Cost of Living: Beaumont, TX vs Woodward, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Beaumont | Woodward |
|---|---|---|
| Housing Index | 85.0 | 80.0 |
| Median Home Price | $281,000 | $190,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1365 | $1280 |
Housing Comparison: Beaumont vs Woodward
- In Beaumont, the median home price is higher at $281,000, while in Woodward it is $190,000.
- The rent for a two-bedroom apartment is equal in both Beaumont and Woodward 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 | Beaumont | Woodward |
|---|---|---|
| Electricity Price | $14.47 | $12.37 |
| Natural Gas Price | $26.29 | $20.27 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Beaumont vs Woodward
- Electricity costs are higher in Beaumont at $14.47 per kWh, compared to $12.37 in Woodward.
- Natural gas is more expensive in Beaumont at $26.29 per unit, while it is cheaper at $20.27 in Woodward.
- Woodward has higher utility expenses, averaging $250, while Beaumont averages $200.