Cost of Living: Woodward, OK vs Siloam springs, AR

Housing

The housing market plays a significant role in determining the cost of living.

Metric Woodward Siloam springs
Housing Index 80.0 85.0
Median Home Price $190,000 $245,000
Average Rent (2 BR Apartment) $1200 $800
Average Rent (2 BR House) $1280 $850

Housing Comparison: Woodward vs Siloam springs

  • The median home price in Siloam springs is higher at $245,000, compared to $190,000 in Woodward.
  • In Siloam springs, the rental for a two-bedroom apartment stands at $800, while it is $1,200 in Woodward.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Woodward Siloam springs
Electricity Price $12.37 $12.36
Natural Gas Price $20.27 $17.08
Other Utilities $250 $200

Utilities Comparison: Woodward vs Siloam springs

  • Electricity costs are higher in Woodward at $12.37 per kWh, compared to $12.36 in Siloam springs.
  • Natural gas is more expensive in Woodward at $20.27 per unit, while it is cheaper at $17.08 in Siloam springs.
  • Other utility costs are higher in Woodward at an average of $250, compared to Siloam springs with $200.