The cost of living index in Opa-locka, Florida, is slightly lower than the nationwide average. Specifically, it stands at 94, meaning it costs 6% less on average to live there compared to the national benchmark of 100.
Housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses in Opa-locka reflect this trend, all falling between 90 and 98 on the index. This makes Opa-locka an attractive option for those seeking a more affordable living environment.
Opa-locka, Florida, stands out with a cost of living index that is slightly lower than the nationwide average, which is set at 100. This means that, overall, living expenses in Opa-locka are more affordable compared to many other parts of the country. Specifically, housing costs in Opa-locka are about 10% below the national average, making it a more budget-friendly option for those looking to rent or buy a home. For groceries, the cost of living index is slightly lower at 95, indicating that residents can expect to pay about 5% less for everyday food items.
Furthermore, utilities in Opa-locka are just 3% above the national average at 97, which is a slight increase but remains quite reasonable. Transportation costs are nearly on par with the national average at 98, indicating that commuting and public transport expenses are comparable to other areas. Healthcare costs are slightly lower at 92, offering a 8% advantage, while miscellaneous costs are at 94, showing a 6% reduction from the average. These figures demonstrate that Opa-locka provides a cost-effective living environment across various essential spending categories.