Clearwater, FL vs Oakland Park, FL

Clearwater is moderately more affordable than Oakland Park, with a 7.4% lower cost of living index. Clearwater scores 109 compared to 118 for Oakland Park, where the US average is 100. This difference means residents of Oakland Park can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clearwater is $1,539/month compared to $1,645/month in Oakland Park — a 6% difference. Home values follow the same pattern: Clearwater is more affordable at $326,100 median vs $352,600.

Median household income in Clearwater is $64,440 compared to $68,424 in Oakland Park (-5.8%). The higher salaries in Oakland Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Clearwater spend roughly 28.7% of their income on rent, less than the 28.8% in Oakland Park.