The housing market plays a significant role in determining the cost of living in Tishomingo, OK.
Analyzing the housing data for Tishomingo, OK, it appears that the housing index is fairly balanced at 80.0. With a median home price of 150000, potential homeowners may find an accessible entry point into the real estate market. On the rental side, the average rent for a 2BR apartment is set at 1200, and for a 2BR house, it’s 1280, indicating slight affordability compared to other regions. Be aware, however, that market conditions can quickly shift, influencing both rental rates and property values moving forward.
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Tishomingo, OK.
Living in Tishomingo, 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 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 Tishomingo, OK, consider the following factors: