Housing costs in Elk City?
A typical home costs
$148,700, which is 56.0% less expensive than the national average of
$338,100 and 14.8% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Elk City costs
$790 per month, which is 15.1% cheaper than the national average of
$930 and 10.1% cheaper than the state average of
$870.
Can I afford Elk City?
To live comfortably in Elk City (zip 73644), Oklahoma, a minimum annual income of
$28,440 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Elk City?
The cost of living in 73644 Elk City, OK is relatively low compared to the national average. According to BestPlaces, the cost of living index for Elk City is 63.02, which is 37.98% lower than the US average. This means that everyday expenses like food, transportation and housing are significantly cheaper in Elk City than in other parts of the country. In addition, the city’s unemployment rate is also much lower than the national average, further contributing to a more affordable lifestyle for residents.