Cost of Living in Kiefer, OK
Housing
The housing market plays a significant role in determining the cost of living in Kiefer, OK.
- Housing Index: 85.2 / 100
- Median Home Price is: $235,000
- Average Rent (2 BR Apartment): $1248 per month
- Average Rent (2 BR House): $1357 per month
In analyzing the housing market in Kiefer, OK, the data indicates a median home price of 235000, which suggests it's an affordable time to purchase property here. However, with a housing index of 85.2, the market may exhibit certain challenges or stagnation. Additionally, average rents for both 2-bedroom apartments and houses being at $0 implies a potential lack of listings or inventory. For budget-conscious individuals, Kiefer offers affordability; however, future growth depends on inventory and market conditions. It's essential to research local amenities and employment opportunities when making your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Kiefer, 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 Kiefer, 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 Kiefer is a financially viable option for your relocation.