Housing costs in Drummond?
A typical home costs
$145,200, which is 57.1% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Drummond costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$930.
Can I afford Drummond?
To live comfortably in Drummond, Oklahoma, a minimum annual income of
$27,720 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Drummond?
The cost of living in Drummond, OK is quite affordable. The town's median home value is $73,000, which is much lower than the national average. Additionally, the overall cost of living index for Drummond is 80.2, which is 20% lower than the national average. This means that everyday expenses such as groceries and transportation are much less expensive here than other places in the U.S., making it an attractive option for families on a budget. Other expenses such as utilities and healthcare also tend to be cheaper in Drummond than in other major cities.