Housing costs in Albion?
A typical home costs
$85,200, which is 74.8% less expensive than the national average of
$338,100 and 51.2% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Albion 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 Albion?
To live comfortably in Albion, Oklahoma, a minimum annual income of
$16,200 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Albion?
The cost of living in Albion, OK is quite reasonable, with the median home value standing at $105,400 and the median household income being around $45,600. This makes it an affordable place to live for many people. Furthermore, utilities are also relatively inexpensive in Albion with average electricity costs being around 11 cents per kWh and natural gas costs averaging about 4.4 cents per cubic foot. Additionally, food prices remain low compared to other parts of Oklahoma and even the United States as a whole. All in all, Albion is a great place to call home due to its low cost of living and ample local amenities.