
Housing costs in Nowata?
A typical home costs
$100,400, which is 70.3% less expensive than the national average of
$338,100 and 42.5% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Nowata costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 7.9% more than the state average of
$930.
Can I afford Nowata?
To live comfortably in Nowata (zip 74048), Oklahoma, a minimum annual income of
$19,080 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Nowata?
The cost of living in 74048 Nowata, OK is relatively low compared to other areas of the country. The median home value is just over $73,000, which is significantly lower than many other parts of the US. Property taxes are also low - around 1 percent - and the average rent for a two-bedroom apartment here is just under $500 per month. The overall cost of living index in Nowata is 80, which indicates that it's 20% lower than the national average. Groceries, transportation, and healthcare costs are all below the national averages as well. With its affordability and rural charm, 74048 Nowata is an attractive option for budget-conscious families or individuals looking for a simpler life away from the hustle and bustle of the city.