Oakwood, MO Cost of Living


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Oakwood cost of living score
93.7
Less expensive
6.3% lower
than the US average
9.5% higher
than the Missouri average
Oakwood, Missouri gets a BestPlaces Cost of Living score of 93.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.3% lower than the U.S. average and 9.5% lower than the average for Missouri.

Oakwood, MO

Housing costs in Oakwood?
A typical home costs $399,200, which is 18.1% more expensive than the national average of $338,100 and 88.0% more expensive than the average Missouri home, at $212,300. Renting a two-bedroom unit in Oakwood costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 18.8% more than the state average of $950.

Can I afford Oakwood?
To live comfortably in Oakwood, Missouri, a minimum annual income of $76,320 for a family, and $40,400 for a single person is recommended.

What does A.I. say about Oakwood?
The cost of living in Oakwood, MO is relatively low compared to other parts of the country. The median home price in Oakwood is around $180,000, which makes it an incredibly affordable place to live. Additionally, the overall cost of goods and services are significantly lower than cities like New York City or Los Angeles. Residents enjoy the benefit of having access to a wide variety of dining options, shopping centers, and entertainment venues at a fraction of what it would cost elsewhere. As an added bonus, Oakwood has some of the lowest taxes in Missouri which helps keep living costs even more affordable. All in all, living in Oakwood is a great way to get quality for your money.
   Cost of living score
     CategoriesOakwoodMissouriUnited States
  93.785.6100.0
  96.694.9100
  104.5104.3100.0
  137.566.5100.0
  $399,200$212,300$338,100
  100.2%98.5%100.0%
  88.986.2100.0
  103.885.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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