Housing costs in Oak?
A typical home costs
$235,400, which is 30.4% less expensive than the national average of
$338,100 and 3.2% more expensive than the average Nebraska home, at
$228,100. Renting a two-bedroom unit in Oak costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 16.9% cheaper than the state average of
$970.
Can I afford Oak?
To live comfortably in Oak, Nebraska, a minimum annual income of
$45,000 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Oak?
The cost of living in Oak, NE is relatively low compared to other parts of the country. While there are some basic necessities that will be more expensive than larger cities, overall you can achieve a comfortable lifestyle for an affordable price. Basic necessities such as food and housing tend to be significantly cheaper than in larger cities, with average housing prices being much lower than the national average. Other costs such as entertainment, healthcare and transportation are also very affordable; making it possible to enjoy a high quality of life without breaking the bank. All in all, Oak, NE is an excellent place to call home due to its affordable cost of living.