Cost of Living: Independence, MO vs Guymon, OK

Housing

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

Metric Independence Guymon
Housing Index 90.0 75.0
Median Home Price $182,500 $168,000
Average Rent (2 BR Apartment) $1050 $950
Average Rent (2 BR House) $840 $960

Housing Comparison: Independence vs Guymon

  • In Independence, the median home price is higher at $182,500, while in Guymon it is $168,000.
  • In Guymon, the rental for a two-bedroom apartment stands at $950, while it is $1,050 in Independence.

Utilities

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

Metric Independence Guymon
Electricity Price $14.64 $12.37
Natural Gas Price $23.25 $20.27
Other Utilities $250 $200

Utilities Comparison: Independence vs Guymon

  • Electricity costs are higher in Independence at $14.64 per kWh, compared to $12.37 in Guymon.
  • Natural gas is more expensive in Independence at $23.25 per unit, while it is cheaper at $20.27 in Guymon.
  • Other utility costs are higher in Independence at an average of $250, compared to Guymon with $200.