Cost of Living in Oak, NE
Population: 57 | Nebraska
Oak is 27% less expensive than the national average.
Cost of Living in Oak, NE: What You Need to Know
With a cost of living index of 73, Oak, NE is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and in line with the Nebraska state average. Oak is a small community of 57 residents.
The median household income in Oak is $43,125, which is 43% lower than the national median of $75,149. 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. The area sees an average annual temperature of 51.9°F, with summers averaging 75°F and winters around 29°F. Annual rainfall totals 26.4 inches spread over roughly 91 days. Cold winters mean higher heating bills, an important cost-of-living consideration.
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.
Income
- Median Household Income
- $43,125
- vs US Median ($75,149)
- -43%
Housing
- Median Home Value
- $15,600
- Median Monthly Housing Cost
- $395/mo
Climate in Oak
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 36 | 41 | 53 | 63 | 73 | 84 | 88 | 85 | 79 | 65 | 51 | 39 |
| Avg °F | 26 | 30 | 41 | 51 | 62 | 73 | 77 | 75 | 66 | 53 | 40 | 29 |
| Low °F | 16 | 19 | 29 | 39 | 51 | 62 | 66 | 64 | 54 | 41 | 28 | 19 |
| Rain" | 0.6 | 0.8 | 1.3 | 2.7 | 4.4 | 3.7 | 3.6 | 3.4 | 2.1 | 2.0 | 1.1 | 0.9 |