Live Oak, FL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Live Oak is 89.6, which is 10.4% lower than the national average of 100. This makes housing, utilities, and transportation more affordable, while groceries, healthcare, and miscellaneous expenses remain close to the national average. Job seekers may find that their dollars stretch further in Live Oak, especially in key areas like housing and transportation.
The cost of living in Live Oak, Florida, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Live Oak stand at 85, which is 15% lower than the national average. This makes housing more affordable for residents, offering a significant advantage for those looking to settle in the area.
Additionally, the cost of groceries in Live Oak is 95, which is 5% lower than the national average. This slight reduction in grocery expenses can contribute to overall savings. Utilities in Live Oak are at 90, which is 10% below the average, providing another area where residents can expect to spend less. Transportation costs are slightly lower as well, with an index of 88, representing a 12% decrease. Healthcare costs in Live Oak are 92, which is 8% below the national average, offering a bit more affordability in this essential area. Miscellaneous expenses are at 86, which is 14% lower than the average, further enhancing the overall cost-saving potential for residents.