Clearwater, FL Cost Of Living
Cost Of Living In Clearwater, FL Summary
Cost of living in Clearwater 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 Clearwater 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 Clearwater is 105, with 100 being the average.
The cost of living index in Clearwater is 1.1x higher than the national average.
Clearwater ranks as the #205 cheapest in Florida out of 459.
Clearwater ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Clearwater is $340,701.
The median income in Clearwater is $64,440.
Table Of Contents
Clearwater's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Clearwater, FL?
According to the most recent data on the cost of living, Clearwater has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Florida, Clearwater has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Clearwater ranks as #205 most affordable out of the 459 places we measured in Florida. By definition, that implies Clearwater ranks as the #254 most expensive place in the Sunshine State.
For more reading on life in Clearwater, check out:
In Florida
In America
Clearwater Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Clearwater. Here is how it fairs on each of the criteria:
The Services index in Clearwater is 94.
The Groceries index in Clearwater is 101.
The Health index in Clearwater is 92.
The Housing index in Clearwater is 121.
The Transportation index in Clearwater is 101.
The Utilities index in Clearwater is 101.
| Living Expense | Clearwater | Florida | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 94 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 121 | 96 | 100 | |
| Transportation | 101 | 97 | 100 | |
| Utilities | 101 | 95 | 100 | |
Clearwater, 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 Clearwater is $340,701.
The Median Rent in Clearwater is $1,539.
The Median Income in Clearwater is $64,440.
The Home Value To Income in Clearwater is 5.3x.
The Rent To Monthly Income in Clearwater is 0.29x.
| Statistic | Clearwater | Florida | United States |
|---|---|---|---|
| Median Home Value | $340,701 | $377,066 | $303,400 |
| Median Rent | $1,539 | $1,564 | $1,348 |
| Median Income | $64,440 | $71,711 | $78,538 |
| Home Value To Income | 5.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.29x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Clearwater, FL Costs By Category
Detailed Clearwater Services Costs Vs. Florida
| Item | Clearwater | 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 Clearwater Groceries Costs Vs. Florida
| Item | Clearwater | 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 Clearwater Health Costs Vs. Florida
| Item | Clearwater | Florida |
|---|---|---|
| Optometrist | $146.67 | $125.68 |
| Doctor | $122.32 | $135.78 |
| Dentist | $103.33 | $113.29 |
Detailed Clearwater Transportation Costs Vs. Florida
| Item | Clearwater | Florida |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $57.28 | $59.92 |
Detailed Clearwater Utilities Costs Vs. Florida
| Item | Clearwater | Florida |
|---|---|---|
| All Electricity | $219.66 | $193.99 |
| Phone | $194.37 | $192.25 |
Clearwater SnackAbility
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Cost Of Living In Cities Around Clearwater
The cost of living varies in the cities and towns around Clearwater. Here's a quick look at the cost of living in the most populous nearby places:
Largo, FL has a cost of living index of 95, 0.9x Clearwater.
Palm Harbor, FL has a cost of living index of 109, 1.0x Clearwater.
Pinellas Park, FL has a cost of living index of 98, 0.9x Clearwater.
| City | Population | Cost Of Living | Vs. Clearwater |
|---|---|---|---|
| Largo, FL | 82,506 | 95 | 0.9x |
| Palm Harbor, FL | 61,454 | 109 | 1.0x |
| Pinellas Park, FL | 53,423 | 98 | 0.9x |
| Dunedin, FL | 36,060 | 105 | 1.0x |
| Carrollwood, FL | 35,645 | 110 | 1.0x |
| Citrus Park, FL | 28,163 | 113 | 1.1x |
| Keystone, FL | 26,723 | 131 | 1.2x |
| Northdale, FL | 25,420 | 113 | 1.1x |
| Trinity, FL | 19,296 | 121 | 1.2x |
| Safety Harbor, FL | 17,040 | 111 | 1.1x |
