Housing costs in Oxford?
A typical home costs
$193,600, which is 42.7% less expensive than the national average of
$338,100 and 33.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Oxford costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$1,110.
Can I afford Oxford?
To live comfortably in Oxford, North Carolina, a minimum annual income of
$37,080 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Oxford?
The cost of living in Oxford, NC is relatively low compared to other cities in the United States. According to BestPlaces, the cost of living index for Oxford is 81.4, which is much cheaper than the national average. Rent prices are also quite affordable at $720 per month for a one-bedroom apartment in the city center and $580 for outside of town. Groceries and restaurant prices are also quite low with an average meal costing around $12. In addition, taxes are also relatively inexpensive with sales tax only being 7%. Overall, Oxford is a great place to live with a very affordable cost of living.