Cost of Living in Oakland, NE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
92.3
100 = national avg
-7.7 vs national average
Living Wage (1 Adult)
$40,607
per year
Living Wage (Family of 4)
$95,981
per year
Cost Index by Category
Housing77.7
Food100.6
Transportation101.2
Healthcare100.5
Utilities95.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$836
per month
2 Bedroom
$961
per month
The overall cost of living index in Oakland is 92.3, which is 7.7% below the national average. Housing costs are below the national average at an index of 77.7. A single adult needs to earn approximately $40,607 per year to cover basic expenses.