Cost of Living: Sloan, IA vs Owasso, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sloan | Owasso |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $155,000 | $272,000 |
| Average Rent (2 BR Apartment) | $1200 | $900 |
| Average Rent (2 BR House) | $1360 | $920 |
Housing Comparison: Sloan vs Owasso
- The median home price in Owasso is higher at $272,000, compared to $155,000 in Sloan.
- In Owasso, the rental for a two-bedroom apartment stands at $900, while it is $1,200 in Sloan.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sloan | Owasso |
|---|---|---|
| Electricity Price | $14.82 | $12.37 |
| Natural Gas Price | $15.61 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sloan vs Owasso
- Electricity costs are higher in Sloan at $14.82 per kWh, compared to $12.37 in Owasso.
- Owasso experiences higher natural gas costs at $20.27 per unit, with costs at $15.61 in Sloan.
- Utility expenses are equal in both Sloan and Owasso averaging $250.