Housing costs in Collinsville?
A typical home costs
$243,700, which is 27.9% less expensive than the national average of
$338,100 and 39.6% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Collinsville costs
$1,150 per month, which is 23.7% more than the national average of
$930 and 14.8% more than the state average of
$980.
Can I afford Collinsville?
To live comfortably in Collinsville (zip 74021), Oklahoma, a minimum annual income of
$46,800 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Collinsville?
The cost of living in 74021 Collinsville, OK is relatively low compared to many other cities in the United States. According to a 2019 index, the city’s cost of living is 20.3% lower than the U.S average. This means that residents can enjoy more purchasing power and quality of life than those living in other parts of the country. The median home price in Collinsville is $97,800 which is slightly below the national average and makes it one of the most affordable places to live in Oklahoma. Additionally, groceries and health care expenses are generally lower compared to most areas which further contributes to a favorable cost of living for local residents.