Housing costs in Oakville?
A typical home costs
$97,400, which is 71.2% less expensive than the national average of
$338,100 and 56.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Oakville costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Oakville?
To live comfortably in Oakville (zip 47367), Indiana, a minimum annual income of
$18,720 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Oakville?
The cost of living in 47367 Oakville, IN is generally quite affordable compared to other areas. The median home cost is around $91,000, which is much lower than the national average of $231,200. Gas prices are also relatively inexpensive at an average price of $2.61 per gallon. However, taxes in Oakville can be a bit higher than the national average; income tax rates range from 3.23% to 4.25%, while sales tax rates range from 7% to 8%. Additionally, groceries and utilities tend to cost a little more in Oakville than other similarly sized cities due to its rural location. Despite this increase in certain costs, overall the cost of living in Oakville remains quite affordable and offers many great opportunities for those looking for a peaceful and relaxing lifestyle.