Cost of Living: Owasso, OK vs Fort smith, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owasso | Fort smith |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $272,000 | $200,000 |
| Average Rent (2 BR Apartment) | $900 | $1000 |
| Average Rent (2 BR House) | $920 | $1200 |
Housing Comparison: Owasso vs Fort smith
- In Owasso, the median home price is higher at $272,000, while in Fort smith it is $200,000.
- Renting a two-bedroom apartment costs more in Owasso at $900 than in Fort smith at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Owasso | Fort smith |
|---|---|---|
| Electricity Price | $12.37 | $12.36 |
| Natural Gas Price | $20.27 | $17.08 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Owasso vs Fort smith
- Electricity costs are higher in Owasso at $12.37 per kWh, compared to $12.36 in Fort smith.
- Natural gas is more expensive in Owasso at $20.27 per unit, while it is cheaper at $17.08 in Fort smith.
- Other utility costs are higher in Owasso at an average of $250, compared to Fort smith with $200.