Cost of Living in Oakland park, FL
Housing
The housing market plays a significant role in determining the cost of living in Oakland park, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $353,000
- Average Rent (2 BR Apartment): $2141 per month
- Average Rent (2 BR House): $2327 per month
When considering a move to Oakland park, FL, it's essential to note that it has a population of . The median age of residents is , which reflects a mature community. With a median income of , the area may offer a standard of living commensurate with its economic opportunities. However, it’s worth noting that the poverty level stands at %, and the unemployment rate is relatively low at %. Additionally, the fact that % of households are composed of married families can indicate a sense of stability within the community.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oakland park, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $243 per month
Living in Oakland park, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $243 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Oakland park is a financially viable option for your relocation.