Oldsmar, FL Cost of Living


2 Reviews



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Oldsmar cost of living score
102.8
More expensive
2.8% higher
than the US average
0.3% lower
than the Florida average
Oldsmar, Florida gets a BestPlaces Cost of Living score of 102.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.8% higher than the U.S. average and 0.3% higher than the average for Florida.

Oldsmar, FL

Housing costs in Oldsmar?
A typical home costs $395,400, which is 16.9% more expensive than the national average of $338,100 and 9.1% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Oldsmar costs $1,780 per month, which is 24.5% more than the national average of $1,430 and 12.4% more than the state average of $1,560.

Can I afford Oldsmar?
To live comfortably in Oldsmar, Florida, a minimum annual income of $75,600 for a family, and $59,200 for a single person is recommended.

What does A.I. say about Oldsmar?
The cost of living in Oldsmar, FL is quite reasonable compared to many other places in Florida. The median home price in Oldsmar is $318,000 which is below the state average and less than half of what you would pay for a similar property in Miami. The median annual household income is also slightly below Florida's median, making it an affordable place to live for families or individuals looking for a place near Tampa. Utilities are also relatively inexpensive as the city has its own electric system that provides lower rates than most of the surrounding cities. Additionally, the sales tax rate of 7% is lower compared to other cities across the state. In summary, Oldsmar offers an excellent quality of life for those looking to be close to Tampa without paying exorbitant costs associated with bigger cities.
   Cost of living score
     CategoriesOldsmarFloridaUnited States
  102.8103.1100.0
  105.1102.8100
  103.7102.3100.0
  105.7101.1100.0
  $395,400$362,400$338,100
  102.3%101.3%100.0%
  104.0112.6100.0
  107.387.6100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Oldsmar
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Over 7 years ago

I moved from pa 2 years ago. I picked Oldsmar off map because I wanted to be close to beach and get to Tampa for my job. What a pick... if I turn to right I can be at  More

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Over 16 years ago

Has exploded over the last 4 years. Beautiful parks. Abundant shopping. Close to airports and the beaches. I highly reccomend  More

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