Carrollwood, FL Cost Of Living
Cost Of Living In Carrollwood, FL Summary
Cost of living in Carrollwood 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 Carrollwood 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 Carrollwood is 110, with 100 being the average.
The cost of living index in Carrollwood is 1.1x higher than the national average.
Carrollwood ranks as the #266 cheapest in Florida out of 459.
Carrollwood ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Carrollwood is $424,866.
The median income in Carrollwood is $76,723.
Table Of Contents
Carrollwood's Overall Cost Of Living
Higher Than The National Average
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 110, 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 97.
The standard of living in Carrollwood ranks as #266 most affordable out of the 459 places we measured in Florida. By definition, that implies Carrollwood ranks as the #193 most expensive place in the Sunshine State.
For more reading on life in Carrollwood, check out:
In Florida
In America
Carrollwood Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Carrollwood. Here is how it fairs on each of the criteria:
The Services index in Carrollwood is 91.
The Groceries index in Carrollwood is 99.
The Health index in Carrollwood is 90.
The Housing index in Carrollwood is 138.
The Transportation index in Carrollwood is 100.
The Utilities index in Carrollwood is 99.
| Living Expense | Carrollwood | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 97 | 100 | |
| Services | 91 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 138 | 96 | 100 | |
| Transportation | 100 | 97 | 100 | |
| Utilities | 99 | 95 | 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 2019-2023. The key points are:
The Median Home Value in Carrollwood is $424,866.
The Median Rent in Carrollwood is $1,512.
The Median Income in Carrollwood is $76,723.
The Home Value To Income in Carrollwood is 5.5x.
The Rent To Monthly Income in Carrollwood is 0.24x.
| Statistic | Carrollwood | Florida | United States |
|---|---|---|---|
| Median Home Value | $424,866 | $377,066 | $303,400 |
| Median Rent | $1,512 | $1,564 | $1,348 |
| Median Income | $76,723 | $71,711 | $78,538 |
| Home Value To Income | 5.5x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
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
/10
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 107, 1.0x Carrollwood.
Palm Harbor, FL has a cost of living index of 109, 1.0x Carrollwood.
Pinellas Park, FL has a cost of living index of 98, 0.9x Carrollwood.
| City | Population | Cost Of Living | Vs. Carrollwood |
|---|---|---|---|
| Tampa, FL | 393,389 | 107 | 1.0x |
| Palm Harbor, FL | 61,454 | 109 | 1.0x |
| Pinellas Park, FL | 53,423 | 98 | 0.9x |
| Valrico, FL | 38,820 | 109 | 1.0x |
| Egypt Lake-Leto, FL | 35,709 | 100 | 0.9x |
| Lake Magdalene, FL | 31,733 | 104 | 0.9x |
| Citrus Park, FL | 28,163 | 113 | 1.0x |
| Lutz, FL | 26,731 | 119 | 1.1x |
| Northdale, FL | 25,420 | 113 | 1.0x |
| Westchase, FL | 24,818 | 123 | 1.1x |
