Homosassa Springs, FL Cost Of Living
Cost Of Living In Homosassa Springs, FL Summary
Cost of living in Homosassa Springs 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 Homosassa Springs 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 Homosassa Springs is 82, with 100 being the average.
The cost of living index in Homosassa Springs is 0.8x lower than the national average.
Homosassa Springs ranks as the #4 cheapest in Florida out of 459.
Homosassa Springs ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Homosassa Springs is $94,900.
The median income in Homosassa Springs is $41,250.
Table Of Contents
Homosassa Springs's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Homosassa Springs, FL?
According to the most recent data on the cost of living, Homosassa Springs has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Florida, Homosassa Springs has a cost of living index that's 0.8x lower than Florida's index of 101.
The standard of living in Homosassa Springs ranks as #4 most affordable out of the 459 places we measured in Florida. By definition, that implies Homosassa Springs ranks as the #455 most expensive place in the Sunshine State.
For more reading on life in Homosassa Springs, check out:
- Living In Homosassa Springs
- Search Homes For Sale In Homosassa Springs, FL
In Florida
In America
Homosassa Springs Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Homosassa Springs. Here is how it fairs on each of the criteria:
The Services index in Homosassa Springs is 100.
The Groceries index in Homosassa Springs is 105.
The Health index in Homosassa Springs is 98.
The Housing index in Homosassa Springs is 49.
The Transportation index in Homosassa Springs is 98.
The Utilities index in Homosassa Springs is 101.
| Living Expense | Homosassa Springs | Florida | National Average | |
|---|---|---|---|---|
| Overall | 82 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 105 | 101 | 100 | |
| Health | 98 | 96 | 100 | |
| Housing | 49 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Homosassa Springs, 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 2017-2021. The key points are:
The Median Home Value in Homosassa Springs is $94,900.
The Median Rent in Homosassa Springs is $767.
The Median Income in Homosassa Springs is $41,250.
The Home Value To Income in Homosassa Springs is 2.3x.
The Rent To Monthly Income in Homosassa Springs is 0.22x.
| Statistic | Homosassa Springs | Florida | United States |
|---|---|---|---|
| Median Home Value | $94,900 | $248,700 | $244,900 |
| Median Rent | $767 | $1,301 | $1,163 |
| Median Income | $41,250 | $61,777 | $69,021 |
| Home Value To Income | 2.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Homosassa Springs, FL Costs By Category
Detailed Homosassa Springs Services Costs Vs. Florida
| Item | Homosassa Springs | Florida |
|---|---|---|
| Shampoo | $1.04 | $1.06 |
| Movie | $12.72 | $10.68 |
| Bowling | $16.33 | $14.67 |
| Haircut | $15.08 | $18.62 |
| Beauty Salon | $37.26 | $39.05 |
Detailed Homosassa Springs Groceries Costs Vs. Florida
| Item | Homosassa Springs | Florida |
|---|---|---|
| Ground Beef | $5.29 | $4.22 |
| Fried Chicken | $1.74 | $1.39 |
| Milk | $2.66 | $2.05 |
| Potatoes | $3.51 | $3.29 |
| Pizza | $10.25 | $10.62 |
| Beer | $10.69 | $9.38 |
| Toothpaste | $2.82 | $2.34 |
Detailed Homosassa Springs Health Costs Vs. Florida
| Item | Homosassa Springs | Florida |
|---|---|---|
| Optometrist | $99.12 | $108.57 |
| Doctor | $99.22 | $116.17 |
| Dentist | $105.57 | $99.13 |
Detailed Homosassa Springs Transportation Costs Vs. Florida
| Item | Homosassa Springs | Florida |
|---|---|---|
| Gasoline | $2.11 | $2.22 |
| Tire Balancing | $55.26 | $50.07 |
Detailed Homosassa Springs Utilities Costs Vs. Florida
| Item | Homosassa Springs | Florida |
|---|---|---|
| All Electricity | $165.98 | $167.67 |
| Phone | $189.52 | $175.64 |
Homosassa Springs SnackAbility
/10
Cost Of Living In Cities Around Homosassa Springs
The cost of living varies in the cities and towns around Homosassa Springs. Here's a quick look at the cost of living in the most populous nearby places:
Spring Hill, FL has a cost of living index of 93, 1.1x Homosassa Springs.
The Villages, FL has a cost of living index of 108, 1.3x Homosassa Springs.
Wesley Chapel, FL has a cost of living index of 103, 1.3x Homosassa Springs.
| City | Population | Cost Of Living | Vs. Homosassa Springs |
|---|---|---|---|
| Spring Hill, FL | 114,706 | 93 | 1.1x |
| The Villages, FL | 76,415 | 108 | 1.3x |
| Wesley Chapel, FL | 65,134 | 103 | 1.3x |
| Land O' Lakes, FL | 38,674 | 104 | 1.3x |
| East Lake, FL | 32,714 | 114 | 1.4x |
| Keystone, FL | 25,397 | 125 | 1.5x |
| Northdale, FL | 24,924 | 102 | 1.2x |
| Lutz, FL | 23,827 | 104 | 1.3x |
| Trinity, FL | 18,191 | 116 | 1.4x |
| Lady Lake, FL | 15,683 | 92 | 1.1x |
