The housing market plays a significant role in determining the cost of living in Moore, OK.
In Moore, OK, the housing market is currently indexed at 85.0, indicating affordability compared to national averages. The median home price stands at 251000, attracting buyers looking for accessible ownership opportunities. Average rents for a 2-bedroom apartment and house are relatively balanced at 1100 and 1080, respectively. This signals a potentially strong rental market for investors, along with a stable community appeal for families. Overall, it's advisable to weigh these factors against lifestyle needs and long-term goals when considering a move to Moore.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Moore, OK.
Living in Moore, 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 250 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 Moore, OK, consider the following factors: