Housing costs in Red Oak?
A typical home costs
$287,400, which is 15.0% less expensive than the national average of
$338,100 and 0.7% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Red Oak costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 24.7% cheaper than the state average of
$1,110.
Can I afford Red Oak?
To live comfortably in Red Oak, North Carolina, a minimum annual income of
$55,080 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Red Oak?
Red Oak, NC is a great place to live with its low cost of living. The median home value in the area is $102,000, which is much lower than the national average. Renting is also relatively affordable, often around $760 for a two-bedroom apartment. Groceries and other daily necessities are also quite affordable, making Red Oak an ideal place to live for those on a budget. Moreover, the area has many restaurants and attractions, making it a great place to live no matter what your budget may be.