Housing costs in Oxford?
A typical home costs
$270,500, which is 20.0% less expensive than the national average of
$338,100 and 74.2% more expensive than the average Mississippi home, at
$155,300. Renting a two-bedroom unit in Oxford costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 19.8% more than the state average of
$890.
Can I afford Oxford?
To live comfortably in Oxford Mississi Metro Area, Mississippi, a minimum annual income of
$51,840 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Oxford?
The cost of living in the Oxford, MS Metro Area is lower than the national average. The US average Cost of Living is 100 while the value for Oxford is 83. This means that the cost of living in this area is 17% cheaper than the US average. Despite this, the median value of a house in this area is still high at $270,500 which is significantly more than the US average house value of $338,100.