Cost of Living in Oak ridge, LA
Housing
The housing market plays a significant role in determining the cost of living in Oak ridge, LA.
- Housing Index: 96.3 / 100
- Median Home Price is: $120,000
- Average Rent (2 BR Apartment): $1358 per month
- Average Rent (2 BR House): $1476 per month
Considering a move to Oak ridge, LA? The housing landscape is quite intriguing. With a median home price of 120000, this area presents an affordable entry point for homebuyers. However, the housing index of 96.3 indicates there might be accessibility or availability challenges. It's important to note that average rents for both 2-bedroom apartments and houses are currently undefined in the data. This could imply limited rental availability, which can influence your decision regarding long-term housing solutions. Research local amenities, job markets, and future development plans to get a complete picture before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oak ridge, LA.
- Electricity Price: $11.42 USD (median by state)
- Natural Gas Price: $19.48 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Oak ridge, LA could entail higher utility costs. Electricity costs sit at $11.42, while natural gas is priced at $19.48 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 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 Oak ridge is a financially viable option for your relocation.