Cost of living in Oakdale 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 Oakdale is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Louisiana, 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 Oakdale is 84, with 100 being the average.
The cost of living index in Oakdale is 0.8x lower than the national average.
Oakdale ranks as the #9 cheapest in Louisiana out of 106.
Oakdale ranks as the #406 cheapest out of 6,489 in the US.
The median home value in Oakdale is $98,466.
The median income in Oakdale is $45,038.
According to the most recent data on the cost of living, Oakdale has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Louisiana, Oakdale has a cost of living index that's 0.9x lower than Louisiana's index of 90.
The standard of living in Oakdale ranks as #9 most affordable out of the 106 places we measured in Louisiana. By definition, that implies Oakdale ranks as the #97 most expensive place in the Pelican State.
For more reading on life in Oakdale, check out:
Six factors go into calculating the cost of living index in Oakdale. Here is how it fairs on each of the criteria:
The Services index in Oakdale is 95.
The Groceries index in Oakdale is 96.
The Health index in Oakdale is 86.
The Housing index in Oakdale is 57.
The Transportation index in Oakdale is 99.
The Utilities index in Oakdale is 99.
| Living Expense | Oakdale | Louisiana | National Average | |
|---|---|---|---|---|
| Overall | 84 | 90 | 100 | |
| Services | 95 | 94 | 100 | |
| Groceries | 96 | 93 | 100 | |
| Health | 86 | 100 | 100 | |
| Housing | 57 | 80 | 100 | |
| Transportation | 99 | 94 | 100 | |
| Utilities | 99 | 83 | 100 | |
Housing swings affordability the most between places in Louisiana, 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 Oakdale is $98,466.
The Median Rent in Oakdale is $766.
The Median Income in Oakdale is $45,038.
The Home Value To Income in Oakdale is 2.2x.
The Rent To Monthly Income in Oakdale is 0.2x.
The cost of living varies in the cities and towns around Oakdale. Here's a quick look at the cost of living in the most populous nearby places:
Alexandria, LA has a cost of living index of 92, 1.1x Oakdale.
Opelousas, LA has a cost of living index of 87, 1.0x Oakdale.
Pineville, LA has a cost of living index of 91, 1.1x Oakdale.
| City | Population | Cost Of Living | Vs. Oakdale |
|---|---|---|---|
| Alexandria, LA | 44,566 | 92 | 1.1x |
| Opelousas, LA | 15,662 | 87 | 1.0x |
| Pineville, LA | 14,268 | 91 | 1.1x |
| Crowley, LA | 11,554 | 89 | 1.1x |
| DeRidder, LA | 9,812 | 90 | 1.1x |
| Jennings, LA | 9,679 | 84 | 1.0x |
| Eunice, LA | 9,261 | 82 | 1.0x |
| Fort Polk South, LA | 8,056 | 100 | 1.2x |
| Ville Platte, LA | 6,299 | 79 | 0.9x |
| Leesville, LA | 5,610 | 84 | 1.0x |