Cost of Living: Norman, OK vs Shelby, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norman | Shelby |
|---|---|---|
| Housing Index | 85.5 | Data is updating |
| Median Home Price | $265,000 | $174,000 |
| Average Rent (2 BR Apartment) | $1100 | $Data is updating |
| Average Rent (2 BR House) | $1200 | $Data is updating |
Housing Comparison: Norman vs Shelby
- In Norman, the median home price is higher at $265,000, while in Shelby it is $174,000.
- The rent for a two-bedroom apartment is equal in both Norman and Shelby at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Norman | Shelby |
|---|---|---|
| Electricity Price | $12.37 | $14.82 |
| Natural Gas Price | $20.27 | $15.61 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Norman vs Shelby
- Shelby has higher electricity costs at $14.82 per kWh, versus $12.37 in Norman.
- Natural gas is more expensive in Norman at $20.27 per unit, while it is cheaper at $15.61 in Shelby.
- Utility expenses are equal in both Norman and Shelby averaging $250.