Cost of Living: Erwin, TN vs Oklahoma city, OK

Housing

The housing market plays a significant role in determining the cost of living.

Metric Erwin Oklahoma city
Housing Index 85.0 90.0
Median Home Price $228,000 $242,000
Average Rent (2 BR Apartment) $1150 $1200
Average Rent (2 BR House) $1200 $1280

Housing Comparison: Erwin vs Oklahoma city

  • The median home price in Oklahoma city is higher at $242,000, compared to $228,000 in Erwin.
  • In Oklahoma city, the rental for a two-bedroom apartment stands at $1,200, while it is $1,150 in Erwin.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Erwin Oklahoma city
Electricity Price $12.57 $12.37
Natural Gas Price $12.35 $20.27
Other Utilities $220 $220

Utilities Comparison: Erwin vs Oklahoma city

  • Electricity costs are higher in Erwin at $12.57 per kWh, compared to $12.37 in Oklahoma city.
  • Oklahoma city experiences higher natural gas costs at $20.27 per unit, with costs at $12.35 in Erwin.
  • Utility expenses are equal in both Erwin and Oklahoma city averaging $220.