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Cost of Living in Oxford County

Is it better to rent or buy in Oxford County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$62,520
$921/mo

Median in area: $921

$216,557

Median in area: $216,557

$43,311

If you Rent

🔑
$1,095 /mo
Base Rent$921
Est. Utilities$174
% of Income21.0%
Pre-tax Residual$4,115

If you Buy

🏠
$1,582 /mo
P&I (7.022%)$1,155
Taxes & Ins$253
Est. Utilities$174
% of Income30.4%
Pre-tax Residual$3,628

Compare Nearby Areas

See how Oxford County stacks up against neighboring areas.

countyCarroll County, NH
$1,333/mo
countyAndroscoggin County, ME
$1,025/mo
countyCumberland County, ME
$1,675/mo
countyCoos County, NH
$897/mo
countyFranklin County, ME
$806/mo

Cost of Living FAQs

Is it cheaper to rent or buy in Oxford County?›

Based on median housing data, renting is currently more affordable on a monthly basis in Oxford County. The estimated all-in monthly cost for renting is $1,095, while owning a median-priced home with a 20% down payment is roughly $1,582 per month (a difference of $487).

How much do utilities cost in Oxford County?›

The average monthly utility cost (electricity and natural gas) for a typical home in Oxford County is approximately $174. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Oxford County?›

To comfortably afford the median rent and utilities in Oxford County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $43,800 per year.