Housing costs in McAlester?
A typical home costs
$130,900, which is 61.3% less expensive than the national average of
$338,100 and 25.0% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in McAlester costs
$830 per month, which is 10.8% cheaper than the national average of
$930 and close to the state average of
$830.
Can I afford McAlester?
To live comfortably in McAlester (zip 74501), Oklahoma, a minimum annual income of
$25,200 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about McAlester?
The cost of living in 74501 McAlester, OK is relatively low compared to the national average. According to a recent survey from BestPlaces.net, McAlester's overall cost of living index was reported as 89.3 in comparison to the United States average of 100. This means that basic expenses such as food, housing, transportation, and utilities are significantly lower than in other parts of the country. Additionally, housing costs are especially attractive in McAlester with the median home price for a two-bedroom unit being around $60,000—over $40,000 less than the national median. With these factors taken into account and numerous job opportunities available nearby, it's easy to see why 74501 McAlester is an excellent choice for those looking for affordable housing and cost of living options.