Housing costs in Oak Ridge?
A typical home costs
$466,900, which is 38.1% more expensive than the national average of
$338,100 and 61.4% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Oak Ridge costs
$1,090 per month, which is 23.8% cheaper than the national average of
$1,430 and close to the state average of
$1,110.
Can I afford Oak Ridge?
To live comfortably in Oak Ridge, North Carolina, a minimum annual income of
$89,640 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Oak Ridge?
The cost of living in Oak Ridge, NC is very reasonable. The median home price is around $207,000 with the median rent being only $1,116. This area offers many amenities that would normally cost more in other parts of the country. Groceries and transportation costs are also low compared to the national averages. Overall, Oak Ridge has a great quality of life and affordability for those who choose to make this their home.