Cost of Living in Owasso, OK
Housing
The housing market plays a significant role in determining the cost of living in Owasso, OK.
- Housing Index: 85.0 / 100
- Median Home Price is: $272000
- Average Rent (2 BR Apartment): $900 per month
- Average Rent (2 BR House): $920 per month
Considering a move to Owasso, OK? With a housing index of 85.0, the market appears moderately competitive, suggesting that there may be good options for both renting and buying. The median home price stands at 272000, which is quite affordable compared to national averages, and monthly rents for 2-bedroom apartments and houses average around 900 and 920 respectively. This indicates a favorable balance for families or individuals seeking to settle. Furthermore, it’s essential to consider local amenities, schools, and overall quality of life in your decision-making process.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Owasso, 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.): $250 per month
Living in Owasso, 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 Owasso is a financially viable option for your relocation.