Housing costs in Oak Grove?
A typical home costs
$272,700, which is 19.3% less expensive than the national average of
$338,100 and 28.5% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Oak Grove costs
$1,000 per month, which is 5.3% more than the national average of
$950 and 16.0% cheaper than the state average of
$1,160.
Can I afford Oak Grove?
To live comfortably in Oak Grove (zip 64075), Missouri, a minimum annual income of
$52,200 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in 64075 Oak Grove, MO is quite reasonable compared to other areas. The median home value in this area is approximately $119,200, which is well below the national average at $231,200. Renting an apartment can range from a low of $610 for a one-bedroom to around $1,000 for a three bedroom unit. Property taxes are slightly higher than some surrounding cities with an average rate of 1.14%. Groceries and utilities are also low with the cost of groceries being 5% lower and utilities 9% lower than the national average. Overall, the cost of living in 64075 Oak Grove, MO makes it an attractive place to live for those looking for affordability without sacrificing quality of life.