Cost of living in Oldsmar 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 Oldsmar is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, 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 Oldsmar is 100, with 100 being the average.
The cost of living index in Oldsmar is 1.0x lower than the national average.
Oldsmar ranks as the #250 cheapest in Florida out of 459.
Oldsmar ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Oldsmar is $272,800.
The median income in Oldsmar is $67,389.
According to the most recent data on the cost of living, Oldsmar has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Florida, Oldsmar has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Oldsmar ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Oldsmar ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Oldsmar, check out:
Six factors go into calculating the cost of living index in Oldsmar. Here is how it fairs on each of the criteria:
The Services index in Oldsmar is 97.
The Groceries index in Oldsmar is 105.
The Health index in Oldsmar is 97.
The Housing index in Oldsmar is 94.
The Transportation index in Oldsmar is 100.
The Utilities index in Oldsmar is 102.
Living Expense | Oldsmar | Florida | National Average | |
---|---|---|---|---|
Overall | 100 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 94 | 108 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 102 | 100 | 100 |
Housing swings affordability the most between places in Florida, 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 Oldsmar is $272,800.
The Median Rent in Oldsmar is $1,199.
The Median Income in Oldsmar is $67,389.
The Home Value To Income in Oldsmar is 4.0x.
The Rent To Monthly Income in Oldsmar is 0.21x.
Statistic | Oldsmar | Florida | United States |
---|---|---|---|
Median Home Value | $272,800 | $248,700 | $244,900 |
Median Rent | $1,199 | $1,301 | $1,163 |
Median Income | $67,389 | $61,777 | $69,021 |
Home Value To Income | 4.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Oldsmar. Here's a quick look at the cost of living in the most populous nearby places:
Clearwater, FL has a cost of living index of 98, 1.0x Oldsmar.
Largo, FL has a cost of living index of 91, 0.9x Oldsmar.
Palm Harbor, FL has a cost of living index of 100, 1.0x Oldsmar.
City | Population | Cost Of Living | Vs. Oldsmar |
---|---|---|---|
Clearwater, FL | 116,616 | 98 | 1.0x |
Largo, FL | 82,505 | 91 | 0.9x |
Palm Harbor, FL | 60,682 | 100 | 1.0x |
Pinellas Park, FL | 53,130 | 93 | 0.9x |
Dunedin, FL | 36,110 | 97 | 1.0x |
Carrollwood, FL | 35,846 | 100 | 1.0x |
East Lake, FL | 32,714 | 114 | 1.1x |
Citrus Park, FL | 27,440 | 101 | 1.0x |
Keystone, FL | 25,397 | 125 | 1.2x |
Northdale, FL | 24,924 | 102 | 1.0x |