Housing costs in Oxford?
A typical home costs
$267,400, which is 20.9% less expensive than the national average of
$338,100 and 37.2% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Oxford costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 10.6% more than the state average of
$930.
Can I afford Oxford?
To live comfortably in Oxford, Iowa, a minimum annual income of
$51,120 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Oxford?
The cost of living in Oxford, IA is quite affordable compared to larger cities. Housing costs are lower than the national average, and rent for an apartment in Oxford is typically around $700 per month. Other expenses such as groceries and transportation are also relatively low in price, allowing residents to keep their overall cost of living down. The median household income in the city is reasonably high, at about $53,000 per year, which helps offset the cost of living even more. All in all, Oxford is a great place to live if you’re looking for an affordable lifestyle.