Housing costs in Mustang?
A typical home costs
$257,100, which is 24.0% less expensive than the national average of
$338,100 and 47.3% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Mustang costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 22.5% more than the state average of
$930.
Can I afford Mustang?
To live comfortably in Mustang, Oklahoma, a minimum annual income of
$49,320 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Mustang?
Mustang, OK has a relatively low cost of living compared to other cities around the United States. The median home cost is just over $127,000 and the median household income is just under $55,000, making it a great location for potential homeowners. Renting in Mustang is also quite affordable with the median monthly rent being just under $900. Taxes are also quite reasonable with an average effective rate of 6.8%. In addition to low housing costs, groceries, utilities and health care are also generally inexpensive when compared to the rest of the nation. All in all, Mustang is a great place for those looking for affordability without sacrificing quality of life.