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Graph and download economic data for All-Transactions House Price Index for Oklahoma City, OK (MSA) (ATNHPIUS36420Q) from Q1 1977 to Q1 2025 about Oklahoma City, OK, appraisers, HPI, housing, price index, indexes, price, and USA.
In 2022, Oklahoma City, OK, had the lowest average mortgage down payment among the top ten metros with the highest share of Gen Z home buyers in the United States. Gen Zers looking to buy a home there had to save on average roughly 19,000 U.S. dollars for a down payment. Between 18 and 23 percent of mortgage applications in these 10 metros came from Gen Z home buyers. While house prices do in fact influence Gen Zers' choice, the metro with the largest share of Gen Z mortgage requests was Salt Lake City, Utah.
West Virginia and Kansas had the lowest cost of living across all U.S. states, with composite costs being half of those found in Hawaii. This was according to a composite index that compares prices for various goods and services on a state-by-state basis. In West Virginia, the cost of living index amounted to **** — well below the national benchmark of 100. Virginia— which had an index value of ***** — was only slightly above that benchmark. Expensive places to live included Hawaii, Massachusetts, and California. Housing costs in the U.S. Housing is usually the highest expense in a household’s budget. In 2023, the average house sold for approximately ******* U.S. dollars, but house prices in the Northeast and West regions were significantly higher. Conversely, the South had some of the least expensive housing. In West Virginia, Mississippi, and Louisiana, the median price of the typical single-family home was less than ******* U.S. dollars. That makes living expenses in these states significantly lower than in states such as Hawaii and California, where housing is much pricier. What other expenses affect the cost of living? Utility costs such as electricity, natural gas, water, and internet also influence the cost of living. In Alaska, Hawaii, and Connecticut, the average monthly utility cost exceeded *** U.S. dollars. That was because of the significantly higher prices for electricity and natural gas in these states.
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https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for All-Transactions House Price Index for Oklahoma City, OK (MSA) (ATNHPIUS36420Q) from Q1 1977 to Q1 2025 about Oklahoma City, OK, appraisers, HPI, housing, price index, indexes, price, and USA.