Cost of Living in Dewey, OK

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $150000
• Average Rent (2 BR Apartment): $800 per month
• Average Rent (2 BR House): $850 per month

If you’re considering a move to Dewey, OK, the housing market looks quite favorable. With a housing index of 85.0, it suggests affordability compared to national averages. The median home price of 150000 is significantly below many other markets, and the average rent for a 2-bedroom apartment and house, at 800 and 850 respectively, offers competitive options for renters. Families and individuals alike may find this area appealing not just for its housing affordability, but also for its potential lifestyle benefits.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dewey, 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.): $200 per month

Living in Dewey, 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.

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: 95.4

Median Income

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

• Median Income: $61310

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 Dewey, 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.