Cost of Living in Oak Run, CA

With a cost of living index of 81, Oak Run, CA is a very affordable place to live. Living here is 19% cheaper than the national average and 63% below the California state average of 144. Oak Run is a small community of 534 residents.

Housing costs are the biggest factor in Oak Run's cost of living. The median monthly rent is $578 (56% below the US median of $1,319), and the median home value sits at $333,800 (9% above the national median of $304,900). At current prices, the median home costs roughly 13.8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Oak Run is $24,160, which is 68% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Oak Run. The area sees an average annual temperature of 63.4°F, with summers averaging 81°F and winters around 48°F. Annual rainfall totals 33.5 inches spread over roughly 81 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Redding, CA (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.