Housing costs in Oak Ridge?
A typical home costs
$81,400, which is 75.9% less expensive than the national average of
$338,100 and 66.5% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Oak Ridge costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 44.0% cheaper than the state average of
$1,210.
Can I afford Oak Ridge?
To live comfortably in Oak Ridge (zip 16245), Pennsylvania, a minimum annual income of
$15,480 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Oak Ridge?
The cost of living in 16245 Oak Ridge, PA is relatively high compared to the national average. According to BestPlaces, the overall cost of living index for the area is rated at 110.4, which is 10.4% higher than the US average of 100. In addition, housing costs are especially high with an index rating of 123.4—23.4% above average. The median home price in Oak Ridge is $269,000 and rent prices range from about $800 for a one-bedroom apartment to nearly $1300 for a three-bedroom dwelling per month. Although these prices may be higher than some other areas in the country, many people find that the quality of life offered by Oak Ridge makes it worth it.