Housing costs in Oxford?
A typical home costs
$458,200, which is 35.5% more expensive than the national average of
$338,100 and 26.5% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Oxford costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 4.6% more than the state average of
$1,660.
Can I afford Oxford?
To live comfortably in Oxford (zip 06478), Connecticut, a minimum annual income of
$87,840 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Oxford?
Living in 06478 Oxford, CT is relatively expensive. The cost of living index in the area is 106.5 which is 6.5 percent higher than the national average, making it one of the more expensive places to live. The median home cost in the area is $290,300, significantly higher than the national average of $184,700. Renting a one bedroom apartment averages around $1,100 a month and utilities can run anywhere from $150 to $250 a month depending on usage. Groceries and basic necessities tend to also be more expensive when compared to other cities and towns throughout Connecticut and New England due to the small size and remote location of Oxford.