Oxford, Florida, is a charming, unincorporated community located in Central Florida within minutes of The Villages and Ocala. Known for its affordable cost of living, pleasant climate, and relaxed lifestyle, Oxford has become a go-to destination for retirees, downsizers, and those looking to embrace a simpler way of life while being near some of the most renowned entertainment and beaches in the country.
With easy access to Orlando and Tampa, Oxford offers residents the perfect balance. You’re close enough to enjoy the entertainment and amenities of larger cities but can also maintain a low cost of living amidst a peaceful environment. But what does it really cost to live here? Let’s break it down, starting with the housing costs.
What are the Housing Costs?
Housing affordability is one of the top reasons why people are moving to Oxford, FL. Compared to nearby cities like The Villages, Ocala, and Orlando, Oxford has more budget-friendly home options to choose from without limiting your quality of life or the amenities you enjoy.
In general, median home prices in Oxford are lower than in Orlando but slightly higher than in Ocala. As of recent reports, the average cost of a home in Oxford is around $359,582, while in Orlando, the median home price is $377,840.
Additionally, monthly rent in Oxford is around $1,487, which is lower than the average national rent of $1,556 per month. There is a wide variety of home sizes and types to choose from, ranging from single-family homes to townhomes to tiny houses and even manufactured homes.
If you’re seeking an affordable, community-driven lifestyle, Lakeshore by Simple Life provides an economical yet high-quality housing option to enjoy the best of Central Florida without the high price tag.
The Expected Utilities and Energy Costs
Believe it or not, utility expenses in Central Florida are reasonable compared to other states, but they can fluctuate based on the season. Here’s what you can expect:
- Electricity: The average monthly electric bill in Florida is around $144.33, but it can be higher in summer due to air conditioning use.
- Water and Sewer: Expect to pay around $55 per month, depending on how much you use.
- Internet: High-speed internet typically costs $103.66 per month, but you may pay more or less depending on the plan chosen and your provider.
One major advantage of living at Lakeshore by Simple Life is the utility service bundle fee, which can save residents as much as 40% on utility costs. This bundled pricing makes monthly expenses more predictable and affordable.
Potential Transportation Expenses
Owning a car is essential in Oxford, FL, since there are not a lot of options for public transportation. Here’s what you can expect in terms of transportation costs:
- Gas Prices: Florida’s gas prices are slightly below the national average, usually ranging between $3.00 and $3.90 per gallon, depending on the fuel grade you choose.
- Commuting Costs: Many residents drive to nearby cities like Ocala (35 minutes) or Orlando (1.5 hours) for work or entertainment.
- Vehicle Maintenance: Routine car maintenance costs, such as oil changes and tire rotations, remain relatively affordable, with annual expenses averaging $800-$1,500.
While there isn’t a well-connected public transportation system, ride-sharing services and community transportation options are available, especially in areas near The Villages.
Local Food and Grocery Costs
Grocery prices in Oxford and Central Florida are slightly higher compared to the national average yet still relatively affordable. A typical grocery bill for a small household averages around $1,148 monthly. If you like dining out, there are numerous budget-friendly and upscale options for you to choose from. For casual dining, you can expect around $10-$15 per meal, while mid-range restaurants are around $20 to $30 per meal. For more upscale options, you can expect to drop around $50 per person.
With local farmers’ markets, fresh produce stands, and big-box grocery stores, residents can find plenty of options to fit their budgets and dietary preferences.
What the Healthcare Costs Are
Healthcare is a significant consideration for many moving to Oxford, FL, particularly for retirees and those seeking quality medical care at reasonable costs. Fortunately, Oxford has several excellent healthcare facilities, including UF Health, The Villages Hospital, and AdventHealth Ocala.
When it comes to the costs of healthcare, Florida’s average monthly health insurance premium is around $390-$600 per person or family, though this varies based on plan type and coverage. For most routine doctor visits, you can expect to spend around $80-$150 without insurance, while emergency care and specialized treatments may be higher.
However, compared to larger metro areas, healthcare in Oxford is more accessible and less expensive, so it is an attractive choice for retirees!
Cost of Taxes and Other Expenses
One of the biggest financial benefits of living in Oxford, FL, is Florida’s lack of state income tax. This means more money stays in your pocket! Not to mention, property taxes are also relatively low. In Sumter County (where Oxford is located), the property tax rate averages 0.82% of assessed home value.
As far as sales tax, Florida’s is only 6%, so it’s still quite affordable, even with some counties adding a small additional percentage. Other than that, car insurance, homeowners insurance, and other living expenses are reasonable compared to national averages and do depend on the company that you choose.
The Entertainment and Lifestyle Costs
One of the perks of living in Oxford, FL, is the affordable recreational opportunities. You’re close by to practically most amenities: theme parks, outdoor excursions, beaches, and even shopping. With parks, nature trails, and nearby lakes, enjoying the outdoors is free or low-cost.
Furthermore, this area is a golfer’s paradise, with affordable green fees ranging from $25-$75 per round. The Villages and Ocala also offer lots of shopping, dining, and entertainment options without the high prices of larger cities, so you can still get out on the town and enjoy the local attractions without breaking the bank.
As a resident of Lakeshore by Simple Life, you’ll have access to affordable, community-driven entertainment so you can enjoy an active, social lifestyle—without breaking the bank.
Find Your New Home at Lakeshore by Simple Life
Overall, the cost of living in Oxford, FL, is significantly lower than in larger Florida cities like Orlando and Tampa, making it an ideal location for those looking to downsize, retire, or embrace a more affordable lifestyle.
With reasonable housing prices, low taxes, and cost-effective amenities, Oxford is a comfortable, financially sustainable place to live. If you’re looking for a community-centered, affordable living experience, Lakeshore by Simple Life offers a unique opportunity to enjoy the best of Central Florida at a fraction of the cost.
Are you ready to experience the benefits of affordable living in Oxford, FL? Explore Lakeshore by Simple Life today and discover how you can simplify your life while maximizing your savings.
*The figures presented in this article are intended for educational purposes only and should not be relied upon as a replacement for professional advice or representation.
