Cost of Living in Oakville, IA
Housing
The housing market plays a significant role in determining the cost of living in Oakville, IA.
- Housing Index: Data is updating
- Median Home Price is: $115,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data provided, Oakville, IA offers an attractive opportunity for homebuyers with a median home price of just 115000. However, it's important to note that with a housing index of 0.0, it may indicate an underdeveloped market or potential volatility. Rent prices for a 2-bedroom apartment and house are currently undetermined, which suggests either severe inventory issues or a lack of recent transactions. Considering these factors, potential residents should remain cautious and further investigate rental options in the area before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oakville, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Oakville, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Oakville is a financially viable option for your relocation.