Cost of Living in Woodward, OK
Housing
The housing market plays a significant role in determining the cost of living in Woodward, OK.
- Housing Index: 85.2 / 100
- Median Home Price is: $190,000
- Average Rent (2 BR Apartment): $1248 per month
- Average Rent (2 BR House): $1357 per month
Considering a move to Woodward, OK? With a housing index of 85.2, it's relatively affordable compared to many areas. The median home price at 190000 is quite attractive for first-time buyers. Renting options like a 2-bedroom apartment averages at 1248, while a 2-bedroom house is slightly higher at 1357. Additionally, it’s important to take local amenities, job opportunities, and lifestyle into account, as they significantly affect overall living quality. This data suggests that Woodward is a worthwhile consideration if you're seeking a balanced financial commitment in housing.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Woodward, 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 Woodward, 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 Woodward is a financially viable option for your relocation.