Housing costs in Oak Bluffs?
A typical home costs
$1,048,300, which is 210.1% more expensive than the national average of
$338,100 and 88.1% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Oak Bluffs costs
$2,800 per month, which is 95.8% more than the national average of
$1,430 and 23.6% more than the state average of
$2,140.
Can I afford Oak Bluffs?
To live comfortably in Oak Bluffs, Massachusetts, a minimum annual income of
$200,880 for a family, and
$99,200 for a single person is recommended.
What does A.I. say about Oak Bluffs?
Oak Bluffs, MA is an expensive place to live, especially due to its proximity to Martha's Vineyard. The average cost of housing in the area is around $640,000, which is significantly higher than the US national median home price of $216,200. Additionally, people living in Oak Bluffs have to pay high sales taxes of up to 6.25%, and the overall cost of living can be 10% higher than the rest of the state. Despite these costs, Oak Bluffs has much to offer with its access to beautiful beaches and other attractions, making it an attractive option for those who can afford it.