Housing costs in Oak Island?
A typical home costs
$525,700, which is 55.5% more expensive than the national average of
$338,100 and 81.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Oak Island costs
$1,110 per month, which is 0.0% cheaper than the national average of
$1,110 and close to the state average of
$1,090.
Can I afford Oak Island?
To live comfortably in Oak Island (zip 28465), North Carolina, a minimum annual income of
$100,800 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Oak Island?
The cost of living in 28465 Oak Island, NC is relatively moderate compared to other parts of the country. According to Bestplaces.net, the cost of living index in this particular area is 97.4, which is just slightly below the national average of 100. Housing costs tend to be quite affordable, with many homes available for rent at around $1,000 a month and some properties going for even less. Groceries and utilities are also priced reasonably in this area, making it ideal for those looking to stretch their budget. In addition to these low prices, there are numerous restaurants and recreational activities located nearby that make 28465 Oak Island an attractive place to live.