Opa-locka, FL Cost Of Living
Cost Of Living In Opa-locka, FL Summary
Cost of living in Opa-locka 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 Opa-locka 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 Opa-locka is 93, with 100 being the average.
The cost of living index in Opa-locka is 0.9x lower than the national average.
Opa-locka ranks as the #128 cheapest in Florida out of 459.
Opa-locka ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Opa-locka is $197,400.
The median income in Opa-locka is $27,734.
Table Of Contents
Opa-locka's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Opa-locka, FL?
According to the most recent data on the cost of living, Opa-locka has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Opa-locka has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Opa-locka ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Opa-locka ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Opa-locka, check out:
- Living In Opa-locka
- Search Homes For Sale In Opa-Locka, FL
In Florida
In America
Opa-locka Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Opa-locka. Here is how it fairs on each of the criteria:
The Services index in Opa-locka is 103.
The Groceries index in Opa-locka is 116.
The Health index in Opa-locka is 102.
The Housing index in Opa-locka is 63.
The Transportation index in Opa-locka is 109.
The Utilities index in Opa-locka is 101.
| Living Expense | Opa-locka | Florida | National Average | |
|---|---|---|---|---|
| Overall | 93 | 101 | 100 | |
| Services | 103 | 98 | 100 | |
| Groceries | 116 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 63 | 108 | 100 | |
| Transportation | 109 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Opa-locka, 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 Opa-locka is $197,400.
The Median Rent in Opa-locka is $978.
The Median Income in Opa-locka is $27,734.
The Home Value To Income in Opa-locka is 7.1x.
The Rent To Monthly Income in Opa-locka is 0.42x.
| Statistic | Opa-locka | Florida | United States |
|---|---|---|---|
| Median Home Value | $197,400 | $248,700 | $244,900 |
| Median Rent | $978 | $1,301 | $1,163 |
| Median Income | $27,734 | $61,777 | $69,021 |
| Home Value To Income | 7.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.42x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Opa-locka, FL Costs By Category
Detailed Opa-locka Services Costs Vs. Florida
Detailed Opa-locka Groceries Costs Vs. Florida
Detailed Opa-locka Health Costs Vs. Florida
Detailed Opa-locka Transportation Costs Vs. Florida
Detailed Opa-locka Utilities Costs Vs. Florida
Opa-Locka SnackAbility
/10
Cost Of Living In Cities Around Opa-locka
The cost of living varies in the cities and towns around Opa-locka. Here's a quick look at the cost of living in the most populous nearby places:
Hialeah, FL has a cost of living index of 102, 1.1x Opa-locka.
Pembroke Pines, FL has a cost of living index of 113, 1.2x Opa-locka.
Miami Gardens, FL has a cost of living index of 102, 1.1x Opa-locka.
| City | Population | Cost Of Living | Vs. Opa-locka |
|---|---|---|---|
| Hialeah, FL | 224,362 | 102 | 1.1x |
| Pembroke Pines, FL | 170,346 | 113 | 1.2x |
| Miami Gardens, FL | 111,706 | 102 | 1.1x |
| Weston, FL | 68,148 | 137 | 1.5x |
| Tamiami, FL | 54,525 | 116 | 1.2x |
| Kendale Lakes, FL | 53,392 | 108 | 1.2x |
| Country Club, FL | 51,105 | 105 | 1.1x |
| Coral Gables, FL | 49,269 | 164 | 1.8x |
| Golden Glades, FL | 33,930 | 101 | 1.1x |
| West Little River, FL | 33,284 | 95 | 1.0x |
