Cost of Living in Oakland, SC
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.4
100 = national avg
-13.6 vs national average
Living Wage (1 Adult)
$38,000
per year
Living Wage (Family of 4)
$89,819
per year
Cost Index by Category
Housing53.4
Food97.3
Transportation134.6
Healthcare97.8
Utilities89.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$972
per month
2 Bedroom
$1,276
per month
The overall cost of living index in Oakland is 86.4, which is 13.6% below the national average. Housing costs are below the national average at an index of 53.4. A single adult needs to earn approximately $38,000 per year to cover basic expenses.