Housing costs in Mangum?
A typical home costs
$66,300, which is 80.4% less expensive than the national average of
$338,100 and 62.0% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Mangum costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Mangum?
To live comfortably in Mangum, Oklahoma, a minimum annual income of
$12,600 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Mangum?
The cost of living in Mangum, OK is relatively low compared to other areas of the state. The median home price for Mangum is just under $70,000, which is much lower than Oklahoma City and Tulsa's median of around $140,000. Apart from housing costs, everyday expenses like groceries and utilities tend to be cheaper in Mangum as well. Additionally, there are no state or local income taxes in Oklahoma which helps to keep living costs down. Overall, the cost of living in Mangum is quite reasonable when compared to other cities in the region.