Three Oaks, FL Cost Of Living
Cost Of Living In Three Oaks, FL Summary
Cost of living in Three Oaks 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 Three Oaks 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 Three Oaks is 123, with 100 being the average.
The cost of living index in Three Oaks is 1.2x higher than the national average.
Three Oaks ranks as the #372 cheapest in Florida out of 459.
Three Oaks ranks as the #4,598 cheapest out of 6,489 in the US.
The median home value in Three Oaks is $488,793.
The median income in Three Oaks is $102,392.
Table Of Contents
Three Oaks's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Three Oaks, FL?
According to the most recent data on the cost of living, Three Oaks has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Florida, Three Oaks has a cost of living index that's 1.3x higher than Florida's index of 97.
The standard of living in Three Oaks ranks as #372 most affordable out of the 459 places we measured in Florida. By definition, that implies Three Oaks ranks as the #87 most expensive place in the Sunshine State.
For more reading on life in Three Oaks, check out:
In Florida
In America
Three Oaks Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Three Oaks. Here is how it fairs on each of the criteria:
The Services index in Three Oaks is 106.
The Groceries index in Three Oaks is 99.
The Health index in Three Oaks is 109.
The Housing index in Three Oaks is 166.
The Transportation index in Three Oaks is 108.
The Utilities index in Three Oaks is 96.
| Living Expense | Three Oaks | Florida | National Average | |
|---|---|---|---|---|
| Overall | 123 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 109 | 98 | 100 | |
| Housing | 166 | 96 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 96 | 95 | 100 | |
Three Oaks, 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 2019-2023. The key points are:
The Median Home Value in Three Oaks is $488,793.
The Median Rent in Three Oaks is $1,851.
The Median Income in Three Oaks is $102,392.
The Home Value To Income in Three Oaks is 4.8x.
The Rent To Monthly Income in Three Oaks is 0.22x.
| Statistic | Three Oaks | Florida | United States |
|---|---|---|---|
| Median Home Value | $488,793 | $377,066 | $303,400 |
| Median Rent | $1,851 | $1,564 | $1,348 |
| Median Income | $102,392 | $71,711 | $78,538 |
| Home Value To Income | 4.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Three Oaks, FL Costs By Category
Detailed Three Oaks Services Costs Vs. Florida
| Item | Three Oaks | Florida |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $13.05 | $12.13 |
| Bowling | $21.2 | $18 |
| Haircut | $28.2 | $24.26 |
| Beauty Salon | $54.05 | $45.56 |
Detailed Three Oaks Groceries Costs Vs. Florida
| Item | Three Oaks | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.72 | $12.09 |
| Beer | $11.06 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Three Oaks Health Costs Vs. Florida
| Item | Three Oaks | Florida |
|---|---|---|
| Optometrist | $101.67 | $125.68 |
| Doctor | $153.94 | $135.78 |
| Dentist | $122.09 | $113.29 |
Detailed Three Oaks Transportation Costs Vs. Florida
| Item | Three Oaks | Florida |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $74.92 | $59.92 |
Detailed Three Oaks Utilities Costs Vs. Florida
| Item | Three Oaks | Florida |
|---|---|---|
| All Electricity | $179.36 | $193.99 |
| Phone | $194.07 | $192.25 |
Three Oaks SnackAbility
/10
Cost Of Living In Cities Around Three Oaks
The cost of living varies in the cities and towns around Three Oaks. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 113, 0.9x Three Oaks.
Lehigh Acres, FL has a cost of living index of 102, 0.8x Three Oaks.
Fort Myers, FL has a cost of living index of 111, 0.9x Three Oaks.
| City | Population | Cost Of Living | Vs. Three Oaks |
|---|---|---|---|
| Cape Coral, FL | 206,387 | 113 | 0.9x |
| Lehigh Acres, FL | 127,391 | 102 | 0.8x |
| Fort Myers, FL | 91,730 | 111 | 0.9x |
| Bonita Springs, FL | 54,830 | 120 | 1.0x |
| North Fort Myers, FL | 44,189 | 94 | 0.8x |
| San Carlos Park, FL | 18,252 | 110 | 0.9x |
| Iona, FL | 14,290 | 111 | 0.9x |
| Villas, FL | 13,578 | 106 | 0.9x |
| Cypress Lake, FL | 13,145 | 104 | 0.8x |
| Gateway, FL | 9,603 | 117 | 1.0x |
