What is the cost of living in Carrollwood, FL?
According to the most recent data on the cost of living, Carrollwood has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Florida, Carrollwood has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Carrollwood ranks as #294 most affordable out of the 462 places we measured in Florida. By definition, that implies Carrollwood ranks as the #168 most expensive place in the Sunshine State.
For more reading on life in Carrollwood, check out:
Carrollwood Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Carrollwood. Here is how it fares on each of the criteria:
The Services index in Carrollwood is 103.
The Groceries index in Carrollwood is 104.
The Health index in Carrollwood is 138.
The Housing index in Carrollwood is 103.
The Transportation index in Carrollwood is 109.
The Utilities index in Carrollwood is 105.
| Living Expense | Carrollwood | Florida | National Average |
|---|---|---|---|
| Overall | 115 | 104 | 100 |
| Services | 103 | 101 | 100 |
| Groceries | 104 | 105 | 100 |
| Health | 138 | 99 | 100 |
| Housing | 103 | 104 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 105 | 105 | 100 |
Carrollwood Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Carrollwood Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Carrollwood, 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 2020-2024. The key points are:
The Median Home Value in Carrollwood is $402,449.
The Median Rent in Carrollwood is $1,715.
The Median Income in Carrollwood is $81,959.
The Home Value To Income in Carrollwood is 4.9x.
The Rent To Monthly Income in Carrollwood is 0.25x.
| Statistic | Carrollwood | Florida | United States |
|---|---|---|---|
| Median Home Value | $402,449 | $375,661 | $332,700 |
| Median Rent | $1,715 | $1,669 | $1,413 |
| Median Income | $81,959 | $74,568 | $80,734 |
| Home Value To Income | 4.9x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.25x | 0.27x | 0.21x |
Carrollwood, FL Costs By Category
Detailed Carrollwood Services costs vs. Florida
| Item | Carrollwood | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $8.61 | $12.13 |
| Bowling | $19.67 | $18 |
| Haircut | $15.67 | $24.26 |
| Beauty Salon | $54.72 | $45.56 |
Detailed Carrollwood Groceries costs vs. Florida
| Item | Carrollwood | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.34 | $4.93 |
| Pizza | $8.38 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Carrollwood Health costs vs. Florida
| Item | Carrollwood | Florida |
|---|---|---|
| Optometrist | $146.67 | $125.68 |
| Doctor | $122.32 | $135.78 |
| Dentist | $103.33 | $113.29 |
Detailed Carrollwood Transportation costs vs. Florida
| Item | Carrollwood | Florida |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $57.28 | $59.92 |
Detailed Carrollwood Utilities costs vs. Florida
| Item | Carrollwood | Florida |
|---|---|---|
| All Electricity | $219.66 | $193.99 |
| Phone | $194.37 | $192.25 |
Carrollwood SnackAbility
Cost Of Living In Cities Around Carrollwood
The cost of living varies in the cities and towns around Carrollwood. Here's a quick look at the cost of living in the most populous nearby places:
Tampa, FL has a cost of living index of 116, 1.0x Carrollwood.
Palm Harbor, FL has a cost of living index of 114, 1.0x Carrollwood.
Pinellas Park, FL has a cost of living index of 102, 0.9x Carrollwood.
| City | Population | Cost Of Living | Vs. Carrollwood |
|---|---|---|---|
| Tampa, FL | 401,618 | 116 | 1.0x |
| Palm Harbor, FL | 61,512 | 114 | 1.0x |
| Pinellas Park, FL | 53,560 | 102 | 0.9x |
| Valrico, FL | 40,239 | 115 | 1.0x |
| Egypt Lake-Leto, FL | 35,873 | 104 | 0.9x |
| Lake Magdalene, FL | 32,083 | 111 | 1.0x |
| Citrus Park, FL | 28,804 | 119 | 1.0x |
| Lutz, FL | 27,106 | 122 | 1.1x |
| Northdale, FL | 25,710 | 117 | 1.0x |
| Westchase, FL | 24,885 | 128 | 1.1x |
