Oakland Park, FL Cost Of Living
Cost Of Living In Oakland Park, FL Summary
Cost of living in Oakland Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oakland Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oakland Park is 104, with 100 being the average.
The cost of living index in Oakland Park is 1.0x higher than the national average.
Oakland Park ranks as the #306 cheapest in Florida out of 459.
Oakland Park ranks as the #3,585 cheapest out of 6,412 in the US.
The median home value in Oakland Park is $267,400.
The median income in Oakland Park is $55,700.
Table Of Contents
Oakland Park's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oakland Park, FL?
According to the most recent data on the cost of living, Oakland Park has an overall cost of living index of 104, which is 1.0x higher than the national index of 100.
Compared to Florida, Oakland Park has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Oakland Park ranks as #306 most affordable out of the 459 places we measured in Florida. By definition, that implies Oakland Park ranks as the #153 most expensive place in the Sunshine State.
For more reading on life in Oakland Park, check out:
- Living In Oakland Park
- Oakland Park Crime Report
- Search Homes For Sale In Oakland Park, FL
In Florida
In America
Oakland Park Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Oakland Park. Here is how it fairs on each of the criteria:
The Services index in Oakland Park is 101.
The Groceries index in Oakland Park is 118.
The Health index in Oakland Park is 102.
The Housing index in Oakland Park is 95.
The Transportation index in Oakland Park is 109.
The Utilities index in Oakland Park is 101.
| Living Expense | Oakland Park | Florida | National Average | |
|---|---|---|---|---|
| Overall | 104 | 101 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 118 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 95 | 108 | 100 | |
| Transportation | 109 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Oakland Park, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Oakland Park is $267,400.
The Median Rent in Oakland Park is $1,375.
The Median Income in Oakland Park is $55,700.
The Home Value To Income in Oakland Park is 4.8x.
The Rent To Monthly Income in Oakland Park is 0.3x.
| Statistic | Oakland Park | Florida | United States |
|---|---|---|---|
| Median Home Value | $267,400 | $248,700 | $244,900 |
| Median Rent | $1,375 | $1,301 | $1,163 |
| Median Income | $55,700 | $61,777 | $69,021 |
| Home Value To Income | 4.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.3x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Oakland Park, FL Costs By Category
Detailed Oakland Park Services Costs Vs. Florida
| Item | Oakland Park | Florida |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $11.82 | $10.68 |
| Bowling | $20.88 | $14.67 |
| Haircut | $14.47 | $18.62 |
| Beauty Salon | $65.03 | $39.05 |
Detailed Oakland Park Groceries Costs Vs. Florida
| Item | Oakland Park | Florida |
|---|---|---|
| Ground Beef | $4.66 | $4.22 |
| Fried Chicken | $1.62 | $1.39 |
| Milk | $2.96 | $2.05 |
| Potatoes | $4.99 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $10.84 | $9.38 |
| Toothpaste | $2.04 | $2.34 |
Detailed Oakland Park Health Costs Vs. Florida
| Item | Oakland Park | Florida |
|---|---|---|
| Optometrist | $135.56 | $108.57 |
| Doctor | $102.25 | $116.17 |
| Dentist | $106.04 | $99.13 |
Detailed Oakland Park Transportation Costs Vs. Florida
| Item | Oakland Park | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $63.76 | $50.07 |
Detailed Oakland Park Utilities Costs Vs. Florida
| Item | Oakland Park | Florida |
|---|---|---|
| All Electricity | $162.2 | $167.67 |
| Phone | $188.17 | $175.64 |
Oakland Park SnackAbility
/10
Cost Of Living In Cities Around Oakland Park
The cost of living varies in the cities and towns around Oakland Park. Here's a quick look at the cost of living in the most populous nearby places:
Fort Lauderdale, FL has a cost of living index of 113, 1.1x Oakland Park.
Pembroke Pines, FL has a cost of living index of 113, 1.1x Oakland Park.
Coral Springs, FL has a cost of living index of 121, 1.2x Oakland Park.
| City | Population | Cost Of Living | Vs. Oakland Park |
|---|---|---|---|
| Fort Lauderdale, FL | 182,247 | 113 | 1.1x |
| Pembroke Pines, FL | 170,346 | 113 | 1.1x |
| Coral Springs, FL | 133,693 | 121 | 1.2x |
| Davie, FL | 104,782 | 111 | 1.1x |
| Boca Raton, FL | 95,347 | 128 | 1.2x |
| Weston, FL | 68,148 | 137 | 1.3x |
| Coconut Creek, FL | 57,553 | 103 | 1.0x |
| North Lauderdale, FL | 44,579 | 96 | 0.9x |
| Lauderdale Lakes, FL | 35,898 | 94 | 0.9x |
| Parkland, FL | 33,772 | 154 | 1.5x |
