Housing costs in Oakwood?
A typical home costs
$332,800, which is 1.6% less expensive than the national average of
$338,100 and 68.9% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Oakwood costs
$950 per month, which is 33.6% cheaper than the national average of
$1,430 and 3.2% cheaper than the state average of
$980.
Can I afford Oakwood?
To live comfortably in Oakwood, Ohio, a minimum annual income of
$63,720 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Oakwood?
The cost of living in Oakwood, OH is quite reasonable. According to BestPlaces, the cost of living index for Oakwood is 80.6, which is slightly lower than the national average of 100. The housing prices are very affordable compared to other cities in Ohio, and rent prices are even more reasonable. There are also many discount stores and restaurants that help keep costs down for local residents. Overall, Oakwood provides a great quality of life at an affordable price.