Cost of Living: Norman, OK vs Silt, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norman | Silt |
|---|---|---|
| Housing Index | 85.5 | 110.0 |
| Median Home Price | $265,000 | $463,500 |
| Average Rent (2 BR Apartment) | $1100 | $1800 |
| Average Rent (2 BR House) | $1200 | $1840 |
Housing Comparison: Norman vs Silt
- The median home price in Silt is higher at $463,500, compared to $265,000 in Norman.
- In Silt, the rental for a two-bedroom apartment stands at $1,800, 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 | Silt |
|---|---|---|
| Electricity Price | $12.37 | $15.21 |
| Natural Gas Price | $20.27 | $11.3 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Norman vs Silt
- Silt has higher electricity costs at $15.21 per kWh, versus $12.37 in Norman.
- Natural gas is more expensive in Norman at $20.27 per unit, while it is cheaper at $11.3 in Silt.
- Utility expenses are equal in both Norman and Silt averaging $250.