Cost of Living in Ponca city, OK
Housing
The housing market plays a significant role in determining the cost of living in Ponca city, OK.
- Housing Index: 85.2 / 100
- Median Home Price is: $173,000
- Average Rent (2 BR Apartment): $782 per month
- Average Rent (2 BR House): $850 per month
When considering a move to Ponca city, OK, the low housing index of 85.2 indicates potentially favorable conditions for buyers. The median home price of 173000 marks this location as an affordable option compared to national averages. However, with the average rent for a 2-bedroom apartment and house at 782 and 850 respectively being $0 could suggest limited rental availability or data reporting issues. It's crucial to also account for neighborhood amenities, school performance, and future market trends are key factors to consider.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Ponca city, 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 Ponca city, 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 Ponca city is a financially viable option for your relocation.