Housing costs in Oxford?
A typical home costs
$456,600, which is 35.0% more expensive than the national average of
$338,100 and 108.8% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Oxford costs
$1,240 per month, which is 13.3% cheaper than the national average of
$1,430 and 11.3% more than the state average of
$1,100.
Can I afford Oxford?
To live comfortably in Oxford (zip 48370), Michigan, a minimum annual income of
$87,480 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Oxford?
48370 Oxford, MI is an area known for its affordability. The cost of living in the area is considerably lower than the national average, and it is especially conducive to those on a tight budget. Housing costs are well below the national average, with the median home value clocking in at around $131,100. Utilities and other services remain relatively stable throughout the year. With all of these factors taken into account, 48370 Oxford, MI can be a great place to live for people of all incomes and budgets.