Housing costs in Oakland?
A typical home costs
$285,600, which is 15.5% less expensive than the national average of
$338,100 and 14.5% less expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Oakland costs
$940 per month, which is 34.3% more than the national average of
$1,430 and 33.0% more than the state average of
$1,250.
Can I afford Oakland?
To live comfortably in Oakland, Maine, a minimum annual income of
$54,720 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Oakland?
Living in Oakland, ME can be quite affordable. The cost of living is almost 14% lower than the national average, making it a great place to live for those looking to keep their expenses low. In addition, housing costs are relatively low compared to state and national averages; the median home prices in Oakland are approximately $182,000, making homeownership an attainable goal for many. The area also offers many amenities such as dining, shopping and entertainment opportunities at a reasonable cost. Overall, Oakland is an excellent option for those looking for a budget-friendly place to call home.