Housing costs in Oslo?
A typical home costs
$325,000, which is 3.9% less expensive than the national average of
$338,100 and 21.3% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Oslo costs
$840 per month, which is 41.3% more than the national average of
$1,430 and 8.3% cheaper than the state average of
$910.
Can I afford Oslo?
To live comfortably in Oslo, South Dakota, a minimum annual income of
$62,280 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Oslo?
Oslo, SD has a low cost of living when compared to other cities in South Dakota. According to the Best Places Cost of Living Index, the cost of living in Oslo is nearly 10% lower than the national average. Housing costs in the city are especially affordable, with median home prices below $200,000 and rents averaging around $800 per month. Utilities are also reasonable, with an average monthly electricity bill estimated at just over $100. Groceries and other daily expenses are relatively inexpensive as well. Overall, Oslo offers an excellent quality of life for those who wish to live in a small town atmosphere without breaking the bank.