Cost of living in Conway 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 Conway 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 Conway is 111, with 100 being the average.
The cost of living index in Conway is 1.1x higher than the national average.
Conway ranks as the #285 cheapest in Florida out of 459.
Conway ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Conway is $425,562.
The median income in Conway is $96,250.
According to the most recent data on the cost of living, Conway has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Conway has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Conway ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Conway ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Conway, check out:
Six factors go into calculating the cost of living index in Conway. Here is how it fairs on each of the criteria:
The Services index in Conway is 102.
The Groceries index in Conway is 97.
The Health index in Conway is 90.
The Housing index in Conway is 141.
The Transportation index in Conway is 96.
The Utilities index in Conway is 91.
| Living Expense | Conway | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 141 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 91 | 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 Conway is $425,562.
The Median Rent in Conway is $1,502.
The Median Income in Conway is $96,250.
The Home Value To Income in Conway is 4.4x.
The Rent To Monthly Income in Conway is 0.19x.
The cost of living varies in the cities and towns around Conway. Here's a quick look at the cost of living in the most populous nearby places:
Orlando, FL has a cost of living index of 111, 1.0x Conway.
Ocoee, FL has a cost of living index of 113, 1.0x Conway.
Winter Garden, FL has a cost of living index of 117, 1.1x Conway.
| City | Population | Cost Of Living | Vs. Conway |
|---|---|---|---|
| Orlando, FL | 311,732 | 111 | 1.0x |
| Ocoee, FL | 47,885 | 113 | 1.0x |
| Winter Garden, FL | 47,182 | 117 | 1.1x |
| Oviedo, FL | 39,990 | 119 | 1.1x |
| Winter Springs, FL | 38,448 | 110 | 1.0x |
| Winter Park, FL | 29,929 | 136 | 1.2x |
| Oak Ridge, FL | 24,395 | 95 | 0.9x |
| Wekiwa Springs, FL | 24,109 | 120 | 1.1x |
| Maitland, FL | 19,268 | 126 | 1.1x |
| Lake Mary, FL | 16,724 | 120 | 1.1x |