Florida Ridge, FL Cost Of Living
Cost Of Living In Florida Ridge, FL Summary
Cost of living in Florida Ridge 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 Florida Ridge 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 Florida Ridge is 97, with 100 being the average.
The cost of living index in Florida Ridge is 1.0x lower than the national average.
Florida Ridge ranks as the #114 cheapest in Florida out of 459.
Florida Ridge ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Florida Ridge is $290,630.
The median income in Florida Ridge is $64,956.
Table Of Contents
Florida Ridge's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Florida Ridge, FL?
According to the most recent data on the cost of living, Florida Ridge has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Florida Ridge has a cost of living index that's 1.0x lower than Florida's index of 97.
The standard of living in Florida Ridge ranks as #114 most affordable out of the 459 places we measured in Florida. By definition, that implies Florida Ridge ranks as the #345 most expensive place in the Sunshine State.
For more reading on life in Florida Ridge, check out:
In Florida
In America
Florida Ridge Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Florida Ridge. Here is how it fairs on each of the criteria:
The Services index in Florida Ridge is 93.
The Groceries index in Florida Ridge is 99.
The Health index in Florida Ridge is 97.
The Housing index in Florida Ridge is 92.
The Transportation index in Florida Ridge is 96.
The Utilities index in Florida Ridge is 110.
| Living Expense | Florida Ridge | Florida | National Average | |
|---|---|---|---|---|
| Overall | 97 | 97 | 100 | |
| Services | 93 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 97 | 98 | 100 | |
| Housing | 92 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 110 | 95 | 100 | |
Florida Ridge, 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 Florida Ridge is $290,630.
The Median Rent in Florida Ridge is $1,209.
The Median Income in Florida Ridge is $64,956.
The Home Value To Income in Florida Ridge is 4.5x.
The Rent To Monthly Income in Florida Ridge is 0.22x.
| Statistic | Florida Ridge | Florida | United States |
|---|---|---|---|
| Median Home Value | $290,630 | $377,066 | $303,400 |
| Median Rent | $1,209 | $1,564 | $1,348 |
| Median Income | $64,956 | $71,711 | $78,538 |
| Home Value To Income | 4.5x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Florida Ridge, FL Costs By Category
Detailed Florida Ridge Services Costs Vs. Florida
| Item | Florida Ridge | Florida |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $13.1 | $12.13 |
| Bowling | $14.75 | $18 |
| Haircut | $21.0 | $24.26 |
| Beauty Salon | $56.83 | $45.56 |
Detailed Florida Ridge Groceries Costs Vs. Florida
| Item | Florida Ridge | Florida |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $12.62 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Florida Ridge Health Costs Vs. Florida
| Item | Florida Ridge | Florida |
|---|---|---|
| Optometrist | $78.2 | $125.68 |
| Doctor | $139.8 | $135.78 |
| Dentist | $132.83 | $113.29 |
Detailed Florida Ridge Transportation Costs Vs. Florida
| Item | Florida Ridge | Florida |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $54.85 | $59.92 |
Detailed Florida Ridge Utilities Costs Vs. Florida
| Item | Florida Ridge | Florida |
|---|---|---|
| All Electricity | $144.67 | $193.99 |
| Phone | $196.14 | $192.25 |
Florida Ridge SnackAbility
/10
Cost Of Living In Cities Around Florida Ridge
The cost of living varies in the cities and towns around Florida Ridge. Here's a quick look at the cost of living in the most populous nearby places:
Fort Pierce, FL has a cost of living index of 91, 0.9x Florida Ridge.
Vero Beach South, FL has a cost of living index of 101, 1.0x Florida Ridge.
Sebastian, FL has a cost of living index of 102, 1.1x Florida Ridge.
| City | Population | Cost Of Living | Vs. Florida Ridge |
|---|---|---|---|
| Fort Pierce, FL | 48,094 | 91 | 0.9x |
| Vero Beach South, FL | 29,365 | 101 | 1.0x |
| Sebastian, FL | 25,759 | 102 | 1.1x |
| Vero Beach, FL | 16,785 | 110 | 1.1x |
| Lakewood Park, FL | 14,077 | 97 | 1.0x |
| West Vero Corridor, FL | 10,802 | 90 | 0.9x |
| Fort Pierce North, FL | 7,023 | 89 | 0.9x |
