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.