Housing costs in Oakfield?
A typical home costs
$183,200, which is 45.8% less expensive than the national average of
$338,100 and 34.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Oakfield costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 12.3% more than the state average of
$1,070.
Can I afford Oakfield?
To live comfortably in Oakfield (zip 38362), Tennessee, a minimum annual income of
$35,280 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Oakfield?
The cost of living in 38362 Oakfield, TN is quite reasonable. The median home price in the area is around $138,500, which is lower than the national average. Renters can expect to pay around $600-$700 a month for a two bedroom apartment or home. Additionally, groceries and other necessary goods are generally affordable when compared to much larger cities or towns in Tennessee and other nearby states. Overall, this small town provides an excellent balance between cost of living and quality of life.