Housing costs in Miami?
A typical home costs
$104,100, which is 69.2% less expensive than the national average of
$338,100 and 40.4% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Miami costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$930.
Can I afford Miami?
To live comfortably in Miami, Oklahoma, a minimum annual income of
$19,800 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Miami?
The cost of living in Miami, OK is quite affordable. The cost of housing is about 11% lower than the national average, while the cost of groceries, health care and transportation are all below the U.S. averages. In addition, Oklahoma has one of the lowest state income tax rates in the country, which helps to keep overall costs low for individuals and families in Miami. There are also a number of local attractions that can help keep entertainment costs down for those looking to explore what the city has to offer.