Housing costs in Oak Grove?
A typical home costs
$108,600, which is 67.9% less expensive than the national average of
$338,100 and 41.2% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Oak Grove costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 37.0% cheaper than the state average of
$1,000.
Can I afford Oak Grove?
To live comfortably in Oak Grove (zip 71263), Louisiana, a minimum annual income of
$20,880 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in 71263 Oak Grove, LA is quite affordable compared to other parts of the country. The median home value is just over $100,000 and the median household income is around $36,000. Taxes are relatively low in this area as well, with property taxes being some of the lowest in the state at only 1-2%. Utilities are also reasonably priced and there are many options for shopping, dining, and entertainment that make living here economical. In addition, gas prices tend to be lower than those in other parts of Louisiana due to its proximity to major highways and interstates. All these features make 71263 Oak Grove a great place to live without breaking the bank.