Cost of Living in Blanchard, OK
Housing
The housing market plays a significant role in determining the cost of living in Blanchard, OK.
- Housing Index: 85.0 / 100
- Median Home Price is: $215,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1040 per month
Considering moving to Blanchard, OK? The housing index sits at 85.0, indicating a relatively affordable market. With a median home price of 215000, purchasing property here might be a smart financial decision compared to locations with significantly higher home prices. Renters can expect to pay an average of 1200 for a two-bedroom apartment and 1040 for a two-bedroom house. This combination of home affordability and rental costs suggests that Blanchard could be an attractive option for both potential buyers and renters looking for value in the current market landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Blanchard, OK.
- Electricity Price: $12.37 USD (median by state)
- Natural Gas Price: $20.27 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Blanchard, OK could entail higher utility costs. Electricity costs sit at $12.37, while natural gas is priced at $20.27 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Blanchard is a financially viable option for your relocation.