Brandon, FL Cost Of Living
Cost Of Living In Brandon, FL Summary
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 99, with 100 being the average.
The cost of living index in Brandon is 1.0x lower than the national average.
Brandon ranks as the #231 cheapest in Florida out of 459.
Brandon ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Brandon is $224,800.
The median income in Brandon is $64,401.
Table Of Contents
Brandon's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Brandon, FL?
According to the most recent data on the cost of living, Brandon has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Brandon has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Brandon ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Brandon ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Brandon, check out:
- Living In Brandon
- Search Homes For Sale In Brandon, FL
In Florida
In America
Brandon Cost Of Living Vs. Florida
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 100.
The Groceries index in Brandon is 105.
The Health index in Brandon is 100.
The Housing index in Brandon is 96.
The Transportation index in Brandon is 98.
The Utilities index in Brandon is 102.
| Living Expense | Brandon | Florida | National Average | |
|---|---|---|---|---|
| Overall | 99 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 96 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 102 | 100 | 100 | |
Brandon, 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 2017-2021. The key points are:
The Median Home Value in Brandon is $224,800.
The Median Rent in Brandon is $1,403.
The Median Income in Brandon is $64,401.
The Home Value To Income in Brandon is 3.5x.
The Rent To Monthly Income in Brandon is 0.26x.
| Statistic | Brandon | Florida | United States |
|---|---|---|---|
| Median Home Value | $224,800 | $248,700 | $244,900 |
| Median Rent | $1,403 | $1,301 | $1,163 |
| Median Income | $64,401 | $61,777 | $69,021 |
| Home Value To Income | 3.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Brandon, FL Costs By Category
Detailed Brandon Services Costs Vs. Florida
Detailed Brandon Groceries Costs Vs. Florida
Detailed Brandon Health Costs Vs. Florida
Detailed Brandon Transportation Costs Vs. Florida
Detailed Brandon Utilities Costs Vs. Florida
Brandon SnackAbility
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Cost Of Living In Cities Around Brandon
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 101, 1.0x Brandon.
Town 'n' Country, FL has a cost of living index of 94, 0.9x Brandon.
Valrico, FL has a cost of living index of 106, 1.1x Brandon.
| City | Population | Cost Of Living | Vs. Brandon |
|---|---|---|---|
| Riverview, FL | 98,928 | 101 | 1.0x |
| Town 'n' Country, FL | 89,679 | 94 | 0.9x |
| Valrico, FL | 39,632 | 106 | 1.1x |
| Carrollwood, FL | 35,846 | 100 | 1.0x |
| Lake Magdalene, FL | 31,211 | 101 | 1.0x |
| East Lake-Orient Park, FL | 30,002 | 89 | 0.9x |
| Citrus Park, FL | 27,440 | 101 | 1.0x |
| Temple Terrace, FL | 26,585 | 99 | 1.0x |
| Palm River-Clair Mel, FL | 25,492 | 90 | 0.9x |
| Bloomingdale, FL | 25,042 | 105 | 1.1x |
