Cost of Living in Oberlin, LA
Housing
The housing market plays a significant role in determining the cost of living in Oberlin, LA.
- Housing Index: 96.3 / 100
- Median Home Price is: $130,000
- Average Rent (2 BR Apartment): $1358 per month
- Average Rent (2 BR House): $1476 per month
Evaluating the housing options in Oberlin, LA, it’s evident that the 96.3 is currently very low, with a median home price of 130000. However, with both average rents for a 2-bedroom apartment and house listed at 1358 and 1476, respectively, you might need to consider other living cost factors. It's advantageous to buy rather than rent due to the affordability of homes. Just keep in mind that housing demand can rise, influencing prices in the future.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oberlin, 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 Oberlin, 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 Oberlin is a financially viable option for your relocation.