Okeechobee, FL Cost Of Living
Cost Of Living In Okeechobee, FL Summary
Cost of living in Okeechobee 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 Okeechobee 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 Okeechobee is 89, with 100 being the average.
The cost of living index in Okeechobee is 0.9x lower than the national average.
Okeechobee ranks as the #72 cheapest in Florida out of 459.
Okeechobee ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Okeechobee is $152,000.
The median income in Okeechobee is $40,149.
Table Of Contents
Okeechobee's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Okeechobee, FL?
According to the most recent data on the cost of living, Okeechobee has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Florida, Okeechobee has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Okeechobee ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Okeechobee ranks as the #387 most expensive place in the Sunshine State.
For more reading on life in Okeechobee, check out:
- Living In Okeechobee
- Okeechobee Crime Report
- Search Homes For Sale In Okeechobee, FL
In Florida
In America
Okeechobee Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Okeechobee. Here is how it fairs on each of the criteria:
The Services index in Okeechobee is 101.
The Groceries index in Okeechobee is 100.
The Health index in Okeechobee is 113.
The Housing index in Okeechobee is 60.
The Transportation index in Okeechobee is 100.
The Utilities index in Okeechobee is 116.
| Living Expense | Okeechobee | Florida | National Average | |
|---|---|---|---|---|
| Overall | 89 | 101 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 113 | 96 | 100 | |
| Housing | 60 | 108 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 116 | 100 | 100 | |
Okeechobee, FL Housing Cost Breakdown
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 Okeechobee is $152,000.
The Median Rent in Okeechobee is $916.
The Median Income in Okeechobee is $40,149.
The Home Value To Income in Okeechobee is 3.8x.
The Rent To Monthly Income in Okeechobee is 0.27x.
| Statistic | Okeechobee | Florida | United States |
|---|---|---|---|
| Median Home Value | $152,000 | $248,700 | $244,900 |
| Median Rent | $916 | $1,301 | $1,163 |
| Median Income | $40,149 | $61,777 | $69,021 |
| Home Value To Income | 3.8x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Okeechobee, FL Costs By Category
Detailed Okeechobee Services Costs Vs. Florida
| Item | Okeechobee | Florida |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $6.43 | $10.68 |
| Bowling | $17.55 | $14.67 |
| Haircut | $15.28 | $18.62 |
| Beauty Salon | $45.42 | $39.05 |
Detailed Okeechobee Groceries Costs Vs. Florida
| Item | Okeechobee | Florida |
|---|---|---|
| Ground Beef | $4.79 | $4.22 |
| Fried Chicken | $1.63 | $1.39 |
| Milk | $2.71 | $2.05 |
| Potatoes | $3.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $10.23 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Okeechobee Health Costs Vs. Florida
| Item | Okeechobee | Florida |
|---|---|---|
| Optometrist | $157.83 | $108.57 |
| Doctor | $126.5 | $116.17 |
| Dentist | $108.78 | $99.13 |
Detailed Okeechobee Transportation Costs Vs. Florida
| Item | Okeechobee | Florida |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $51.86 | $50.07 |
Detailed Okeechobee Utilities Costs Vs. Florida
| Item | Okeechobee | Florida |
|---|---|---|
| All Electricity | $208.89 | $167.67 |
| Phone | $188.17 | $175.64 |
Okeechobee SnackAbility
/10
Cost Of Living In Cities Around Okeechobee
The cost of living varies in the cities and towns around Okeechobee. Here's a quick look at the cost of living in the most populous nearby places:
Port St. Lucie, FL has a cost of living index of 101, 1.1x Okeechobee.
Jupiter, FL has a cost of living index of 123, 1.4x Okeechobee.
Palm Beach Gardens, FL has a cost of living index of 122, 1.4x Okeechobee.
| City | Population | Cost Of Living | Vs. Okeechobee |
|---|---|---|---|
| Port St. Lucie, FL | 202,177 | 101 | 1.1x |
| Jupiter, FL | 60,629 | 123 | 1.4x |
| Palm Beach Gardens, FL | 58,482 | 122 | 1.4x |
| The Acreage, FL | 40,771 | 115 | 1.3x |
| Vero Beach South, FL | 29,506 | 95 | 1.1x |
| Sebastian, FL | 24,843 | 97 | 1.1x |
| Stuart, FL | 17,269 | 93 | 1.0x |
| Belle Glade, FL | 16,983 | 89 | 1.0x |
| Hobe Sound, FL | 13,964 | 95 | 1.1x |
| Jupiter Farms, FL | 13,437 | 126 | 1.4x |
