Cost of Living: Norman, OK vs Rockwall, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norman | Rockwall |
|---|---|---|
| Housing Index | 85.5 | 110.0 |
| Median Home Price | $265,000 | $364,000 |
| Average Rent (2 BR Apartment) | $1100 | $1600 |
| Average Rent (2 BR House) | $1200 | $1620 |
Housing Comparison: Norman vs Rockwall
- The median home price in Rockwall is higher at $364,000, compared to $265,000 in Norman.
- In Rockwall, the rental for a two-bedroom apartment stands at $1,600, while it is $1,100 in Norman.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norman | Rockwall |
|---|---|---|
| Electricity Price | $12.37 | $14.47 |
| Natural Gas Price | $20.27 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norman vs Rockwall
- Rockwall has higher electricity costs at $14.47 per kWh, versus $12.37 in Norman.
- Rockwall experiences higher natural gas costs at $26.29 per unit, with costs at $20.27 in Norman.
- Utility expenses are equal in both Norman and Rockwall averaging $250.