Housing costs in Oneida?
A typical home costs
$156,400, which is 53.7% less expensive than the national average of
$338,100 and 43.6% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Oneida costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 46.6% cheaper than the state average of
$1,070.
Can I afford Oneida?
To live comfortably in Oneida, Tennessee, a minimum annual income of
$29,880 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Oneida?
The cost of living in Oneida, TN is quite affordable. According to BestPlaces, the cost of living index in Oneida is 83.90, which is 7% lower than the U.S. average. This suggests that the overall costs for utilities, transportation, groceries and restaurant meals are much cheaper here than in most other areas in the country. Additionally, housing prices are significantly lower than other nearby cities with the median value being around $145,000 for a 3-bedroom house or apartment. Renters benefit from a more reasonable monthly rate compared to larger cities as well; a one bedroom apartment can go for around $500 per month on average. In conclusion, Oneida offers an attractive cost of living that appeals to all types of budgets and lifestyles.