Cost of living in Largo 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 Largo 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 Largo is 91, with 100 being the average.
The cost of living index in Largo is 0.9x lower than the national average.
Largo ranks as the #106 cheapest in Florida out of 459.
Largo ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Largo is $152,800.
The median income in Largo is $50,948.
According to the most recent data on the cost of living, Largo has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Florida, Largo has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Largo ranks as #106 most affordable out of the 459 places we measured in Florida. By definition, that implies Largo ranks as the #353 most expensive place in the Sunshine State.
For more reading on life in Largo, check out:
Six factors go into calculating the cost of living index in Largo. Here is how it fairs on each of the criteria:
The Services index in Largo is 99.
The Groceries index in Largo is 105.
The Health index in Largo is 99.
The Housing index in Largo is 68.
The Transportation index in Largo is 99.
The Utilities index in Largo is 101.
|Living Expense||Largo||Florida||National Average|
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 Largo is $152,800.
The Median Rent in Largo is $1,211.
The Median Income in Largo is $50,948.
The Home Value To Income in Largo is 3.0x.
The Rent To Monthly Income in Largo is 0.29x.
|Median Home Value||$152,800||$248,700||$244,900|
|Home Value To Income||3.0x||4.0x||3.5x|
|Rent To Monthly Income||0.29x||0.25x||0.2x|
The cost of living varies in the cities and towns around Largo. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 100, 1.1x Largo.
Pinellas Park, FL has a cost of living index of 93, 1.0x Largo.
Carrollwood, FL has a cost of living index of 100, 1.1x Largo.
|City||Population||Cost Of Living||Vs. Largo|
|Palm Harbor, FL||60,682||100||1.1x|
|Pinellas Park, FL||53,130||93||1.0x|
|East Lake, FL||32,714||114||1.3x|
|Citrus Park, FL||27,440||101||1.1x|
|Safety Harbor, FL||17,093||104||1.1x|