Cost of living in Oakville research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Oakville is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Oakville is 115, with 100 being the average.
The cost of living index in Oakville is 1.1x higher than the national average.
Oakville ranks as the #26 cheapest in Connecticut out of 55.
Oakville ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in Oakville is $226,100.
The median income in Oakville is $79,651.
According to the most recent data on the cost of living, Oakville has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Oakville has a cost of living index that's 1.0x higher than Connecticut's index of 114.
The standard of living in Oakville ranks as #26 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Oakville ranks as the #29 most expensive place in the Constitution State.
For more reading on life in Oakville, check out:
Six factors go into calculating the cost of living index in Oakville. Here is how it fairs on each of the criteria:
The Services index in Oakville is 118.
The Groceries index in Oakville is 106.
The Health index in Oakville is 109.
The Housing index in Oakville is 105.
The Transportation index in Oakville is 105.
The Utilities index in Oakville is 147.
Living Expense | Oakville | Connecticut | National Average | |
---|---|---|---|---|
Overall | 115 | 114 | 100 | |
Services | 118 | 113 | 100 | |
Groceries | 106 | 101 | 100 | |
Health | 109 | 107 | 100 | |
Housing | 105 | 123 | 100 | |
Transportation | 105 | 104 | 100 | |
Utilities | 147 | 127 | 100 |
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Oakville is $226,100.
The Median Rent in Oakville is $1,289.
The Median Income in Oakville is $79,651.
The Home Value To Income in Oakville is 2.8x.
The Rent To Monthly Income in Oakville is 0.19x.
Statistic | Oakville | Connecticut | United States |
---|---|---|---|
Median Home Value | $226,100 | $286,700 | $244,900 |
Median Rent | $1,289 | $1,260 | $1,163 |
Median Income | $79,651 | $83,572 | $69,021 |
Home Value To Income | 2.8x | 3.4x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Oakville | Connecticut |
---|---|---|
Shampoo | $0.97 | $1.06 |
Movie | $11.57 | $10.68 |
Bowling | $17.47 | $14.67 |
Haircut | $27.97 | $18.62 |
Beauty Salon | $47.72 | $39.05 |
Item | Oakville | Connecticut |
---|---|---|
Ground Beef | $4.66 | $4.22 |
Fried Chicken | $1.51 | $1.39 |
Milk | $2.52 | $2.05 |
Potatoes | $4.12 | $3.29 |
Pizza | $9.41 | $10.62 |
Beer | $10.04 | $9.38 |
Toothpaste | $2.08 | $2.34 |
Item | Oakville | Connecticut |
---|---|---|
Optometrist | $112.13 | $108.57 |
Doctor | $130.27 | $116.17 |
Dentist | $107.76 | $99.13 |
Item | Oakville | Connecticut |
---|---|---|
Gasoline | $2.3 | $2.22 |
Tire Balancing | $56.11 | $50.07 |
Item | Oakville | Connecticut |
---|---|---|
All Electricity | $302.49 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Oakville. Here's a quick look at the cost of living in the most populous nearby places:
Santa Rosa, CA has a cost of living index of 153, 1.3x Oakville.
Napa, CA has a cost of living index of 155, 1.3x Oakville.
Petaluma, CA has a cost of living index of 161, 1.4x Oakville.
City | Population | Cost Of Living | Vs. Oakville |
---|---|---|---|
Santa Rosa, CA | 179,213 | 153 | 1.3x |
Napa, CA | 79,700 | 155 | 1.3x |
Petaluma, CA | 60,050 | 161 | 1.4x |
Rohnert Park, CA | 44,420 | 144 | 1.3x |
American Canyon, CA | 21,735 | 148 | 1.3x |
Boyes Hot Springs, CA | 7,791 | 155 | 1.3x |
Cotati, CA | 7,603 | 155 | 1.3x |
Larkfield-Wikiup, CA | 7,595 | 158 | 1.4x |
St. Helena, CA | 5,530 | 204 | 1.8x |
Calistoga, CA | 5,267 | 154 | 1.3x |