Housing costs in Velma?
A typical home costs
$106,700, which is 68.4% less expensive than the national average of
$338,100 and 38.9% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Velma costs
$700 per month, which is 24.7% cheaper than the national average of
$930 and 14.3% cheaper than the state average of
$800.
Can I afford Velma?
To live comfortably in Velma (zip 73491), Oklahoma, a minimum annual income of
$20,520 for a family, and
$22,800 for a single person is recommended.
What does A.I. say about Velma?
73491 Velma, OK is a great place to live with a low cost of living. The cost of living in this small town is significantly lower than the national average, making it an ideal place for those looking to stretch their paycheck further. Groceries, housing, utilities, and other expenses are all significantly cheaper in 73491 Velma, OK than they are in other parts of the country. This makes it an attractive destination for those who want to get more out of their money. In addition, residents of 73491 Velma, OK can enjoy a strong sense of community and close proximity to nature while still having access to modern amenities.