Cost of Living: Lockwood, MO vs Weatherford, OK

Housing

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

Metric Lockwood Weatherford
Housing Index 85.0 85.0
Median Home Price $162,500 $202,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1240 $1300

Housing Comparison: Lockwood vs Weatherford

  • The median home price in Weatherford is higher at $202,000, compared to $162,500 in Lockwood.
  • The rent for a two-bedroom apartment is equal in both Lockwood and Weatherford 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 Lockwood Weatherford
Electricity Price $14.64 $12.37
Natural Gas Price $23.25 $20.27
Other Utilities $150 $250

Utilities Comparison: Lockwood vs Weatherford

  • Electricity costs are higher in Lockwood at $14.64 per kWh, compared to $12.37 in Weatherford.
  • Natural gas is more expensive in Lockwood at $23.25 per unit, while it is cheaper at $20.27 in Weatherford.
  • Weatherford has higher utility expenses, averaging $250, while Lockwood averages $150.