Cost of Living: Owasso, OK vs Altoona, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owasso | Altoona |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $272,000 | $218,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $920 | $1280 |
Housing Comparison: Owasso vs Altoona
- In Owasso, the median home price is higher at $272,000, while in Altoona it is $218,000.
- Renting a two-bedroom apartment costs more in Owasso at $900 than in Altoona 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 | Owasso | Altoona |
|---|---|---|
| Electricity Price | $12.37 | $14.82 |
| Natural Gas Price | $20.27 | $15.61 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Owasso vs Altoona
- Altoona has higher electricity costs at $14.82 per kWh, versus $12.37 in Owasso.
- Natural gas is more expensive in Owasso at $20.27 per unit, while it is cheaper at $15.61 in Altoona.
- Utility expenses are equal in both Owasso and Altoona averaging $250.