Cost of Living in Broken arrow, OK
Housing
The housing market plays a significant role in determining the cost of living in Broken arrow, OK.
- Housing Index: 90.0 / 100
- Median Home Price is: $234000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
Considering a move to Broken arrow, OK? With a housing index of 90.0, affordability seems accessible, particularly for renters and homebuyers alike. The median home price stands at a reasonable 234000, making homeownership a viable option. If you prefer renting, expect to pay an average of 1200 for a 2-bedroom apartment and 1360 for a 2-bedroom house. This could mean lower average living costs compared to national trends, where cities often surpass these figures. Ultimately, Broken arrow offers a promising outlook for potential residents seeking value without compromising quality of life.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Broken arrow, 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.): $180 per month
Living in Broken arrow, 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 $180 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 Broken arrow is a financially viable option for your relocation.