Cost of Living: Waldron, AR vs Woodward, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waldron | Woodward |
|---|---|---|
| Housing Index | 85.0 | 80.0 |
| Median Home Price | $100,000 | $190,000 |
| Average Rent (2 BR Apartment) | $800 | $1200 |
| Average Rent (2 BR House) | $816 | $1280 |
Housing Comparison: Waldron vs Woodward
- The median home price in Woodward is higher at $190,000, compared to $100,000 in Waldron.
- Renting a two-bedroom apartment costs more in Waldron at $800 than in Woodward 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 | Waldron | Woodward |
|---|---|---|
| Electricity Price | $12.36 | $12.37 |
| Natural Gas Price | $17.08 | $20.27 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Waldron vs Woodward
- Woodward has higher electricity costs at $12.37 per kWh, versus $12.36 in Waldron.
- Woodward experiences higher natural gas costs at $20.27 per unit, with costs at $17.08 in Waldron.
- Woodward has higher utility expenses, averaging $250, while Waldron averages $200.