Housing costs in Oxford?
A typical home costs
$449,300, which is 32.9% more expensive than the national average of
$338,100 and 24.1% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Oxford costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 2.9% more than the state average of
$1,660.
Can I afford Oxford?
To live comfortably in Oxford, Connecticut, a minimum annual income of
$86,040 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Oxford?
The cost of living in Oxford, CT is quite reasonable. The median home price is $292,400, which is slightly higher than the rest of the United States. However, due to the small population size and abundance of jobs in the area, housing is still affordable and many people find themselves able to invest in their future with a house purchase. The average rent for an apartment or house is about $1,200 per month. Groceries and utilities also remain relatively low compared to other areas of Connecticut and New England. Overall, Oxford offers a great quality of life at an affordable price.