Cost of Living: Spring valley, NY vs Norman, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Spring valley | Norman |
|---|---|---|
| Housing Index | 120.4 | 85.5 |
| Median Home Price | $497,000 | $265,000 |
| Average Rent (2 BR Apartment) | $2300 | $1100 |
| Average Rent (2 BR House) | $2400 | $1200 |
Housing Comparison: Spring valley vs Norman
- In Spring valley, the median home price is higher at $497,000, while in Norman it is $265,000.
- Renting a two-bedroom apartment costs more in Spring valley at $2,300 than in Norman at $1,100.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Spring valley | Norman |
|---|---|---|
| Electricity Price | $26.08 | $12.37 |
| Natural Gas Price | $18.13 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Spring valley vs Norman
- Electricity costs are higher in Spring valley at $26.08 per kWh, compared to $12.37 in Norman.
- Norman experiences higher natural gas costs at $20.27 per unit, with costs at $18.13 in Spring valley.
- Utility expenses are equal in both Spring valley and Norman averaging $250.