Fernandina Beach, FL Cost Of Living
Cost Of Living In Fernandina Beach, FL Summary
Cost of living in Fernandina Beach 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 Fernandina Beach 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 Fernandina Beach is 114, with 100 being the average.
The cost of living index in Fernandina Beach is 1.1x higher than the national average.
Fernandina Beach ranks as the #317 cheapest in Florida out of 459.
Fernandina Beach ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Fernandina Beach is $606,803.
The median income in Fernandina Beach is $92,535.
Table Of Contents
Fernandina Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fernandina Beach, FL?
According to the most recent data on the cost of living, Fernandina Beach has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Florida, Fernandina Beach has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Fernandina Beach ranks as #317 most affordable out of the 459 places we measured in Florida. By definition, that implies Fernandina Beach ranks as the #142 most expensive place in the Sunshine State.
For more reading on life in Fernandina Beach, check out:
In Florida
In America
Fernandina Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Fernandina Beach. Here is how it fairs on each of the criteria:
The Services index in Fernandina Beach is 96.
The Groceries index in Fernandina Beach is 99.
The Health index in Fernandina Beach is 88.
The Housing index in Fernandina Beach is 163.
The Transportation index in Fernandina Beach is 85.
The Utilities index in Fernandina Beach is 102.
| Living Expense | Fernandina Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 114 | 97 | 100 | |
| Services | 96 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 88 | 98 | 100 | |
| Housing | 163 | 96 | 100 | |
| Transportation | 85 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
Fernandina Beach, 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 Fernandina Beach is $606,803.
The Median Rent in Fernandina Beach is $1,581.
The Median Income in Fernandina Beach is $92,535.
The Home Value To Income in Fernandina Beach is 6.6x.
The Rent To Monthly Income in Fernandina Beach is 0.21x.
| Statistic | Fernandina Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $606,803 | $377,066 | $303,400 |
| Median Rent | $1,581 | $1,564 | $1,348 |
| Median Income | $92,535 | $71,711 | $78,538 |
| Home Value To Income | 6.6x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Fernandina Beach, FL Costs By Category
Detailed Fernandina Beach Services Costs Vs. Florida
| Item | Fernandina Beach | Florida |
|---|---|---|
| Shampoo | $1.43 | $1.28 |
| Movie | $12.86 | $12.13 |
| Bowling | $20.93 | $18 |
| Haircut | $20.91 | $24.26 |
| Beauty Salon | $70.33 | $45.56 |
Detailed Fernandina Beach Groceries Costs Vs. Florida
| Item | Fernandina Beach | Florida |
|---|---|---|
| Ground Beef | $5.34 | $5.84 |
| Fried Chicken | $1.47 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.44 | $4.93 |
| Pizza | $10.39 | $12.09 |
| Beer | $11.31 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Fernandina Beach Health Costs Vs. Florida
| Item | Fernandina Beach | Florida |
|---|---|---|
| Optometrist | $86.6 | $125.68 |
| Doctor | $100.93 | $135.78 |
| Dentist | $102.03 | $113.29 |
Detailed Fernandina Beach Transportation Costs Vs. Florida
| Item | Fernandina Beach | Florida |
|---|---|---|
| Gasoline | $3.44 | $3.46 |
| Tire Balancing | $34.43 | $59.92 |
Detailed Fernandina Beach Utilities Costs Vs. Florida
| Item | Fernandina Beach | Florida |
|---|---|---|
| All Electricity | $193.67 | $193.99 |
| Phone | $194.82 | $192.25 |
Fernandina Beach SnackAbility
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Cost Of Living In Cities Around Fernandina Beach
The cost of living varies in the cities and towns around Fernandina Beach. Here's a quick look at the cost of living in the most populous nearby places:
Jacksonville, FL has a cost of living index of 99, 0.9x Fernandina Beach.
Fruit Cove, FL has a cost of living index of 123, 1.1x Fernandina Beach.
Lakeside, FL has a cost of living index of 96, 0.8x Fernandina Beach.
| City | Population | Cost Of Living | Vs. Fernandina Beach |
|---|---|---|---|
| Jacksonville, FL | 961,739 | 99 | 0.9x |
| Fruit Cove, FL | 35,609 | 123 | 1.1x |
| Lakeside, FL | 31,548 | 96 | 0.8x |
| Oakleaf Plantation, FL | 30,737 | 110 | 1.0x |
| Fleming Island, FL | 29,351 | 110 | 1.0x |
| Palm Valley, FL | 19,775 | 137 | 1.2x |
| Kingsland, GA | 19,101 | 96 | 0.8x |
| St. Marys, GA | 18,805 | 99 | 0.9x |
| Yulee, FL | 15,521 | 100 | 0.9x |
| Bellair-Meadowbrook Terrace, FL | 13,887 | 94 | 0.8x |
