Housing costs in Lima?
A typical home costs
$60,200, which is 82.2% less expensive than the national average of
$338,100 and 65.5% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Lima costs
$620 per month, which is 56.6% cheaper than the national average of
$1,430 and 50.0% cheaper than the state average of
$930.
Can I afford Lima?
To live comfortably in Lima, Oklahoma, a minimum annual income of
$11,520 for a family, and
$19,200 for a single person is recommended.
What does A.I. say about Lima?
The cost of living in Lima, OK is quite reasonable. According to Best Places, the overall cost of living index for the city is 80.6 in comparison to the national average of 100. This means that the overall cost of living in Lima is 19.4% lower than the U.S. average, making it an affordable place to live for those looking for an affordable lifestyle. Additionally, the median home value is $70,800 and the median rent price is $531 per month. In addition to relatively low housing costs, utilities such as electricity and natural gas are also reasonably priced in Lima. Overall, Lima provides a great combination of affordability and quality of life for residents looking for a comfortable place to live without breaking the bank.