Housing costs in Oakland?
A typical home costs
$500,100, which is 47.9% more expensive than the national average of
$338,100 and 38.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Oakland costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and 4.9% more than the state average of
$1,560.
Can I afford Oakland?
To live comfortably in Oakland, Florida, a minimum annual income of
$95,760 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Oakland?
The cost of living in Oakland, FL is relatively affordable compared to many other cities in the state. The median monthly rental costs for a one bedroom apartment are around $1,100, and the median home value is just over $170,000. The overall cost of living index is below the national average at 95.4%. Groceries, healthcare and utilities are all slightly below the national average as well. Oakland offers an array of options for dining out or shopping that won’t break your budget. There's no income tax and relatively low sales taxes which can help reduce some of the expenses associated with living in Oakland, FL.