Housing costs in Oxford?
A typical home costs
$109,400, which is 67.6% less expensive than the national average of
$338,100 and 39.8% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Oxford costs
$640 per month, which is 55.2% cheaper than the national average of
$1,430 and 31.3% cheaper than the state average of
$840.
Can I afford Oxford?
To live comfortably in Oxford, Arkansas, a minimum annual income of
$20,880 for a family, and
$20,800 for a single person is recommended.
What does A.I. say about Oxford?
The cost of living in Oxford, AR is very reasonable compared to other areas in the country. According to BestPlaces, the city has an overall cost of living index of about 81.4, which is 16.6% lower than the US average. The rent and utilities here are some of the lowest in the state, coming in at 19.4% lower than the national average. Additionally, groceries and transportation are also quite affordable at 8% and 7.5% lower than the national averages respectively. All in all, Oxford is a great place to live for anyone looking for a low-cost lifestyle while still having access to modern amenities and attractions nearby.