Oak Ridge, FL vs Springfield, FL

Springfield is moderately more affordable than Oak Ridge, with a 9.4% lower cost of living index. Oak Ridge scores 97 compared to 89 for Springfield, where the US average is 100. This difference means residents of Oak Ridge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oak Ridge is $1,404/month compared to $1,329/month in Springfield — a 6% difference. Home values follow the same pattern: Springfield is more affordable at $177,500 median vs $235,500.

Median household income in Oak Ridge is $53,389 compared to $51,640 in Springfield (+3.4%). Oak Ridge does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Oak Ridge spend roughly 31.6% of their income on rent, more than the 30.9% in Springfield. The Springfield ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Climate-wise, Oak Ridge is notably warmer with an average of 73°F compared to 68.3°F in Springfield. Springfield receives more rainfall at 59.5" per year compared to 51.4" in Oak Ridge.