Housing costs in Oakland?
A typical home costs
$332,500, which is 1.7% less expensive than the national average of
$338,100 and 19.9% more expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Oakland costs
$1,470 per month, which is 37.4% more than the national average of
$1,070 and 30.6% more than the state average of
$1,020.
Can I afford Oakland?
To live comfortably in Oakland (zip 38060), Tennessee, a minimum annual income of
$63,720 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Oakland?
The cost of living in 38060 Oakland, TN is relatively affordable compared to other parts of the country. According to Sperling's Best Places, the cost of living is 10 points below the national average, making it a great place to live for those looking to save money. The median home price is $152,200 which is significantly lower than the national average and there are plenty of apartments and condos available for rent that are more reasonable than other areas. Groceries and healthcare costs are also slightly lower than the national average making it an attractive option for those on a budget.