Zip 47971 (Oxford, IN) Cost of Living


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Oxford cost of living score
76.2
Less expensive
23.8% lower
than the US average
9.0% lower
than the Indiana average
Oxford (zip 47971), Indiana gets a BestPlaces Cost of Living score of 76.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.8% lower than the U.S. average and 9.0% higher than the average for Indiana.

Zip 47971 (Oxford, IN)

Housing costs in Oxford?
A typical home costs $172,200, which is 49.1% less expensive than the national average of $338,100 and 22.3% less expensive than the average Indiana home, at $221,600. Renting a two-bedroom unit in Oxford costs $910 per month, which is 36.4% cheaper than the national average of $1,430 and 7.7% cheaper than the state average of $980.

Can I afford Oxford?
To live comfortably in Oxford (zip 47971), Indiana, a minimum annual income of $33,120 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Oxford?
The cost of living in 47971 Oxford, IN is on the lower end of the spectrum when compared to other cities in Indiana. Housing costs in particular are quite affordable, with the median home value sitting at around $182,000. Despite the relatively low housing costs, utilities and other goods and services still remain reasonably priced. This makes 47971 Oxford a great option for those who want to live somewhere with access to all of their daily needs without having to break their budget.
   Cost of living score
     CategoriesOxfordIndianaUnited States
  76.283.7100.0
  91.592.9100
  93.494.4100.0
  40.763.8100.0
  $172,200$221,600$338,100
  102.5%97.2%100.0%
  90.985.4100.0
  98.8102.0100.0

   100=National Average

   Average Rent by Bedroom Size
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