Cost of Living in Oakland, FL
Population 3,566 · Florida · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Oakland a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $488,000. An unemployment rate of 0.8% points to a labor market well on the tight side of the national distribution.
Geographically, Oakland is about 25 miles west of Orlando, the nearest large metro. Median home values run roughly 36% higher than Orlando's $359,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oakland
The median home value in Oakland is $487,900 — 60% above the national median of $305,000. Median rent runs $2,279/month, 73% higher than the national median of $1,314/month. The median household income of $142,917/year is 92% higher than the US median of $74,580. The local unemployment rate is 0.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Oakland has a cost of living index of 165 versus the US average of 100, meaning it is 65% more expensive.
Oakland has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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, FL?
Oakland has a cost index of 165 (100 = national average). It is 65% above the national average.
What is average rent in Oakland, FL?
The median gross rent in Oakland is $2,279 per month based on 2023 Census data.
What is the average home price in Oakland?
The median home value in Oakland is $487,900 according to Zillow and Census data.
What is the median income in Oakland?
The median household income in Oakland is $142,917 per year (2023 ACS 5-year estimates).
What is the sales tax in Oakland, FL?
The combined state and local sales tax rate in Oakland is 7.0%. Florida has no state income tax.
Is Oakland, FL affordable?
Oakland is above average in cost of living, with an index of 165 — about 65% higher than the national average.
Oakland at a Glance
- Population
- 3,566
- Median Income
- $142,917
- Home Value
- $487,900
- Median Rent
- $2,279/mo
- Unemployment
- 0.8%
- 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