Housing costs in Oak Grove?
A typical home costs
$513,700, which is 51.9% more expensive than the national average of
$338,100 and 9.7% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Oak Grove costs
$1,710 per month, which is 12.5% more than the national average of
$1,520 and 7.6% cheaper than the state average of
$1,840.
Can I afford Oak Grove?
To live comfortably in Oak Grove (zip 97267), Oregon, a minimum annual income of
$98,280 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Oak Grove?
The cost of living in 97267 Oak Grove, OR is relatively affordable compared to other parts of the nation. The median value of homes in the area is around $239,000, which is lower than the national average. Prices for groceries and health care are slightly higher than national averages, but still reasonable. The local economy is mostly driven by small businesses and services, with a few larger companies providing jobs as well. Overall, living in Oak Grove offers a comfortable lifestyle at an affordable price.