Zip 74048 (Nowata, OK) Cost of Living


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United States / Oklahoma / No Metro Area / Nowata County / Nowata / Nowata (zip 74048)
How much do I need to live in Nowata, Oklahoma?
$1,590 / month
for a family, 70.6% less expensive than the national average A total of $19,080 for the year for a family.
$2,567 / month
for a single person, 46.2% less expensive than the national average A total of $30,800 for the year for a single person.

Nowata cost of living score
73.1
Less expensive
26.9% lower
than the US average
11.1% lower
than the Oklahoma average
Nowata (zip 74048), Oklahoma gets a BestPlaces Cost of Living score of 73.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.9% lower than the U.S. average and 11.1% higher than the average for Oklahoma.

Zip 74048 (Nowata, OK)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNowataOklahomaUnited States
    Unlock82.2100.0
  91.6  Unlock100.0
    Unlock113.8100.0
  27.1  Unlock100.0
    Unlock$174,600$338,100
  96.9  Unlock100.0
    Unlock89.2100.0
  72.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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