Housing costs in Oacoma?
A typical home costs
$289,700, which is 14.3% less expensive than the national average of
$338,100 and 8.1% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Oacoma costs
$1,030 per month, which is 28.0% cheaper than the national average of
$1,430 and 11.7% more than the state average of
$910.
Can I afford Oacoma?
To live comfortably in Oacoma (zip 57365), South Dakota, a minimum annual income of
$55,440 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Oacoma?
The cost of living in 57365 Oacoma, SD is relatively low compared to the national average. This is largely due to the fact that the economy is still recovering from the recession and so housing prices remain much lower than in other parts of the country. The median home value in Oacoma is just under $100,000, which is less than half of the national median. Additionally, transportation costs are very affordable due to an abundance of nearby public transit options and inexpensive gas prices. Grocery costs are also relatively low compared to other places in the US, as well as health care costs for those without insurance. All in all, living in Oacoma can be very economical for those on a budget or who are looking for a more affordable place to live.