| Index | Oakland Park | Florida | National |
| Cost of living | 113 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 103 | 104 | 100 |
| Housing | 134 | 97 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 110 | 110 | 100 |
| Lifestyle & Entertainment | 101 | 104 | 100 |
| Household Items | 103 | 102 | 100 |
| Education & Childcare | 101 | 106 | 100 |

Are you thinking about relocating, but curious about the potential cost of living in Oakland Park? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Oakland Park stands at 113, making it 13% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
When it comes to the cost of living in Oakland Park, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 34% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Is Oakland Park an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Oakland Park, the median home price is 34.3% higher than what most folks pay across the country, and monthly rent prices are 33.2% higher than the usual rates. Income levels in Oakland Park come in at $80,330, which is 1.2% lower than the national average.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Oakland Park, is 34% higher than the national average.
Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Oakland Park, healthcare costs are 2.7% higher than the national average.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Oakland Park, the transportation index is 4.5% higher than the national average.
The cost of living data for Oakland Park shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $96,821 | $8,068 | $2,259 | $2,905 |
| Renters | $65,434 | $5,453 | $1,527 | $1,963 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Pembroke Park, FL | 6,970 | 89 | 11.0% |
| Lauderdale Lakes, FL | 37,351 | 98 | 1.6% |
| Franklin Park, FL | 1,602 | 99 | 1.2% |
| Roosevelt Gardens, FL | 2,139 | 100 | 0.4% |
| Lauderhill, FL | 73,782 | 106 | 5.5% |
| Oakland Park, FL | 45,907 | 113 | 12.8% |
| City | Population | Cost of Living Index | National Avg. |
| San Bruno, CA | 45,907 | 214 | 114.2% |
| Morgan Hill, CA | 45,880 | 200 | 100.5% |
| Whitney, NV | 45,877 | 107 | 7.3% |
| Plainfield, IL | 45,974 | 124 | 24.1% |
| Cleveland Heights, OH | 45,821 | 92 | 8.1% |
| Oakland Park, FL | 45,907 | 113 | 12.8% |