Housing costs in Hugo?
A typical home costs
$91,500, which is 72.9% less expensive than the national average of
$338,100 and 47.6% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Hugo costs
$700 per month, which is 51.0% cheaper than the national average of
$1,430 and 32.9% cheaper than the state average of
$930.
Can I afford Hugo?
To live comfortably in Hugo, Oklahoma, a minimum annual income of
$17,640 for a family, and
$21,200 for a single person is recommended.
What does A.I. say about Hugo?
The cost of living in Hugo, OK is quite affordable. The median home price is around $75,000, and rental prices are also relatively low. Grocery costs are about 11% lower than the national average. Utilities such as electricity and water are also reasonably priced. With an overall cost of living index of 79, Hugo is significantly cheaper than other cities in Oklahoma and the rest of the United States. All in all, Hugo is a great place to live for people who want to get more bang for their buck without having to sacrifice too much quality of life.