Cost of Living: Owasso, OK vs Red bay, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owasso | Red bay |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $272,000 | $167,000 |
| Average Rent (2 BR Apartment) | $900 | $960 |
| Average Rent (2 BR House) | $920 | $992 |
Housing Comparison: Owasso vs Red bay
- In Owasso, the median home price is higher at $272,000, while in Red bay it is $167,000.
- In Red bay, the rental for a two-bedroom apartment stands at $960, while it is $900 in Owasso.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Owasso | Red bay |
|---|---|---|
| Electricity Price | $12.37 | $15.03 |
| Natural Gas Price | $20.27 | $21.76 |
| Other Utilities | $250 | $220 |
Utilities Comparison: Owasso vs Red bay
- Red bay has higher electricity costs at $15.03 per kWh, versus $12.37 in Owasso.
- Red bay experiences higher natural gas costs at $21.76 per unit, with costs at $20.27 in Owasso.
- Other utility costs are higher in Owasso at an average of $250, compared to Red bay with $220.