Oakland, FL vs Progress Village, FL
There is a significant gap in the cost of living between these two cities. Progress Village is 24.6% cheaper than Oakland. With a cost index of 116 vs 145, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Progress Village to Oakland should plan for substantially higher expenses across most categories.
On the housing front, median rent in Oakland is $2,279/month compared to $1,927/month in Progress Village — a 18% difference. Home values follow the same pattern: Progress Village is more affordable at $266,200 median vs $487,900.
Median household income in Oakland is $142,917 compared to $85,814 in Progress Village (+66.5%). While Oakland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakland spend roughly 19.1% of their income on rent, less than the 26.9% in Progress Village.
Climate-wise, both cities share similar average temperatures (73.8°F vs 74.5°F). Oakland receives more rainfall at 51.5" per year compared to 49.5" in Progress Village.
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