Cost of living in Longwood 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 Longwood 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 Longwood is 97, with 100 being the average.
The cost of living index in Longwood is 1.0x lower than the national average.
Longwood ranks as the #203 cheapest in Florida out of 459.
Longwood ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Longwood is $241,900.
The median income in Longwood is $69,418.
According to the most recent data on the cost of living, Longwood has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Longwood has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Longwood ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Longwood ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Longwood, check out:
Six factors go into calculating the cost of living index in Longwood. Here is how it fairs on each of the criteria:
The Services index in Longwood is 96.
The Groceries index in Longwood is 102.
The Health index in Longwood is 91.
The Housing index in Longwood is 95.
The Transportation index in Longwood is 97.
The Utilities index in Longwood is 100.
|Living Expense||Longwood||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 Longwood is $241,900.
The Median Rent in Longwood is $1,353.
The Median Income in Longwood is $69,418.
The Home Value To Income in Longwood is 3.5x.
The Rent To Monthly Income in Longwood is 0.23x.
|Median Home Value||$241,900||$248,700||$244,900|
|Home Value To Income||3.5x||4.0x||3.5x|
|Rent To Monthly Income||0.23x||0.25x||0.2x|
The cost of living varies in the cities and towns around Longwood. Here's a quick look at the cost of living in the most populous nearby places:
Ocoee, FL has a cost of living index of 101, 1.0x Longwood.
Altamonte Springs, FL has a cost of living index of 94, 1.0x Longwood.
Oviedo, FL has a cost of living index of 106, 1.1x Longwood.
|City||Population||Cost Of Living||Vs. Longwood|
|Altamonte Springs, FL||45,732||94||1.0x|
|Winter Springs, FL||38,021||100||1.0x|
|Winter Park, FL||29,672||117||1.2x|
|Wekiwa Springs, FL||24,049||108||1.1x|
|Lake Mary, FL||16,459||111||1.1x|