Housing costs in Oak Ridge (Cooke County)?
A typical home costs
$85,100, which is 74.8% less expensive than the national average of
$338,100 and 71.4% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Oak Ridge (Cooke County) costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 18.5% cheaper than the state average of
$1,280.
Can I afford Oak Ridge (Cooke County)?
To live comfortably in Oak Ridge (Cooke County), Texas, a minimum annual income of
$16,200 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Oak Ridge (Cooke County)?
The cost of living in Oak Ridge (Cooke County), TX is generally lower than the U.S. average, making it a great place to live and work. The median home value in Oak Ridge is around $100,000, which is much lower than the national average of around $200,000. Although property taxes are on the high side at an average of 2.66%, they are slightly less than other Texas cities such as Houston or Austin. Utility costs in Oak Ridge are also quite low with electricity running an average of 8 cents per kilowatt hour and natural gas averaging about $1 per therm. Additionally, goods and services can be purchased at cheaper rates due to the general low cost of living in Oak Ridge.