Housing costs in Oakland?
A typical home costs
$183,600, which is 45.7% less expensive than the national average of
$338,100 and 5.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Oakland costs
$890 per month, which is 4.3% cheaper than the national average of
$930 and 21.3% cheaper than the state average of
$1,080.
Can I afford Oakland?
To live comfortably in Oakland (zip 51560), Iowa, a minimum annual income of
$35,280 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Oakland?
Living in Oakland, IA is quite affordable compared to other parts of the country. The cost of living in 51560 Oakland, IA is significantly lower than the national average. According to Best Places, the cost of living index in 51560 Oakland, IA is 78.2, which is 22.8% lower than the national average. This means that essential goods and services are more affordable in Oakland, IA compared to other places in the US. Real estate prices are also relatively low with a median home value of $95,200 which is 23% lower than the US average as per Zillow. All in all, living in 51560 Oakland, IA can be quite economical for those looking for an affordable place to live with access to all necessary amenities.