Cost of living in Opa-locka 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 Opa-locka 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 Opa-locka is 102, with 100 being the average.
The cost of living index in Opa-locka is 1.0x higher than the national average.
Opa-locka ranks as the #168 cheapest in Florida out of 459.
Opa-locka ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Opa-locka is $466,724.
The median income in Opa-locka is $31,680.
According to the most recent data on the cost of living, Opa-locka has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Florida, Opa-locka has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Opa-locka ranks as #168 most affordable out of the 459 places we measured in Florida. By definition, that implies Opa-locka ranks as the #291 most expensive place in the Sunshine State.
For more reading on life in Opa-locka, check out:
Six factors go into calculating the cost of living index in Opa-locka. Here is how it fairs on each of the criteria:
The Services index in Opa-locka is 104.
The Groceries index in Opa-locka is 105.
The Health index in Opa-locka is 97.
The Housing index in Opa-locka is 94.
The Transportation index in Opa-locka is 102.
The Utilities index in Opa-locka is 103.
| Living Expense | Opa-locka | Florida | National Average | |
|---|---|---|---|---|
| Overall | 102 | 97 | 100 | |
| Services | 104 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 94 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 103 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Opa-locka is $466,724.
The Median Rent in Opa-locka is $1,225.
The Median Income in Opa-locka is $31,680.
The Home Value To Income in Opa-locka is 14.7x.
The Rent To Monthly Income in Opa-locka is 0.46x.
The cost of living varies in the cities and towns around Opa-locka. Here's a quick look at the cost of living in the most populous nearby places:
Hialeah, FL has a cost of living index of 115, 1.1x Opa-locka.
Pembroke Pines, FL has a cost of living index of 122, 1.2x Opa-locka.
Miami Gardens, FL has a cost of living index of 111, 1.1x Opa-locka.
| City | Population | Cost Of Living | Vs. Opa-locka |
|---|---|---|---|
| Hialeah, FL | 221,901 | 115 | 1.1x |
| Pembroke Pines, FL | 170,557 | 122 | 1.2x |
| Miami Gardens, FL | 111,264 | 111 | 1.1x |
| Weston, FL | 67,952 | 152 | 1.5x |
| Kendale Lakes, FL | 52,141 | 118 | 1.2x |
| Tamiami, FL | 51,201 | 124 | 1.2x |
| Country Club, FL | 51,000 | 115 | 1.1x |
| Coral Gables, FL | 49,243 | 188 | 1.8x |
| Golden Glades, FL | 35,042 | 115 | 1.1x |
| West Little River, FL | 33,147 | 105 | 1.0x |