Housing costs in Owasso?
A typical home costs
$278,500, which is 17.6% less expensive than the national average of
$338,100 and 59.5% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Owasso costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 18.4% more than the state average of
$930.
Can I afford Owasso?
To live comfortably in Owasso, Oklahoma, a minimum annual income of
$53,280 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Owasso?
The cost of living in Owasso, OK is quite affordable. According to the recent figures from the BestPlaces Bureau, the median household income is $71,985 and the median home value is $176,400. The overall cost of living index is 86.6 which suggests that it’s much more affordable than many other parts of Oklahoma or the US for that matter. Additionally, the average cost per year for utilities such as electricity, gas and water is about $2,100 which further reinforces the idea of affordability in Owasso. This makes it an ideal place to live for those looking to settle down in a city with a low cost of living without sacrificing quality of life.