Cost of living in Stillwater
Stillwater, located in Oklahoma, is a vibrant city known for its friendly community and educational institutions. Understanding the cost of living in Stillwater is crucial for anyone considering moving to or residing in the city.
This guide provides a detailed breakdown of various expenses, including housing, dining, groceries, and transportation, to help you make informed financial decisions.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $7.5 and $25.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $42.5, with prices ranging from $35 to $50.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9, with a range between $7.99 and $11.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $3 to $6, imported beer $4 to $6, cappuccino $4 to $6, and Coke/Pepsi $1.95 to $7.5.
Grocery Prices
- Milk - Milk is priced between $0.71 and $1.19 per liter, averaging $0.92.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.36 and $4.41, with an average price of $2.62.
- Eggs (Dozen) - A dozen eggs range from $3 to $6.95, averaging $4.25.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $6.61 per kg, while oranges range from $2.93 to $7.05 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.43 and $6.06 per kg, and lettuce costs $0.9 to $2.95 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.68 and $1.02 per liter.
- Car Purchase (e.g., Volkswagen Golf, Toyota Corolla) - A new Volkswagen Golf costs between $17,499 and $36,501.8, while a Toyota Corolla ranges from $14,995 to $28,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $800 to $1500, averaging $1066.67.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $500 to $1500, averaging $900.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1250 to $4500, averaging $2875.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $850 to $4500, averaging $2675.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre averages $1658.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter also averages $1658.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $125 and $350, averaging $176.39.
- Internet - Internet services range from $49.99 to $125, with an average cost of $63.99.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Stillwater offers a relatively affordable cost of living compared to larger cities, with moderate housing and dining expenses.
Transportation costs are low, especially for gasoline, making it easier for residents to commute by car.
Grocery prices are reasonable, though some items like beef and cheese can be on the higher side.
Conclusion
In conclusion, Stillwater, OK, presents a balanced cost of living with affordable housing options and reasonable daily expenses.
While some costs such as dining and certain groceries might be slightly higher, the overall expenses remain manageable for most residents.
Potential residents can enjoy a comfortable lifestyle without the financial strain often associated with larger urban areas.