Cost of Living in Glenpool, OK
Housing
The housing market plays a significant role in determining the cost of living in Glenpool, OK.
- Housing Index: 85.2 / 100
- Median Home Price is: $216,000
- Average Rent (2 BR Apartment): $1248 per month
- Average Rent (2 BR House): $1357 per month
When considering a move to Glenpool, OK, the housing landscape offers an intriguing mix. With a housing index of 85.2, indicating relative affordability compared to national trends, the median home price standing at 216000 showcases opportunities for homeownership. Alternatively, average rents of 1248 for a 2BR apartment and 1357 for a 2BR house suggest a degree of competitiveness in the rental market. It's important to balance these factors, especially if you value space and amenities, as purchasing may bring long-term benefits in building equity over renting. Overall, weigh your priorities for lifestyle, financial investments, and market trends before deciding.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Glenpool, 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.): $226 per month
Living in Glenpool, 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 $226 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 Glenpool is a financially viable option for your relocation.