Cost of living in Bradenton 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 Bradenton 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 Bradenton is 95, with 100 being the average.
The cost of living index in Bradenton is 0.9x lower than the national average.
Bradenton ranks as the #164 cheapest in Florida out of 459.
Bradenton ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Bradenton is $211,200.
The median income in Bradenton is $50,084.
According to the most recent data on the cost of living, Bradenton has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Bradenton has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Bradenton ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Bradenton ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Bradenton, check out:
Six factors go into calculating the cost of living index in Bradenton. Here is how it fairs on each of the criteria:
The Services index in Bradenton is 104.
The Groceries index in Bradenton is 111.
The Health index in Bradenton is 104.
The Housing index in Bradenton is 81.
The Transportation index in Bradenton is 109.
The Utilities index in Bradenton is 90.
|Living Expense||Bradenton||Florida||National Average|
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 2017-2021. The key points are:
The Median Home Value in Bradenton is $211,200.
The Median Rent in Bradenton is $1,228.
The Median Income in Bradenton is $50,084.
The Home Value To Income in Bradenton is 4.2x.
The Rent To Monthly Income in Bradenton is 0.29x.
|Median Home Value||$211,200||$248,700||$244,900|
|Home Value To Income||4.2x||4.0x||3.5x|
|Rent To Monthly Income||0.29x||0.25x||0.2x|
The cost of living varies in the cities and towns around Bradenton. Here's a quick look at the cost of living in the most populous nearby places:
St. Petersburg, FL has a cost of living index of 95, 1.0x Bradenton.
Sarasota, FL has a cost of living index of 103, 1.1x Bradenton.
South Bradenton, FL has a cost of living index of 84, 0.9x Bradenton.
|City||Population||Cost Of Living||Vs. Bradenton|
|St. Petersburg, FL||258,245||95||1.0x|
|South Bradenton, FL||24,972||84||0.9x|
|Bayshore Gardens, FL||19,720||87||0.9x|
|Sarasota Springs, FL||12,366||101||1.1x|
|West Samoset, FL||6,789||88||0.9x|