Housing costs in Oak Grove?
A typical home costs
$205,300, which is 39.3% less expensive than the national average of
$338,100 and 21.0% less expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Oak Grove costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 5.7% cheaper than the state average of
$1,110.
Can I afford Oak Grove?
To live comfortably in Oak Grove, South Carolina, a minimum annual income of
$39,240 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in Oak Grove, SC is very affordable compared to the national average. The overall cost of living index is 81.7%, which is 19% lower than the U.S. average. Housing costs are especially low at an average of $150,000 for a three-bedroom home, making it one of the most affordable places to live in South Carolina. The median household income is also below the national average at $31,857, which means that residents can stretch their money further and have more money left over for other expenses such as dining out or entertainment. Overall, Oak Grove offers an excellent quality of life with an affordable cost of living that makes it a great place to settle down and raise a family.