Cost of Living: Owasso, OK vs Red wing, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Owasso | Red wing |
|---|---|---|
| Housing Index | 85.0 | 90.0 |
| Median Home Price | $272,000 | $275,000 |
| Average Rent (2 BR Apartment) | $900 | $1200 |
| Average Rent (2 BR House) | $920 | $1280 |
Housing Comparison: Owasso vs Red wing
- The median home price in Red wing is higher at $275,000, compared to $272,000 in Owasso.
- Renting a two-bedroom apartment costs more in Owasso at $900 than in Red wing 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 | Red wing |
|---|---|---|
| Electricity Price | $12.37 | $16.38 |
| Natural Gas Price | $20.27 | $14.87 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Owasso vs Red wing
- Red wing has higher electricity costs at $16.38 per kWh, versus $12.37 in Owasso.
- Natural gas is more expensive in Owasso at $20.27 per unit, while it is cheaper at $14.87 in Red wing.
- Other utility costs are higher in Owasso at an average of $250, compared to Red wing with $200.