Housing costs in Albion?
A typical home costs
$48,000, which is 85.8% less expensive than the national average of
$338,100 and 72.5% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Albion costs
$710 per month, which is 50.3% cheaper than the national average of
$1,430 and 31.0% cheaper than the state average of
$930.
Can I afford Albion?
To live comfortably in Albion (zip 74521), Oklahoma, a minimum annual income of
$9,360 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Albion?
The cost of living in 74521 Albion, OK is quite affordable. The overall cost of living index is 80, which is 20% lower than the national average and it ranks as one of the most affordable cities in Oklahoma. Housing prices are extremely low compared to other cities in the state, with a median home price of $62,200. Groceries and transportation also come at a fraction of what you would pay in bigger cities. Utilities are also inexpensive; monthly bills tend to be much lower than other nearby towns. Overall, Albion is a great place for those looking for an affordable place to live that still offers plenty of amenities.