Cost of Living in Sterling, OK
Housing
The housing market plays a significant role in determining the cost of living in Sterling, OK.
- Housing Index: Data is updating
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing real estate data for Sterling, OK, indicates a notably low housing index of 0.0. With the median home price sitting at 125000, affordability may seem attractive for potential buyers. However, the absence of rental price data, as the average rent for 2BR apartments and houses is marked as 0.0, raises concerns about market stability and rental availability. It’s crucial to consider the economic drivers and employment opportunities in Sterling to assess long-term growth and comfort before relocating, especially if renting is a primary option.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Sterling, 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.): Data is updating
Living in Sterling, 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 data unavailable 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 Sterling is a financially viable option for your relocation.