Housing costs in Oberlin?
A typical home costs
$218,300, which is 35.4% less expensive than the national average of
$338,100 and 10.8% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Oberlin costs
$1,040 per month, which is 6.1% more than the national average of
$980 and 3.8% more than the state average of
$1,000.
Can I afford Oberlin?
To live comfortably in Oberlin (zip 44074), Ohio, a minimum annual income of
$41,760 for a family, and
$34,000 for a single person is recommended.
What does A.I. say about Oberlin?
Oberlin, OH is an affordable place to live, with a cost of living index below the national average. The cost of housing in Oberlin is slightly lower than the rest of the United States on average, while groceries, transportation, and healthcare costs are all notably more affordable than other areas. The median home value is $156,400 and the median household income is around $41,000 per year. Overall, the cost of living in 44074 Oberlin is quite reasonable compared to other communities nearby.