Housing costs in Oatman?
A typical home costs
$371,300, which is 9.8% more expensive than the national average of
$338,100 and 8.9% less expensive than the average Arizona home, at
$407,400. Renting a two-bedroom unit in Oatman costs
$1,020 per month, which is 28.7% cheaper than the national average of
$1,430 and 52.0% cheaper than the state average of
$1,550.
Can I afford Oatman?
To live comfortably in Oatman, Arizona, a minimum annual income of
$71,280 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Oatman?
The cost of living in Oatman, AZ is relatively low compared to the rest of the United States. The median household income is around $32,000, which is much lower than the US average of just over $60,000. Despite this lower median household income, residents can still enjoy a high quality of life due to low housing costs and other goods and services. The average home price in Oatman is around $150,000 with most homes being two bedroom bungalows or larger ranch-style homes. Residents also benefit from the area’s low tax rate as well as cheaper food and transportation costs compared to other parts of Arizona. With all these factors combined, the cost of living in Oatman, AZ is quite affordable and makes it an ideal place for people looking for a more affordable lifestyle.