper in Velma
than in Nocona, Texas
Nocona, TX vs. Velma, OK
Compared to Nocona, Velma is:
  Homeowner
      No Child Care, Taxes not Considered
  1.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.6% lower
  Housing (Homeowner)
  35.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  3.7% lower
  Commute
  4.7% higher
  Health
  22.6% higher
  Taxes
  Childcare
  Personal
  0.3% higher