Cost of Living in Oxford, NC
Housing
The housing market plays a significant role in determining the cost of living in Oxford, NC.
- Housing Index: Data is updating
- Median Home Price is: $210,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering a move to Oxford, NC? With a median home price of 210000, the housing market could appeal to budget-conscious buyers. However, the zero housing index and applicable rents for both 2-bedroom apartments and houses—also reported at zero—indicate a potential lack of rental options or listings. It’s crucial to further investigate the local market conditions and job opportunities, as well as community amenities. Keep in mind that this low home price may signal growth potential, hence this could be an eye-catching option for investors and first-time homebuyers alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oxford, NC.
- Electricity Price: $13.72 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Oxford, NC could entail higher utility costs. Electricity costs sit at $13.72, 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.