Cost of Living in Oakland City, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
80.0
100 = national avg
-20.0 vs national average
Living Wage (1 Adult)
$35,218
per year
Living Wage (Family of 4)
$83,244
per year
Cost Index by Category
Housing76.7
Food87.3
Transportation74.5
Healthcare89.8
Utilities87.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$771
per month
2 Bedroom
$1,001
per month
The overall cost of living index in Oakland City is 80.0, which is 20.0% below the national average. Housing costs are below the national average at an index of 76.7. A single adult needs to earn approximately $35,218 per year to cover basic expenses.