Cost of living in North Port 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 North Port 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 North Port is 105, with 100 being the average.
The cost of living index in North Port is 1.1x higher than the national average.
North Port ranks as the #205 cheapest in Florida out of 459.
North Port ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in North Port is $308,497.
The median income in North Port is $81,940.
According to the most recent data on the cost of living, North Port has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Florida, North Port has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in North Port ranks as #205 most affordable out of the 459 places we measured in Florida. By definition, that implies North Port ranks as the #254 most expensive place in the Sunshine State.
For more reading on life in North Port, check out:
Six factors go into calculating the cost of living index in North Port. Here is how it fairs on each of the criteria:
The Services index in North Port is 102.
The Groceries index in North Port is 103.
The Health index in North Port is 101.
The Housing index in North Port is 120.
The Transportation index in North Port is 97.
The Utilities index in North Port is 101.
| Living Expense | North Port | Florida | National Average | |
|---|---|---|---|---|
| Overall | 105 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 103 | 99 | 100 | |
| Health | 101 | 98 | 100 | |
| Housing | 120 | 96 | 100 | |
| Transportation | 97 | 97 | 100 | |
| Utilities | 101 | 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 North Port is $308,497.
The Median Rent in North Port is $1,738.
The Median Income in North Port is $81,940.
The Home Value To Income in North Port is 3.8x.
The Rent To Monthly Income in North Port is 0.25x.
| Statistic | North Port | Florida | United States |
|---|---|---|---|
| Median Home Value | $308,497 | $377,066 | $303,400 |
| Median Rent | $1,738 | $1,564 | $1,348 |
| Median Income | $81,940 | $71,711 | $78,538 |
| Home Value To Income | 3.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.26x | 0.21x |
| Item | North Port | Florida |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $13.08 | $12.13 |
| Bowling | $16.72 | $18 |
| Haircut | $26.28 | $24.26 |
| Beauty Salon | $41.57 | $45.56 |
| Item | North Port | Florida |
|---|---|---|
| Ground Beef | $5.02 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $5.47 | $4.93 |
| Pizza | $10.96 | $12.09 |
| Beer | $10.58 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
| Item | North Port | Florida |
|---|---|---|
| Optometrist | $104.04 | $125.68 |
| Doctor | $122.85 | $135.78 |
| Dentist | $112.75 | $113.29 |
| Item | North Port | Florida |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $63.29 | $59.92 |
| Item | North Port | Florida |
|---|---|---|
| All Electricity | $149.04 | $193.99 |
| Phone | $193.01 | $192.25 |
The cost of living varies in the cities and towns around North Port. Here's a quick look at the cost of living in the most populous nearby places:
Port Charlotte, FL has a cost of living index of 103, 1.0x North Port.
Venice, FL has a cost of living index of 114, 1.1x North Port.
Punta Gorda, FL has a cost of living index of 120, 1.1x North Port.
| City | Population | Cost Of Living | Vs. North Port |
|---|---|---|---|
| Port Charlotte, FL | 64,971 | 103 | 1.0x |
| Venice, FL | 26,467 | 114 | 1.1x |
| Punta Gorda, FL | 19,886 | 120 | 1.1x |
| Englewood, FL | 19,385 | 104 | 1.0x |
| South Venice, FL | 17,399 | 107 | 1.0x |
| Rotonda, FL | 10,312 | 111 | 1.1x |
| Grove, OK | 7,101 | 92 | 0.9x |