Cost of Living in Cherokee, OK
Housing
The housing market plays a significant role in determining the cost of living in Cherokee, OK.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the data for Cherokee, OK, it's evident that housing options are extremely affordable, with a median home price of 150000. However, the lack of values for the housing index and rent indicates a significant gap in viable housing or an emerging market. This may appeal to buyers looking for cost-effective investments in a growing area or those willing to commute from neighboring communities. Always consider the long-term potential for property value appreciation and the local economy before making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cherokee, 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.): Data is updating
Living in Cherokee, 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 data unavailable 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 Cherokee is a financially viable option for your relocation.