Housing costs in Red Oak?
A typical home costs
$99,300, which is 70.6% less expensive than the national average of
$338,100 and 43.1% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Red Oak costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$930.
Can I afford Red Oak?
To live comfortably in Red Oak, Oklahoma, a minimum annual income of
$19,080 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Red Oak?
The cost of living in Red Oak, OK is quite affordable. The median home value is around $157,400, which is significantly lower than the national average. Additionally, the median household income in Red Oak is around $45,500 per year. This makes it easy to manage everyday expenses such as groceries and other necessities. In addition to the reduced cost of housing and basic amenities, there are a variety of discounts and deals available throughout the city for those looking to save money. Overall, living costs in Red Oak are quite reasonable when compared with similar cities around the country.