Housing costs in Oakland?
A typical home costs
$304,600, which is 9.9% less expensive than the national average of
$338,100 and 39.3% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Oakland costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 9.1% more than the state average of
$1,100.
Can I afford Oakland?
To live comfortably in Oakland Michi County, Michigan, a minimum annual income of
$58,320 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Oakland?
The cost of living in Oakland, MI County is 104.9, higher than the national average of 100. This means that the prices of goods and services in Oakland are generally 4.9% higher than the US average. The median home value in Oakland is also significantly higher than the US average at $304,600 compared to $338,100. Living in Oakland is more expensive than most places in the country, although it may be worth it due to its close proximity to big cities such as Detroit and Ann Arbor.