Altamonte Springs, FL Cost Of Living
Cost Of Living In Altamonte Springs, FL Summary
Cost of living in Altamonte Springs 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 Altamonte Springs 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 Altamonte Springs is 103, with 100 being the average.
The cost of living index in Altamonte Springs is 1.0x higher than the national average.
Altamonte Springs ranks as the #180 cheapest in Florida out of 459.
Altamonte Springs ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Altamonte Springs is $293,436.
The median income in Altamonte Springs is $64,106.
Table Of Contents
Altamonte Springs's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Altamonte Springs, FL?
According to the most recent data on the cost of living, Altamonte Springs has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Florida, Altamonte Springs has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Altamonte Springs ranks as #180 most affordable out of the 459 places we measured in Florida. By definition, that implies Altamonte Springs ranks as the #279 most expensive place in the Sunshine State.
For more reading on life in Altamonte Springs, check out:
In Florida
In America
Altamonte Springs Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Altamonte Springs. Here is how it fairs on each of the criteria:
The Services index in Altamonte Springs is 102.
The Groceries index in Altamonte Springs is 97.
The Health index in Altamonte Springs is 92.
The Housing index in Altamonte Springs is 113.
The Transportation index in Altamonte Springs is 96.
The Utilities index in Altamonte Springs is 91.
| Living Expense | Altamonte Springs | Florida | National Average | |
|---|---|---|---|---|
| Overall | 103 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 113 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 91 | 95 | 100 | |
Altamonte Springs, 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 2019-2023. The key points are:
The Median Home Value in Altamonte Springs is $293,436.
The Median Rent in Altamonte Springs is $1,624.
The Median Income in Altamonte Springs is $64,106.
The Home Value To Income in Altamonte Springs is 4.6x.
The Rent To Monthly Income in Altamonte Springs is 0.3x.
| Statistic | Altamonte Springs | Florida | United States |
|---|---|---|---|
| Median Home Value | $293,436 | $377,066 | $303,400 |
| Median Rent | $1,624 | $1,564 | $1,348 |
| Median Income | $64,106 | $71,711 | $78,538 |
| Home Value To Income | 4.6x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Altamonte Springs, FL Costs By Category
Detailed Altamonte Springs Services Costs Vs. Florida
| Item | Altamonte Springs | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Altamonte Springs Groceries Costs Vs. Florida
| Item | Altamonte Springs | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Altamonte Springs Health Costs Vs. Florida
| Item | Altamonte Springs | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Altamonte Springs Transportation Costs Vs. Florida
| Item | Altamonte Springs | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Altamonte Springs Utilities Costs Vs. Florida
| Item | Altamonte Springs | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Altamonte Springs SnackAbility
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Cost Of Living In Cities Around Altamonte Springs
The cost of living varies in the cities and towns around Altamonte Springs. Here's a quick look at the cost of living in the most populous nearby places:
Ocoee, FL has a cost of living index of 113, 1.1x Altamonte Springs.
Oviedo, FL has a cost of living index of 119, 1.2x Altamonte Springs.
Winter Springs, FL has a cost of living index of 110, 1.1x Altamonte Springs.
| City | Population | Cost Of Living | Vs. Altamonte Springs |
|---|---|---|---|
| Ocoee, FL | 47,885 | 113 | 1.1x |
| Oviedo, FL | 39,990 | 119 | 1.2x |
| Winter Springs, FL | 38,448 | 110 | 1.1x |
| Winter Park, FL | 29,929 | 136 | 1.3x |
| Casselberry, FL | 29,473 | 101 | 1.0x |
| Wekiwa Springs, FL | 24,109 | 120 | 1.2x |
| Maitland, FL | 19,268 | 126 | 1.2x |
| Lake Mary, FL | 16,724 | 120 | 1.2x |
| Longwood, FL | 15,952 | 107 | 1.0x |
| Lockhart, FL | 14,753 | 101 | 1.0x |
