Cost of Living in Oklahoma city, OK
Housing
The housing market plays a significant role in determining the cost of living in Oklahoma city, OK.
- Housing Index: 90.0 / 100
- Median Home Price is: $242,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Oklahoma city, OK? With a housing index of 90.0, the affordability here is slightly below the national average, making it an enticing locale for first-time buyers. The median home price of 242000 suggests reasonable entry points for homeownership in the area. For renters, expect to pay around 1200 for a two-bedroom apartment or 1280 for a house. Additionally, it's worth noting that many local amenities, schools, and parks enhance the living experience, making this a potentially wise choice for relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oklahoma city, 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.): $220 per month
Living in Oklahoma city, 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 $220 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 Oklahoma city is a financially viable option for your relocation.