Cost of Living in Live Oak, FL

Population 6,901 · Florida · Data vintage 2023

58
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Live Oak sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 10.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 55 miles northwest of Gainesville, Live Oak is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 33% lower than Gainesville's $235,000.

Cost Overview

Housing 52
Rent 67

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Live Oak

The median home value in Live Oak is $158,200 — 48% below the national median of $305,000. Median rent runs $880/month, 33% lower than the national median of $1,314/month. The median household income of $53,578/year is 28% lower than the US median of $74,580. The local unemployment rate is 10.3%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Live Oak has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.

🏠 Housing

Median Home Value
$158,200
48% below avg
Zillow Home Value
$251,529
Zillow ZHVI
Median Rent
$880/mo
33% below avg
Zillow Rent
$1,500/mo
Zillow ZORI
Price-to-Rent Ratio
15.0x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 52.2%
Renter-occupied 47.8%

💰 Estimated Monthly Budget

Rent median rent
$880
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,494/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.8 min
19% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.1%

Commute Mode

Drove alone
86.6%
Carpooled
6.6%
Walked
2.4%
Bicycle
0.7%
Work from home
3.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$53,578
28% below avg
Per Capita Income
$24,254
Unemployment Rate
10.3%
115% above avg
Poverty Rate
17.5%
Labor Force Participation
65.2%

🎓 Education

Bachelor's degree+ 10.3%
Graduate degree 3.0%

👥 Demographics

Median Age 37.9
Male median age 37.2
Female median age 40.6

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
18:1
Student-teacher ratio
14
Public schools
5,923
Total enrollment

Frequently Asked Questions

What is the cost of living in Live Oak, FL?

Live Oak has a cost index of 58 (100 = national average). It is 42% below the national average.

What is average rent in Live Oak, FL?

The median gross rent in Live Oak is $880 per month based on 2023 Census data.

What is the average home price in Live Oak?

The median home value in Live Oak is $158,200 according to Zillow and Census data.

What is the median income in Live Oak?

The median household income in Live Oak is $53,578 per year (2023 ACS 5-year estimates).

What is the sales tax in Live Oak, FL?

The combined state and local sales tax rate in Live Oak is 7.0%. Florida has no state income tax.

Is Live Oak, FL affordable?

Yes, Live Oak is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.

Live Oak at a Glance

Population
6,901
Median Income
$53,578
Home Value
$158,200
Median Rent
$880/mo
Unemployment
10.3%
Sales Tax
7.0%
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Explore county-level cost of living data

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