Cost of Living in Okeechobee, FL

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A+
2%
Overall NAT. AVG.
1%
Groceries NAT. AVG.
17%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Okeechobee Florida National
Cost of living98102100
Groceries101102100
Health care105104100
Housing8397100
Transportation106103100
Utilities110110100
Lifestyle & Entertainment109104100
Household Items102102100
Education & Childcare105106100
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Homes For Sale In Okeechobee, FL

property for sale

2964 NW 36th Ave

Okeechobee, FL
property for sale

1601 US Highway 441 SE #106

Okeechobee, FL
property for sale

14545 W Center St

Okeechobee, FL
property for sale

21072 NW 280th St

Okeechobee, FL
See the Newest Homes For Sale In Okeechobee, FL

Cost Of Living Quick Facts

  • The cost of living in Okeechobee is 3% lower than the Florida average
  • The cost of living in Okeechobee is 2% lower than the national average
  • Okeechobee housing is 17% lower than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Okeechobee

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$84,489$7,041$1,971$2,535
      Renters$38,996$3,250$910$1,170
      To approximate the cost of living and the housing affordability in Okeechobee, FL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Okeechobee have a median income of $84,489. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,971 per month to avoid calamity and poverty. The renters in the city have an income of about $38,996, which would make their monthly maximum allowable rental costs $910.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Taylor Creek, FL4,508918.9%
      Cypress Quarters, FL1,569937.5%
      Buckhead Ridge, FL1,486954.6%
      Okeechobee, FL5,787981.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Vegreville, AB5,787n/a 
      Woodside, CA5,786345244.7%
      Willow Springs, IL5,78611818.4%
      Marlin, TX5,7868020.2%
      Henryetta, OK5,7898019.6%
      Okeechobee, FL5,787981.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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