The housing market plays a significant role in determining the cost of living in Chickasha, OK.
When considering a move to Chickasha, OK, the housing index of 85.0 suggests that the cost of living is relatively affordable. With a median home price of 175000, purchasing a home could be a great investment, especially in a market where typical rents for a 2BR apartment are around 900 and for a 2BR house are approximately 880. This indicates that home ownership might offer better value compared to renting. Additionally, proximity to amenities, schools, and job opportunities should also be factor into your decision.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Chickasha, OK.
Living in Chickasha, 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 200 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.
The cost of living index is a widely used metric to determine the relative affordability of cities and towns.
The median income is an important factor to consider when evaluating the affordability of a city or town.
Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.
When considering a move to Chickasha, OK, consider the following factors: