Cost of Living in Okmulgee, OK
Housing
The housing market plays a significant role in determining the cost of living in Okmulgee, OK.
- Housing Index: 85.2 / 100
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): $1248 per month
- Average Rent (2 BR House): $1357 per month
When considering a move to Okmulgee, OK, it's essential to analyze the current housing data. The 85.2 index indicates a market responsiveness to fluctuations, while the median home price of 125000 suggests affordability compared to many urban centers. Although both the average rent for a 2-bedroom apartment and house currently show as 1248 and 1357, it's worth noting that a relatively low median home price can offer excellent long-term investment potential. This data emphasizes a unique opportunity for homeownership in Okmulgee.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Okmulgee, 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 Okmulgee, 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 Okmulgee is a financially viable option for your relocation.