Cost of living in Brandon 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 Brandon 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 Brandon is 103, with 100 being the average.
The cost of living index in Brandon is 1.0x higher than the national average.
Brandon ranks as the #180 cheapest in Florida out of 459.
Brandon ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Brandon is $352,924.
The median income in Brandon is $77,068.
According to the most recent data on the cost of living, Brandon has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Florida, Brandon has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Brandon ranks as #180 most affordable out of the 459 places we measured in Florida. By definition, that implies Brandon ranks as the #279 most expensive place in the Sunshine State.
For more reading on life in Brandon, check out:
Six factors go into calculating the cost of living index in Brandon. Here is how it fairs on each of the criteria:
The Services index in Brandon is 93.
The Groceries index in Brandon is 101.
The Health index in Brandon is 92.
The Housing index in Brandon is 120.
The Transportation index in Brandon is 101.
The Utilities index in Brandon is 100.
| Living Expense | Brandon | Florida | National Average | |
|---|---|---|---|---|
| Overall | 103 | 97 | 100 | |
| Services | 93 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 120 | 96 | 100 | |
| Transportation | 101 | 97 | 100 | |
| Utilities | 100 | 95 | 100 | |
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 Brandon is $352,924.
The Median Rent in Brandon is $1,691.
The Median Income in Brandon is $77,068.
The Home Value To Income in Brandon is 4.6x.
The Rent To Monthly Income in Brandon is 0.26x.
The cost of living varies in the cities and towns around Brandon. Here's a quick look at the cost of living in the most populous nearby places:
Riverview, FL has a cost of living index of 106, 1.0x Brandon.
Town 'n' Country, FL has a cost of living index of 102, 1.0x Brandon.
Valrico, FL has a cost of living index of 109, 1.1x Brandon.
| City | Population | Cost Of Living | Vs. Brandon |
|---|---|---|---|
| Riverview, FL | 107,776 | 106 | 1.0x |
| Town 'n' Country, FL | 86,544 | 102 | 1.0x |
| Valrico, FL | 38,820 | 109 | 1.1x |
| Carrollwood, FL | 35,645 | 110 | 1.1x |
| Lake Magdalene, FL | 31,733 | 104 | 1.0x |
| East Lake-Orient Park, FL | 29,064 | 95 | 0.9x |
| Citrus Park, FL | 28,163 | 113 | 1.1x |
| Temple Terrace, FL | 26,922 | 103 | 1.0x |
| Lutz, FL | 26,731 | 119 | 1.2x |
| Palm River-Clair Mel, FL | 26,719 | 96 | 0.9x |