Inwood, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
83
Inwood's Overall Cost Of Living
0.8x
Lower Than The National Average
11 out of 459
In Florida
491 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Inwood is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Inwood, FL?

According to the most recent data on the cost of living, Inwood has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Florida, Inwood has a cost of living index that's 0.8x lower than Florida's index of 98.

The standard of living in Inwood ranks as #491 most affordable out of the 6,418 places we measured in Florida. By definition, that implies Inwood ranks as the #5,927 most expensive place in the Sunshine State.

For more reading on life in Inwood, check out:

Inwood Cost Of Living Vs. Florida

Living Expense Inwood Florida National Average
Overall 83 98 100
Services 95 99 100
Groceries 102 107 100
Health 93 98 100
Housing 51 96 100
Transportation 98 102 100
Utilities 102 106 100
For more reading on cost of living around Florida, check out:
Inwood Cost of Living Vs. FL

Inwood, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$87,100
Median Home Value
$791
Median Rent
$29,706
Median Income
Statistic Inwood Florida United States
Median Home Value $87,100 $232,000 $229,800
Median Rent $791 $1,218 $1,096
Median Income $29,706 $57,703 $64,994
Home Value To Income 2.9x 4.0x 3.5x
Rent To Monthly Income 0.32x 0.25x 0.2x

Detailed Inwood Services Costs Vs. Florida

Item Inwood Florida
Shampoo $1.0 $1.06
Movie $10.55 $10.68
Bowling $14.36 $14.67

Detailed Inwood Groceries Costs Vs. Florida

Item Inwood Florida
Ground Beef $4.46 $4.22
Fried Chicken $1.27 $1.39
Milk $2.39 $2.05

Detailed Inwood Health Costs Vs. Florida

Item Inwood Florida
Haircut $20.89 $18.62
Beauty Salon $54.17 $39.05
Toothpaste $1.89 $2.34

Detailed Inwood Transportation Costs Vs. Florida

Item Inwood Florida
Potatoes $3.42 $3.29
Pizza $9.66 $10.62
Beer $9.23 $9.38
Optometrist $100.39 $108.57
Doctor $83.46 $116.17
Dentist $97.71 $99.13

Detailed Inwood Utilities Costs Vs. Florida

Item Inwood Florida
Gasoline $2.1 $2.22
Tire Balancing $49.25 $50.07
All Electricity $164.06 $167.67
Phone $187.87 $175.64

Inwood SnackAbility

5
/10
Overall SnackAbility
Jobs
3/10
Housing
5
Affordability
5
Diversity
9.5
Safety
N/A
Amenities
8.5
Education
3
Commute
7

Cost Of Living In Cities Around Inwood

City Population Cost Of Living Vs. Inwood
Lakeland, FL 110,335 90 1.1x
Poinciana, FL 68,280 95 1.1x
Winter Haven, FL 42,933 89 1.1x
Bartow, FL 19,762 90 1.1x
Lake Wales, FL 16,515 88 1.1x
Auburndale, FL 16,230 90 1.1x
Lakeland Highlands, FL 11,575 105 1.3x
Highland, IL 10,122 88 1.1x
Cypress Gardens, FL 10,040 95 1.1x
Crystal Lake, FL 6,211 83 1.0x

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