Housing costs in Red Oak?
A typical home costs
$108,400, which is 67.9% less expensive than the national average of
$338,100 and 37.9% less expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Red Oak costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 27.4% cheaper than the state average of
$930.
Can I afford Red Oak?
To live comfortably in Red Oak (zip 74563), Oklahoma, a minimum annual income of
$20,880 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Red Oak?
The cost of living in 74563 Red Oak, OK is relatively low compared to other areas in the US. The median home value is $133,300 which is much lower than the national average of $231,200. Additionally, the median household income in Red Oak is around $48,456 which is slightly lower than the United States median of $61,937. Due to this lower cost of living, many people choose to live in Red Oak and enjoy the peaceful atmosphere and rural setting that this part of Oklahoma has to offer.