Inverness Highlands South, FL Cost Of Living

The latest cost of living statistics for Inverness Highlands South. Includes statistics on rent, mortgages, healthcare, and other costs for Inverness Highlands South compared to the state and national averages.

Cost of living in Inverness Highlands South, Florida

Cost of living in Inverness Highlands South 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 Inverness Highlands South 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:

96 Cost of living index 1.0x lower vs US
#54 Cheapest in Florida (of 462)
#1,959 Cheapest in the U.S. (of 6,489)
$226,861 Median home value
$1,289 Median rent
$60,750 Median income
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What is the cost of living in Inverness Highlands South, FL?

According to the most recent data on the cost of living, Inverness Highlands South has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.

Compared to Florida, Inverness Highlands South has a cost of living index that's 0.9x lower than Florida's index of 104.

The standard of living in Inverness Highlands South ranks as #54 most affordable out of the 462 places we measured in Florida. By definition, that implies Inverness Highlands South ranks as the #408 most expensive place in the Sunshine State.

For more reading on life in Inverness Highlands South, check out:

Inverness Highlands South Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Inverness Highlands South. Here is how it fares on each of the criteria:

  • The Services index in Inverness Highlands South is 104.

  • The Groceries index in Inverness Highlands South is 105.

  • The Health index in Inverness Highlands South is 80.

  • The Housing index in Inverness Highlands South is 103.

  • The Transportation index in Inverness Highlands South is 107.

  • The Utilities index in Inverness Highlands South is 103.

Living Expense Inverness Highlands South Florida National Average
Overall 96 104 100
Services 104 101 100
Groceries 105 105 100
Health 80 99 100
Housing 103 104 100
Transportation 107 109 100
Utilities 103 105 100

Inverness Highlands South Cost Of Living Compared To Florida Averages

Services
Inverness Highlands South 104
Florida avg 101
Groceries
Inverness Highlands South 105
Florida avg 105
Health
Inverness Highlands South 80
Florida avg 99
Housing
Inverness Highlands South 103
Florida avg 104
Transportation
Inverness Highlands South 107
Florida avg 109
Utilities
Inverness Highlands South 103
Florida avg 105

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Florida, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Inverness Highlands South, FL Housing Cost Breakdown

$226,861Median Home Value
$1,289Median Rent
$60,750Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Inverness Highlands South is $226,861.

  • The Median Rent in Inverness Highlands South is $1,289.

  • The Median Income in Inverness Highlands South is $60,750.

  • The Home Value To Income in Inverness Highlands South is 3.7x.

  • The Rent To Monthly Income in Inverness Highlands South is 0.25x.

Statistic Inverness Highlands South Florida United States
Median Home Value $226,861 $375,661 $332,700
Median Rent $1,289 $1,669 $1,413
Median Income $60,750 $74,568 $80,734
Home Value To Income 3.7x 5.0x 4.1x
Rent To Monthly Income 0.25x 0.27x 0.21x

Inverness Highlands South, FL Costs By Category

Detailed Inverness Highlands South Services costs vs. Florida
Item Inverness Highlands South Florida
Shampoo $1.41 $1.28
Movie $13.48 $12.13
Bowling $16.89 $18
Haircut $22.56 $24.26
Beauty Salon $62.28 $45.56
Detailed Inverness Highlands South Groceries costs vs. Florida
Item Inverness Highlands South Florida
Ground Beef $5.76 $5.84
Fried Chicken $1.42 $1.57
Milk $4.55 $4.67
Potatoes $5.29 $4.93
Pizza $10.99 $12.09
Beer $11.0 $10.41
Toothpaste $3.65 $3.7
Detailed Inverness Highlands South Health costs vs. Florida
Item Inverness Highlands South Florida
Optometrist $80.94 $125.68
Doctor $125.35 $135.78
Dentist $103.14 $113.29
Detailed Inverness Highlands South Transportation costs vs. Florida
Item Inverness Highlands South Florida
Gasoline $3.36 $3.46
Tire Balancing $54.31 $59.92
Detailed Inverness Highlands South Utilities costs vs. Florida
Item Inverness Highlands South Florida
All Electricity $162.33 $193.99
Phone $192.62 $192.25

Inverness Highlands South SnackAbility

5Overall SnackAbility
Jobs 7/10
Housing 7/10
Affordability 6/10
Diversity 4/10
SafetyN/A
Amenities 8/10
Education 6/10
Commute 7/10

Cost Of Living In Cities Around Inverness Highlands South

The cost of living varies in the cities and towns around Inverness Highlands South. 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 101, 1.1x Inverness Highlands South.

  • The Villages, FL has a cost of living index of 120, 1.2x Inverness Highlands South.

  • Wesley Chapel, FL has a cost of living index of 116, 1.2x Inverness Highlands South.

City Population Cost Of Living Vs. Inverness Highlands South
Spring Hill, FL 119,983 101 1.1x
The Villages, FL 83,498 120 1.2x
Wesley Chapel, FL 76,011 116 1.2x
Apopka, FL 58,232 116 1.2x
Winter Garden, FL 47,872 119 1.2x
Land O' Lakes, FL 38,910 117 1.2x
Lutz, FL 27,106 122 1.3x
Keystone, FL 25,858 134 1.4x
Northdale, FL 25,710 117 1.2x
Trinity, FL 18,907 129 1.3x