Beverly Hills, FL Cost Of Living
Cost Of Living In Beverly Hills, FL Summary
Cost of living in Beverly Hills 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 Beverly Hills 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 Beverly Hills is 82, with 100 being the average.
The cost of living index in Beverly Hills is 0.8x lower than the national average.
Beverly Hills ranks as the #4 cheapest in Florida out of 459.
Beverly Hills ranks as the #221 cheapest out of 6,489 in the US.
The median home value in Beverly Hills is $238,040.
The median income in Beverly Hills is $44,845.
Table Of Contents
Beverly Hills's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Beverly Hills, FL?
According to the most recent data on the cost of living, Beverly Hills has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Florida, Beverly Hills has a cost of living index that's 0.8x lower than Florida's index of 97.
The standard of living in Beverly Hills ranks as #4 most affordable out of the 459 places we measured in Florida. By definition, that implies Beverly Hills ranks as the #455 most expensive place in the Sunshine State.
For more reading on life in Beverly Hills, check out:
In Florida
In America
Beverly Hills Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Beverly Hills. Here is how it fairs on each of the criteria:
The Services index in Beverly Hills is 91.
The Groceries index in Beverly Hills is 96.
The Health index in Beverly Hills is 92.
The Housing index in Beverly Hills is 64.
The Transportation index in Beverly Hills is 102.
The Utilities index in Beverly Hills is 87.
| Living Expense | Beverly Hills | Florida | National Average | |
|---|---|---|---|---|
| Overall | 82 | 97 | 100 | |
| Services | 91 | 96 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 64 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 87 | 95 | 100 | |
Beverly Hills, 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 Beverly Hills is $238,040.
The Median Rent in Beverly Hills is $1,140.
The Median Income in Beverly Hills is $44,845.
The Home Value To Income in Beverly Hills is 5.3x.
The Rent To Monthly Income in Beverly Hills is 0.31x.
| Statistic | Beverly Hills | Florida | United States |
|---|---|---|---|
| Median Home Value | $238,040 | $377,066 | $303,400 |
| Median Rent | $1,140 | $1,564 | $1,348 |
| Median Income | $44,845 | $71,711 | $78,538 |
| Home Value To Income | 5.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.31x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Beverly Hills, FL Costs By Category
Detailed Beverly Hills Services Costs Vs. Florida
| Item | Beverly Hills | Florida |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $13.48 | $12.13 |
| Bowling | $16.89 | $18 |
| Haircut | $22.56 | $24.26 |
| Beauty Salon | $62.28 | $45.56 |
Detailed Beverly Hills Groceries Costs Vs. Florida
| Item | Beverly Hills | Florida |
|---|---|---|
| Ground Beef | $5.76 | $5.84 |
| Fried Chicken | $1.42 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.29 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $11.0 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
Detailed Beverly Hills Health Costs Vs. Florida
| Item | Beverly Hills | Florida |
|---|---|---|
| Optometrist | $80.94 | $125.68 |
| Doctor | $125.35 | $135.78 |
| Dentist | $103.14 | $113.29 |
Detailed Beverly Hills Transportation Costs Vs. Florida
| Item | Beverly Hills | Florida |
|---|---|---|
| Gasoline | $3.36 | $3.46 |
| Tire Balancing | $54.31 | $59.92 |
Detailed Beverly Hills Utilities Costs Vs. Florida
| Item | Beverly Hills | Florida |
|---|---|---|
| All Electricity | $162.33 | $193.99 |
| Phone | $192.62 | $192.25 |
Beverly Hills SnackAbility
/10
Cost Of Living In Cities Around Beverly Hills
The cost of living varies in the cities and towns around Beverly Hills. Here's a quick look at the cost of living in the most populous nearby places:
Spring Hill, FL has a cost of living index of 97, 1.2x Beverly Hills.
The Villages, FL has a cost of living index of 113, 1.4x Beverly Hills.
Wesley Chapel, FL has a cost of living index of 111, 1.4x Beverly Hills.
| City | Population | Cost Of Living | Vs. Beverly Hills |
|---|---|---|---|
| Spring Hill, FL | 118,814 | 97 | 1.2x |
| The Villages, FL | 82,108 | 113 | 1.4x |
| Wesley Chapel, FL | 71,965 | 111 | 1.4x |
| Clermont, FL | 44,984 | 112 | 1.4x |
| Land O' Lakes, FL | 41,845 | 110 | 1.3x |
| Bayonet Point, FL | 23,787 | 86 | 1.0x |
| Eustis, FL | 23,567 | 93 | 1.1x |
| Jasmine Estates, FL | 23,151 | 91 | 1.1x |
| Tavares, FL | 19,738 | 94 | 1.1x |
| Lady Lake, FL | 16,337 | 93 | 1.1x |
