Cost of Living in Bethany, OK

Housing

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

• Housing Index: 0.0 / 100
• Median Home Price is: $210000
• Average Rent (2 BR Apartment): $0.0 per month
• Average Rent (2 BR House): $0.0 per month

Analyzing the housing market in Bethany, OK, it appears that the median home price stands at 210000, indicating a potentially affordable market for homebuyers. However, given the housing index of 0.0, with both average rents for a 2-bedroom apartment and house at zero, there may be limited rental options available. This could signify a shift towards homeownership or a lack of investment in the rental market. Prospective residents should consider these factors and explore community amenities to gauge overall livability in Bethany.

Utilities

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

• Electricity Price: 12.37 USD (median by state)
• Natural Gas Price: $20.27 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $0.0 per month

Living in Bethany, OK could entail higher utility costs. Electricity costs sit at 12.37, while natural gas is priced at 20.27 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 0.0 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 0.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $54606

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Bethany, OK, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.