Cost of Living: Germantown, TN vs Owasso, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Germantown | Owasso |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $401,000 | $272,000 |
| Average Rent (2 BR Apartment) | $1400 | $900 |
| Average Rent (2 BR House) | $1500 | $920 |
Housing Comparison: Germantown vs Owasso
- In Germantown, the median home price is higher at $401,000, while in Owasso it is $272,000.
- In Owasso, the rental for a two-bedroom apartment stands at $900, while it is $1,400 in Germantown.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Germantown | Owasso |
|---|---|---|
| Electricity Price | $12.57 | $12.37 |
| Natural Gas Price | $12.35 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Germantown vs Owasso
- Electricity costs are higher in Germantown at $12.57 per kWh, compared to $12.37 in Owasso.
- Owasso experiences higher natural gas costs at $20.27 per unit, with costs at $12.35 in Germantown.
- Utility expenses are equal in both Germantown and Owasso averaging $250.