Willow Oak, FL Cost Of Living
Cost Of Living In Willow Oak, FL Summary
Cost of living in Willow Oak 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 Willow Oak 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 Willow Oak is 89, with 100 being the average.
The cost of living index in Willow Oak is 0.9x lower than the national average.
Willow Oak ranks as the #72 cheapest in Florida out of 459.
Willow Oak ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Willow Oak is $119,800.
The median income in Willow Oak is $43,391.
Table Of Contents
Willow Oak's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Willow Oak, FL?
According to the most recent data on the cost of living, Willow Oak has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Florida, Willow Oak has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Willow Oak ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Willow Oak ranks as the #387 most expensive place in the Sunshine State.
For more reading on life in Willow Oak, check out:
- Living In Willow Oak
- Search Homes For Sale In Willow Oak, FL
In Florida
In America
Willow Oak Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Willow Oak. Here is how it fairs on each of the criteria:
The Services index in Willow Oak is 98.
The Groceries index in Willow Oak is 105.
The Health index in Willow Oak is 99.
The Housing index in Willow Oak is 63.
The Transportation index in Willow Oak is 102.
The Utilities index in Willow Oak is 99.
| Living Expense | Willow Oak | Florida | National Average | |
|---|---|---|---|---|
| Overall | 89 | 101 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 99 | 96 | 100 | |
| Housing | 63 | 108 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 99 | 100 | 100 | |
Willow Oak, 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 Willow Oak is $119,800.
The Median Rent in Willow Oak is $905.
The Median Income in Willow Oak is $43,391.
The Home Value To Income in Willow Oak is 2.8x.
The Rent To Monthly Income in Willow Oak is 0.25x.
| Statistic | Willow Oak | Florida | United States |
|---|---|---|---|
| Median Home Value | $119,800 | $248,700 | $244,900 |
| Median Rent | $905 | $1,301 | $1,163 |
| Median Income | $43,391 | $61,777 | $69,021 |
| Home Value To Income | 2.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Willow Oak, FL Costs By Category
Detailed Willow Oak Services Costs Vs. Florida
| Item | Willow Oak | Florida |
|---|---|---|
| Shampoo | $1.04 | $1.06 |
| Movie | $12.72 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $15.08 | $18.62 |
| Beauty Salon | $37.26 | $39.05 |
Detailed Willow Oak Groceries Costs Vs. Florida
| Item | Willow Oak | Florida |
|---|---|---|
| Ground Beef | $5.29 | $4.22 |
| Fried Chicken | $1.74 | $1.39 |
| Milk | $2.66 | $2.05 |
| Potatoes | $3.51 | $3.29 |
| Pizza | $10.25 | $10.62 |
| Beer | $10.69 | $9.38 |
| Toothpaste | $2.82 | $2.34 |
Detailed Willow Oak Health Costs Vs. Florida
| Item | Willow Oak | Florida |
|---|---|---|
| Optometrist | $99.12 | $108.57 |
| Doctor | $99.22 | $116.17 |
| Dentist | $105.57 | $99.13 |
Detailed Willow Oak Transportation Costs Vs. Florida
| Item | Willow Oak | Florida |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $55.26 | $50.07 |
Detailed Willow Oak Utilities Costs Vs. Florida
| Item | Willow Oak | Florida |
|---|---|---|
| All Electricity | $165.98 | $167.67 |
| Phone | $189.52 | $175.64 |
Willow Oak SnackAbility
/10
Cost Of Living In Cities Around Willow Oak
The cost of living varies in the cities and towns around Willow Oak. Here's a quick look at the cost of living in the most populous nearby places:
Brandon, FL has a cost of living index of 99, 1.1x Willow Oak.
Lakeland, FL has a cost of living index of 90, 1.0x Willow Oak.
Riverview, FL has a cost of living index of 101, 1.1x Willow Oak.
| City | Population | Cost Of Living | Vs. Willow Oak |
|---|---|---|---|
| Brandon, FL | 115,330 | 99 | 1.1x |
| Lakeland, FL | 110,401 | 90 | 1.0x |
| Riverview, FL | 98,928 | 101 | 1.1x |
| Valrico, FL | 39,632 | 106 | 1.2x |
| Bloomingdale, FL | 25,042 | 105 | 1.2x |
| Fish Hawk, FL | 24,463 | 122 | 1.4x |
| Bartow, FL | 18,880 | 90 | 1.0x |
| Auburndale, FL | 15,704 | 90 | 1.0x |
| Medulla, FL | 11,493 | 93 | 1.0x |
| Lakeland Highlands, FL | 11,326 | 105 | 1.2x |
