Cost of Living: Waurika, OK vs Richards, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Waurika | Richards |
|---|---|---|
| Housing Index | 85.0 | 78.5 |
| Median Home Price | $125,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1000 | $1200 |
| Average Rent (2 BR House) | $1200 | $1300 |
Housing Comparison: Waurika vs Richards
- The median home price in Richards is higher at $145,000, compared to $125,000 in Waurika.
- In Richards, the rental for a two-bedroom apartment stands at $1,200, while it is $1,000 in Waurika.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Waurika | Richards |
|---|---|---|
| Electricity Price | $12.37 | $14.47 |
| Natural Gas Price | $20.27 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Waurika vs Richards
- Richards has higher electricity costs at $14.47 per kWh, versus $12.37 in Waurika.
- Richards experiences higher natural gas costs at $26.29 per unit, with costs at $20.27 in Waurika.
- Utility expenses are equal in both Waurika and Richards averaging $200.