The cost of living in Oakland Park, FL, stands at 106% of the nationwide average, making it slightly higher. Specifically, housing costs are 25% above the national average, while groceries and utilities remain close to the average. This indicates that while housing is notably expensive, other expenses stay relatively balanced.
Oakland Park, Florida, presents a unique cost of living that both aligns and contrasts with the nationwide average, which is set at 100. Notably, housing costs in Oakland Park are 25% higher than the national average, making it a significant expense for residents. This increase might affect those looking to purchase or rent a home in the area. Grocery prices also edge up, reflecting a 4% higher cost than the national average, which could add to monthly expenses for families and individuals alike.
Transportation, healthcare, and miscellaneous costs in Oakland Park slightly exceed the national averages by 5% and 10%, respectively, while utilities run 5% below the national average. This mixed bag of costs provides prospective residents with a clearer picture of what to expect in terms of daily living expenses. Healthcare, which is 10% above the average, is a critical area to consider, especially for families or those with ongoing medical needs. These details offer valuable insights for job seekers evaluating where to live and work in Oakland Park.
