Cost of Living: Guymon, OK vs Alcoa, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Guymon | Alcoa |
|---|---|---|
| Housing Index | 85.2 | 98.5 |
| Median Home Price | $168,000 | $262,000 |
| Average Rent (2 BR Apartment) | $1248 | $1750 |
| Average Rent (2 BR House) | $1357 | $1902 |
Housing Comparison: Guymon vs Alcoa
- The median home price in Alcoa is higher at $262,000, compared to $168,000 in Guymon.
- In Alcoa, the rental for a two-bedroom apartment stands at $1,750, while it is $1,248 in Guymon.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Guymon | Alcoa |
|---|---|---|
| Electricity Price | $12.37 | $12.57 |
| Natural Gas Price | $20.27 | $12.35 |
| Other Utilities | $226 | $238 |
Utilities Comparison: Guymon vs Alcoa
- Alcoa has higher electricity costs at $12.57 per kWh, versus $12.37 in Guymon.
- Natural gas is more expensive in Guymon at $20.27 per unit, while it is cheaper at $12.35 in Alcoa.
- Alcoa has higher utility expenses, averaging $238, while Guymon averages $226.