Housing costs in Oakland?
A typical home costs
$112,400, which is 66.8% less expensive than the national average of
$338,100 and 27.6% less expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Oakland costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 20.3% cheaper than the state average of
$890.
Can I afford Oakland?
To live comfortably in Oakland, Mississippi, a minimum annual income of
$21,600 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Oakland?
The cost of living in Oakland, MS is relatively low compared to other cities in the region. The median home value is just over $100,000, about half of the median home price statewide. Even though there is a low cost of living, the city's unemployment rate is slightly higher than the national average. Nonetheless, Oakland provides residents with an array of amenities including a variety of restaurants, a nearby lake, and outdoor recreational areas. With its peaceful suburban atmosphere and affordable housing prices, Oakland can be an attractive option for people looking for inexpensive living.