Cost of living in Elfers 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 Elfers 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 Elfers is 86, with 100 being the average.
The cost of living index in Elfers is 0.9x lower than the national average.
Elfers ranks as the #30 cheapest in Florida out of 459.
Elfers ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Elfers is $108,000.
The median income in Elfers is $44,610.
According to the most recent data on the cost of living, Elfers has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Florida, Elfers has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Elfers ranks as #30 most affordable out of the 459 places we measured in Florida. By definition, that implies Elfers ranks as the #429 most expensive place in the Sunshine State.
For more reading on life in Elfers, check out:
Six factors go into calculating the cost of living index in Elfers. Here is how it fairs on each of the criteria:
The Services index in Elfers is 96.
The Groceries index in Elfers is 103.
The Health index in Elfers is 99.
The Housing index in Elfers is 56.
The Transportation index in Elfers is 101.
The Utilities index in Elfers is 100.
|Living Expense||Elfers||Florida||National Average|
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 Elfers is $108,000.
The Median Rent in Elfers is $1,138.
The Median Income in Elfers is $44,610.
The Home Value To Income in Elfers is 2.4x.
The Rent To Monthly Income in Elfers is 0.31x.
|Median Home Value||$108,000||$248,700||$244,900|
|Home Value To Income||2.4x||4.0x||3.5x|
|Rent To Monthly Income||0.31x||0.25x||0.2x|
The cost of living varies in the cities and towns around Elfers. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 100, 1.2x Elfers.
Carrollwood, FL has a cost of living index of 100, 1.2x Elfers.
East Lake, FL has a cost of living index of 114, 1.3x Elfers.
|City||Population||Cost Of Living||Vs. Elfers|
|Palm Harbor, FL||60,682||100||1.2x|
|East Lake, FL||32,714||114||1.3x|
|Citrus Park, FL||27,440||101||1.2x|
|Tarpon Springs, FL||25,138||96||1.1x|
|Jasmine Estates, FL||23,334||85||1.0x|