Oakland, TN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
96
Oakland's Overall Cost Of Living
1.0x
Lower Than The National Average
84 out of 105
In Tennessee
2,601 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Oakland is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Oakland, TN?

According to the most recent data on the cost of living, Oakland has an overall cost of living index of 96 which is 1.0x lower than the national index of 100.

Compared to only Tennessee, Oakland has a cost of living index that's 1.1x higher than Tennessee's index of 89.

The standard of living in Oakland ranks as #2,601 most affordable out of the 6,418 places we measured in Tennessee. By definition, that implies Oakland ranks as the #3,818 most expensive place in the Volunteer State.

For more reading on life in Oakland, check out:

Oakland Cost Of Living Vs. Tennessee

Living Expense Oakland Tennessee National Average
Overall 96 89 100
Services 92 94 100
Groceries 90 91 100
Health 80 91 100
Housing 110 81 100
Transportation 88 86 100
Utilities 91 92 100
For more reading on cost of living around Tennessee, check out:
Oakland Cost of Living Vs. TN

Oakland, TN Housing Cost Breakdown

Housing swings affordability the most between places in Tennessee, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$186,600
Median Home Value
$1,575
Median Rent
$77,439
Median Income
Statistic Oakland Tennessee United States
Median Home Value $186,600 $177,600 $229,800
Median Rent $1,575 $897 $1,096
Median Income $77,439 $54,833 $64,994
Home Value To Income 2.4x 3.2x 3.5x
Rent To Monthly Income 0.24x 0.2x 0.2x

Detailed Oakland Services Costs Vs. Tennessee

Item Oakland Tennessee
Shampoo $0.91 $1.06
Movie $11.5 $10.68
Bowling $16.47 $14.67

Detailed Oakland Groceries Costs Vs. Tennessee

Item Oakland Tennessee
Ground Beef $3.42 $4.22
Fried Chicken $0.98 $1.39
Milk $1.79 $2.05

Detailed Oakland Health Costs Vs. Tennessee

Item Oakland Tennessee
Haircut $15.07 $18.62
Beauty Salon $36.63 $39.05
Toothpaste $1.65 $2.34

Detailed Oakland Transportation Costs Vs. Tennessee

Item Oakland Tennessee
Potatoes $3.62 $3.29
Pizza $10.37 $10.62
Beer $9.22 $9.38
Optometrist $74.47 $108.57
Doctor $84.25 $116.17
Dentist $77.68 $99.13

Detailed Oakland Utilities Costs Vs. Tennessee

Item Oakland Tennessee
Gasoline $1.94 $2.22
Tire Balancing $40.73 $50.07
All Electricity $133.97 $167.67
Phone $184.96 $175.64

Oakland SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
7
Diversity
8
Safety
8.5
Amenities
7
Education
8
Commute
3

Cost Of Living In Cities Around Oakland

City Population Cost Of Living Vs. Oakland
Bartlett, TN 59,252 93 1.0x
Collierville, TN 50,596 107 1.1x
Germantown, TN 39,196 108 1.1x
Lakeland, TN 12,644 103 1.1x
Arlington, TN 11,715 103 1.1x
Atoka, TN 9,407 95 1.0x

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