Cost of Living: Anchorage, AK vs Locust grove, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Anchorage | Locust grove |
|---|---|---|
| Housing Index | 120.0 | 90.0 |
| Median Home Price | $395,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1920 | $1360 |
Housing Comparison: Anchorage vs Locust grove
- In Anchorage, the median home price is higher at $395,000, while in Locust grove it is $185,000.
- Renting a two-bedroom apartment costs more in Anchorage at $1,800 than in Locust grove at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Anchorage | Locust grove |
|---|---|---|
| Electricity Price | $25.4 | $12.37 |
| Natural Gas Price | $12.01 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Anchorage vs Locust grove
- Electricity costs are higher in Anchorage at $25.4 per kWh, compared to $12.37 in Locust grove.
- Locust grove experiences higher natural gas costs at $20.27 per unit, with costs at $12.01 in Anchorage.
- Utility expenses are equal in both Anchorage and Locust grove averaging $250.