Cost of Living in Oxford, IN
Housing
The housing market plays a significant role in determining the cost of living in Oxford, IN.
- Housing Index: Data is updating
- Median Home Price is: $137,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Based on the data for Oxford, IN, the housing index is currently at a 0.0, indicating a possibly stagnant market. The median home price is relatively low at 137000 which may suggest an opportunity for first-time buyers, particularly those seeking affordability. However, with both the average rent for a 2BR apartment and a 2BR house also at 0.0, this could indicate either a lack of rental inventory or challenges in the rental sector. Additional factors to consider include the local economy and amenities, which also significantly influence the housing market landscape.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oxford, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Oxford, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable 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 Oxford is a financially viable option for your relocation.