Oakboro, NC Cost of Living


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Oakboro cost of living score
81.1
Less expensive
18.9% lower
than the US average
10.9% lower
than the North Carolina average
Oakboro, North Carolina gets a BestPlaces Cost of Living score of 81.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% lower than the U.S. average and 10.9% higher than the average for North Carolina.

Oakboro, NC

Housing costs in Oakboro?
A typical home costs $218,200, which is 35.5% less expensive than the national average of $338,100 and 24.6% less expensive than the average North Carolina home, at $289,300. Renting a two-bedroom unit in Oakboro costs $740 per month, which is 48.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,110.

Can I afford Oakboro?
To live comfortably in Oakboro, North Carolina, a minimum annual income of $41,760 for a family, and $24,000 for a single person is recommended.

What does A.I. say about Oakboro?
Oakboro, NC is an affordable place to live with a median home price of just over $115,000. The cost of living is also quite low compared to many other cities in the region and across the United States. Renting or buying in Oakboro is significantly more affordable than in larger cities, making it an attractive option for those looking for a new home. In terms of utilities, residents can expect to pay below average prices when compared to neighbouring towns. All in all, Oakboro is an excellent destination if you’re looking for affordability and convenience.
   Cost of living score
     CategoriesOakboroNorth CarolinaUnited States
  81.191.0100.0
  96.196.5100
  110.6107.2100.0
  64.483.1100.0
  $218,200$289,300$338,100
  99.7%99.2%100.0%
  81.183.9100.0
  81.489.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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