Cost of living in Meadow Woods 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 Meadow Woods 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 Meadow Woods is 109, with 100 being the average.
The cost of living index in Meadow Woods is 1.1x higher than the national average.
Meadow Woods ranks as the #250 cheapest in Florida out of 459.
Meadow Woods ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Meadow Woods is $407,927.
The median income in Meadow Woods is $77,124.
According to the most recent data on the cost of living, Meadow Woods has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Florida, Meadow Woods has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Meadow Woods ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Meadow Woods ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Meadow Woods, check out:
Six factors go into calculating the cost of living index in Meadow Woods. Here is how it fairs on each of the criteria:
The Services index in Meadow Woods is 99.
The Groceries index in Meadow Woods is 97.
The Health index in Meadow Woods is 92.
The Housing index in Meadow Woods is 142.
The Transportation index in Meadow Woods is 96.
The Utilities index in Meadow Woods is 91.
| Living Expense | Meadow Woods | Florida | National Average | |
|---|---|---|---|---|
| Overall | 109 | 97 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 142 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 91 | 95 | 100 | |
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 Meadow Woods is $407,927.
The Median Rent in Meadow Woods is $1,859.
The Median Income in Meadow Woods is $77,124.
The Home Value To Income in Meadow Woods is 5.3x.
The Rent To Monthly Income in Meadow Woods is 0.29x.
| Statistic | Meadow Woods | Florida | United States |
|---|---|---|---|
| Median Home Value | $407,927 | $377,066 | $303,400 |
| Median Rent | $1,859 | $1,564 | $1,348 |
| Median Income | $77,124 | $71,711 | $78,538 |
| Home Value To Income | 5.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.29x | 0.26x | 0.21x |
| Item | Meadow Woods | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
| Item | Meadow Woods | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
| Item | Meadow Woods | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
| Item | Meadow Woods | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
| Item | Meadow Woods | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
The cost of living varies in the cities and towns around Meadow Woods. Here's a quick look at the cost of living in the most populous nearby places:
Orlando, FL has a cost of living index of 111, 1.0x Meadow Woods.
Alafaya, FL has a cost of living index of 115, 1.1x Meadow Woods.
Ocoee, FL has a cost of living index of 113, 1.0x Meadow Woods.
| City | Population | Cost Of Living | Vs. Meadow Woods |
|---|---|---|---|
| Orlando, FL | 311,732 | 111 | 1.0x |
| Alafaya, FL | 90,874 | 115 | 1.1x |
| Ocoee, FL | 47,885 | 113 | 1.0x |
| Winter Garden, FL | 47,182 | 117 | 1.1x |
| Buenaventura Lakes, FL | 32,310 | 106 | 1.0x |
| Winter Park, FL | 29,929 | 136 | 1.2x |
| Hunters Creek, FL | 21,255 | 119 | 1.1x |
| Maitland, FL | 19,268 | 126 | 1.2x |
| Lockhart, FL | 14,753 | 101 | 0.9x |
| Southchase, FL | 14,149 | 110 | 1.0x |