Cost of Living in Oakland, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
194.7
100 = national avg
+94.7 vs national average
Living Wage (1 Adult)
$85,648
per year
Living Wage (Family of 4)
$202,440
per year
Cost Index by Category
Housing242.6
Food159.2
Transportation146.3
Healthcare147.4
Utilities164.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,731
per month
2 Bedroom
$1,972
per month
The overall cost of living index in Oakland is 194.7, which is 94.7% above the national average. Housing costs are above the national average at an index of 242.6. A single adult needs to earn approximately $85,648 per year to cover basic expenses.