Lovington, NM vs Guymon, OK: Cost of Living

Which city costs less?

Guymon, OK has a modeled overall cost index 11.1% lower than Lovington, NM.

Lovington, NM · modeled 2BR rent
$1,250 / month
Guymon, OK · modeled 2BR rent
$1,150 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Lovington, NM and Guymon, OK using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

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Estimated savings: $712/month in Guymon, OK

$150,000 in your current city has a modeled equivalent of $141,451 in Guymon, OK

Regional cost estimates: Lovington, NM uses Lubbock, TX. Guymon, OK uses Lubbock, TX. Available city ZIP rent estimates are shown separately.
Overall Cost
↓ 11.1%
Less expensive
Monthly Impact
$712
Savings
Annual Impact
$8.5K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Lovington, NM

Population:11K
Cost Index:
81.9
100 = national average
Typical Home:$178K

Guymon, OK

Population:12K
Cost Index:
72.8
100 = national average
Typical Home:$166K

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Lovington, NM

The Land of Enchantment

11K
Population
State Tax
Yes

Located in New Mexico, this city has a population of 11K residents.

Guymon, OK

The Sooner State

12K
Population
State Tax
Yes

Located in Oklahoma, this city has a population of 12K residents.

Cost Breakdown by Category

Estimated monthly spending: Lovington, NM vs Guymon, OK

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↓ 11.1%
Lovington, NM
$2,019
Guymon, OK
$1,794
Difference
$225
less
Other
↓ 11.1%
Lovington, NM
$1,772
Guymon, OK
$1,575
Difference
$197
less
Transportation
↓ 11.1%
Lovington, NM
$1,431
Guymon, OK
$1,271
Difference
$159
less
Groceries
↓ 5.7%
Lovington, NM
$1,084
Guymon, OK
$1,022
Difference
$62.16
less
Healthcare
↓ 5.7%
Lovington, NM
$621
Guymon, OK
$585
Difference
$35.61
less
All Utilities
↓ 5.7%
Lovington, NM
$573
Guymon, OK
$541
Difference
$32.88
less

🏠Rent Comparison

Studio
From$1,000
To$870
↓ $130
1 Bed
From$1,010
To$920
↓ $90.00
2 Bed
From$1,250
To$1,150
↓ $100
3 Bed
From$1,550
To$1,380
↓ $170
Lovington, NMZIP-level data

1BR range: $1,010–$1,010/mo

Guymon, OKZIP-level data

1BR range: $920–$920/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Lovington, NM
$6,788
Monthly in Guymon, OK
$712
Difference

Home Values

Lovington
Guymon
$178K
Median Value
$166K
↑ +0.2%
YoY Change
↑ +6%
↓ -27.5%
5-Year Change
↑ +31.1%

Homes in Guymon are 7% less expensive than Lovington

Calculate payment - LovingtonCalculate payment - Guymon

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $209
More taxes
Monthly Difference
$17.39
Less take-home
Effective Rate Diff
0.1%
Rate difference

Lovington, NM

Federal Income Tax
Effective: 18.9%
$25.5K
New Mexico State Tax
Effective: 4.7%
$7.1K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.4%
$44.1K
Take-Home Pay
$8,826/month
$105.9K

Guymon, OK

Federal Income Tax
Effective: 18.9%
$25.5K
Oklahoma State Tax
Effective: 4.9%
$7.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.5%
$44.3K
Take-Home Pay
$8,809/month
$105.7K

Additional Tax Information

Lovington, NM Tax Rates

Sales Tax:7.6%
Property Tax:0.8%

Guymon, OK Tax Rates

Sales Tax:8.9%
Property Tax:0.9%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Lovington
Guymon
23 Good
Air Quality
23 Good
92.2%
Good Air Days
92.2%
96 High
Climate Risk
96 High
☀🌪💨
Top Hazards
☀🌪💨
▲+3.2°F
2050 Outlook
▲+3.2°F
78 days
Heat Days >95°F
78 days
▲+3.2°F
2050 Outlook
▲+3.2°F
78 days
Heat Days >95°F
78 days

Before moving from Lovington, NM to Guymon, OK

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in Guymon, OK for the same bedroom count and included utilities as your home in Lovington, NM. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Lovington to Guymon moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to Guymon, OK by cost, housing, population and region.

Frequently Asked Questions: Lovington, NM vs Guymon, OK

How do the cost estimates for Lovington, NM and Guymon, OK compare?

Guymon, OK has a modeled overall cost index 11.1% lower than Lovington, NM. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Lovington, NM, the model estimates $141,451 in Guymon, OK. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Lovington, NM and Guymon, OK?

The modeled two-bedroom rents are $1,250/month in Lovington, NM and $1,150/month in Guymon, OK. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between New Mexico and Oklahoma on TaxTakeHome.com

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