Housing costs in Oakland?
A typical home costs
$89,400, which is 73.6% less expensive than the national average of
$338,100 and 63.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Oakland costs
$790 per month, which is 44.8% cheaper than the national average of
$1,430 and 59.5% cheaper than the state average of
$1,260.
Can I afford Oakland?
To live comfortably in Oakland (zip 61943), Illinois, a minimum annual income of
$17,280 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Oakland?
equestId:bc1a331c-8b00-405f-917d-b23868dba3d0,resource:content,data:[{id:txt_d1187450a901463a8eb5cf83a26adac5,text:\n \nOakland, IL is a small rural town with a reasonable cost of living. The median home value in 61943 Oakland, IL is $53,200, significantly lower than the national average of $231,200. Similarly, the median household income for Oakland is $37,174 which is much lower than the national average of $61,937. The average rent price for an apartment in Oakland is approximately $500 per month which contributes to a low overall cost of living when compared to many other locations. With affordable housing options and minimal taxes and utility costs, it's not difficult to understand why so many people choose to call Oakland home.