Cost of Living in Oakland Park, FL
Population 44,015 · Florida · Data vintage 2023
(100 = US avg)
Oakland Park lands reasonably close to national benchmarks on most cost indicators, with a median home value of $353,000 — 16% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.
Oakland Park is part of the immediate Fort Lauderdale metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 23% lower than Fort Lauderdale's $456,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oakland Park
The median home value in Oakland Park is $352,600 — 16% above the national median of $305,000. Median rent runs $1,645/month, 25% higher than the national median of $1,314/month. The median household income of $68,424/year is 8% lower than the US median of $74,580. The local unemployment rate is 5.8%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Oakland Park has a cost of living index of 119 versus the US average of 100, meaning it is 19% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Oakland Park, FL?
Oakland Park has a cost index of 119 (100 = national average). It is 19% above the national average.
What is average rent in Oakland Park, FL?
The median gross rent in Oakland Park is $1,645 per month based on 2023 Census data.
What is the average home price in Oakland Park?
The median home value in Oakland Park is $352,600 according to Zillow and Census data.
What is the median income in Oakland Park?
The median household income in Oakland Park is $68,424 per year (2023 ACS 5-year estimates).
What is the sales tax in Oakland Park, FL?
The combined state and local sales tax rate in Oakland Park is 7.0%. Florida has no state income tax.
Is Oakland Park, FL affordable?
Oakland Park is above average in cost of living, with an index of 119 — about 19% higher than the national average.
Oakland Park at a Glance
- Population
- 44,015
- Median Income
- $68,424
- Home Value
- $352,600
- Median Rent
- $1,645/mo
- Unemployment
- 5.8%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs