Ives Estates, FL Cost Of Living
Cost Of Living In Ives Estates, FL Summary
Cost of living in Ives Estates 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 Ives Estates 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 Ives Estates is 106, with 100 being the average.
The cost of living index in Ives Estates is 1.1x higher than the national average.
Ives Estates ranks as the #217 cheapest in Florida out of 459.
Ives Estates ranks as the #3,278 cheapest out of 6,489 in the US.
The median home value in Ives Estates is $357,447.
The median income in Ives Estates is $67,841.
Table Of Contents
Ives Estates's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Ives Estates, FL?
According to the most recent data on the cost of living, Ives Estates has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.
Compared to Florida, Ives Estates has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Ives Estates ranks as #217 most affordable out of the 459 places we measured in Florida. By definition, that implies Ives Estates ranks as the #242 most expensive place in the Sunshine State.
For more reading on life in Ives Estates, check out:
In Florida
In America
Ives Estates Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Ives Estates. Here is how it fairs on each of the criteria:
The Services index in Ives Estates is 106.
The Groceries index in Ives Estates is 105.
The Health index in Ives Estates is 94.
The Housing index in Ives Estates is 117.
The Transportation index in Ives Estates is 101.
The Utilities index in Ives Estates is 103.
| Living Expense | Ives Estates | Florida | National Average | |
|---|---|---|---|---|
| Overall | 106 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 94 | 98 | 100 | |
| Housing | 117 | 96 | 100 | |
| Transportation | 101 | 97 | 100 | |
| Utilities | 103 | 95 | 100 | |
Ives Estates, 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 Ives Estates is $357,447.
The Median Rent in Ives Estates is $1,979.
The Median Income in Ives Estates is $67,841.
The Home Value To Income in Ives Estates is 5.3x.
The Rent To Monthly Income in Ives Estates is 0.35x.
| Statistic | Ives Estates | Florida | United States |
|---|---|---|---|
| Median Home Value | $357,447 | $377,066 | $303,400 |
| Median Rent | $1,979 | $1,564 | $1,348 |
| Median Income | $67,841 | $71,711 | $78,538 |
| Home Value To Income | 5.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.35x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Ives Estates, FL Costs By Category
Detailed Ives Estates Services Costs Vs. Florida
| Item | Ives Estates | Florida |
|---|---|---|
| Shampoo | $1.49 | $1.28 |
| Movie | $13.42 | $12.13 |
| Bowling | $23.13 | $18 |
| Haircut | $22.18 | $24.26 |
| Beauty Salon | $73.78 | $45.56 |
Detailed Ives Estates Groceries Costs Vs. Florida
| Item | Ives Estates | Florida |
|---|---|---|
| Ground Beef | $5.79 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.27 | $4.93 |
| Pizza | $14.0 | $12.09 |
| Beer | $11.23 | $10.41 |
| Toothpaste | $3.5 | $3.7 |
Detailed Ives Estates Health Costs Vs. Florida
| Item | Ives Estates | Florida |
|---|---|---|
| Optometrist | $113.16 | $125.68 |
| Doctor | $114.67 | $135.78 |
| Dentist | $106.72 | $113.29 |
Detailed Ives Estates Transportation Costs Vs. Florida
| Item | Ives Estates | Florida |
|---|---|---|
| Gasoline | $3.43 | $3.46 |
| Tire Balancing | $63.46 | $59.92 |
Detailed Ives Estates Utilities Costs Vs. Florida
| Item | Ives Estates | Florida |
|---|---|---|
| All Electricity | $200.94 | $193.99 |
| Phone | $194.37 | $192.25 |
Ives Estates SnackAbility
/10
Cost Of Living In Cities Around Ives Estates
The cost of living varies in the cities and towns around Ives Estates. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 122, 1.2x Ives Estates.
Miami Gardens, FL has a cost of living index of 111, 1.0x Ives Estates.
Davie, FL has a cost of living index of 122, 1.2x Ives Estates.
| City | Population | Cost Of Living | Vs. Ives Estates |
|---|---|---|---|
| Pembroke Pines, FL | 170,557 | 122 | 1.2x |
| Miami Gardens, FL | 111,264 | 111 | 1.0x |
| Davie, FL | 106,412 | 122 | 1.2x |
| Weston, FL | 67,952 | 152 | 1.4x |
| Tamiami, FL | 51,201 | 124 | 1.2x |
| Coral Gables, FL | 49,243 | 188 | 1.8x |
| North Miami Beach, FL | 43,104 | 110 | 1.0x |
| Hallandale Beach, FL | 41,224 | 108 | 1.0x |
| Aventura, FL | 39,372 | 131 | 1.2x |
| Golden Glades, FL | 35,042 | 115 | 1.1x |
