Cost of Living in Oldsmar, FL

Population 14,872 · Florida · Data vintage 2023

112
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Oldsmar is a smaller Florida community of around 15000 residents, where median household incomes of $76,100 and housing costs ($347,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Oldsmar sits roughly 8 miles northeast of Clearwater — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Clearwater's $326,000 median.

Cost Overview

Housing 114
Rent 109

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

About the Cost of Living in Oldsmar

The median home value in Oldsmar is $346,900 — 14% above the national median of $305,000. Median rent runs $1,438/month, 9% higher than the national median of $1,314/month. The median household income of $76,100/year is 2% higher than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Oldsmar has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$346,900
14% above avg
Zillow Home Value
$362,699
Zillow ZHVI
Median Rent
$1,438/mo
9% above avg
Zillow Rent
$1,994/mo
Zillow ZORI
Price-to-Rent Ratio
20.1x
Favors renting
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 73.8%
Renter-occupied 26.2%

💰 Estimated Monthly Budget

Rent median rent
$1,438
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,052/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
26.9 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.1%

Commute Mode

Drove alone
72.3%
Carpooled
4.8%
Walked
1.2%
Work from home
20.1%

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
$76,100
2% above avg
Per Capita Income
$39,738
Unemployment Rate
4.5%
7% below avg
Poverty Rate
11.2%
Labor Force Participation
63.9%

🎓 Education

Bachelor's degree+ 23.9%
Graduate degree 12.6%

👥 Demographics

Median Age 38.8
Male median age 37.5
Female median age 41.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Oldsmar, FL?

Oldsmar has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in Oldsmar, FL?

The median gross rent in Oldsmar is $1,438 per month based on 2023 Census data.

What is the average home price in Oldsmar?

The median home value in Oldsmar is $346,900 according to Zillow and Census data.

What is the median income in Oldsmar?

The median household income in Oldsmar is $76,100 per year (2023 ACS 5-year estimates).

What is the sales tax in Oldsmar, FL?

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

Is Oldsmar, FL affordable?

Oldsmar is above average in cost of living, with an index of 112 — about 12% higher than the national average.

Oldsmar at a Glance

Population
14,872
Median Income
$76,100
Home Value
$346,900
Median Rent
$1,438/mo
Unemployment
4.5%
Sales Tax
7.0%
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Explore county-level cost of living data

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