Ives Estates, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 97, with 100 being the average.

  • The cost of living index in Ives Estates is 1.0x lower than the national average.

  • Ives Estates ranks as the #203 cheapest in Florida out of 459.

  • Ives Estates ranks as the #2,747 cheapest out of 6,412 in the US.

  • The median home value in Ives Estates is $197,700.

  • The median income in Ives Estates is $60,956.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
97
Ives Estates's Overall Cost Of Living
1.0x
Lower 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 97, which is 1.0x lower than the national index of 100.

Compared to Florida, Ives Estates has a cost of living index that's 1.0x lower than Florida's index of 101.

The standard of living in Ives Estates ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Ives Estates ranks as the #256 most expensive place in the Sunshine State.

For more reading on life in Ives Estates, check out:

203 out of 459
In Florida
2,747 out of 6,412
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 101.

  • The Groceries index in Ives Estates is 116.

  • The Health index in Ives Estates is 105.

  • The Housing index in Ives Estates is 87.

  • The Transportation index in Ives Estates is 108.

  • The Utilities index in Ives Estates is 97.

Living Expense Ives Estates Florida National Average
Overall 97 101 100
Services 101 98 100
Groceries 116 101 100
Health 105 96 100
Housing 87 108 100
Transportation 108 98 100
Utilities 97 100 100
For more reading on cost of living around Florida, check out:
Ives Estates Cost of Living Vs. FL

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 2017-2021. The key points are:

  • The Median Home Value in Ives Estates is $197,700.

  • The Median Rent in Ives Estates is $1,670.

  • The Median Income in Ives Estates is $60,956.

  • The Home Value To Income in Ives Estates is 3.2x.

  • The Rent To Monthly Income in Ives Estates is 0.33x.

Statistic Ives Estates Florida United States
Median Home Value $197,700 $248,700 $244,900
Median Rent $1,670 $1,301 $1,163
Median Income $60,956 $61,777 $69,021
Home Value To Income 3.2x 4.0x 3.5x
Rent To Monthly Income 0.33x 0.25x 0.2x
Search Homes For Sale In Ives Estates, FL
$197,700
Median Home Value
$1,670
Median Rent
$60,956
Median Income

Ives Estates, FL Costs By Category

Detailed Ives Estates Services Costs Vs. Florida

Item Ives Estates Florida
Shampoo $1.07 $1.06
Movie $11.82 $10.68
Bowling $20.88 $14.67
Haircut $14.47 $18.62
Beauty Salon $65.03 $39.05

Detailed Ives Estates Groceries Costs Vs. Florida

Item Ives Estates Florida
Ground Beef $4.66 $4.22
Fried Chicken $1.62 $1.39
Milk $2.96 $2.05
Potatoes $4.99 $3.29
Pizza $8.99 $10.62
Beer $10.84 $9.38
Toothpaste $2.04 $2.34

Detailed Ives Estates Health Costs Vs. Florida

Item Ives Estates Florida
Optometrist $135.56 $108.57
Doctor $102.25 $116.17
Dentist $106.04 $99.13

Detailed Ives Estates Transportation Costs Vs. Florida

Item Ives Estates Florida
Gasoline $2.24 $2.22
Tire Balancing $63.76 $50.07

Detailed Ives Estates Utilities Costs Vs. Florida

Item Ives Estates Florida
All Electricity $162.2 $167.67
Phone $188.17 $175.64

Ives Estates SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
9.5
Safety
N/A
Amenities
9.5
Education
8
Commute
4

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 113, 1.2x Ives Estates.

  • Miami Gardens, FL has a cost of living index of 102, 1.1x Ives Estates.

  • Davie, FL has a cost of living index of 111, 1.1x Ives Estates.

City Population Cost Of Living Vs. Ives Estates
Pembroke Pines, FL 170,346 113 1.2x
Miami Gardens, FL 111,706 102 1.1x
Davie, FL 104,782 111 1.1x
Weston, FL 68,148 137 1.4x
Tamiami, FL 54,525 116 1.2x
Coral Gables, FL 49,269 164 1.7x
North Miami Beach, FL 43,357 101 1.0x
Hallandale Beach, FL 41,004 102 1.1x
Aventura, FL 39,734 122 1.3x
Golden Glades, FL 33,930 101 1.0x

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