Oviedo, FL Cost Of Living
Cost Of Living In Oviedo, FL Summary
Cost of living in Oviedo 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 Oviedo 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 Oviedo is 119, with 100 being the average.
The cost of living index in Oviedo is 1.2x higher than the national average.
Oviedo ranks as the #352 cheapest in Florida out of 459.
Oviedo ranks as the #4,349 cheapest out of 6,489 in the US.
The median home value in Oviedo is $504,992.
The median income in Oviedo is $114,092.
Table Of Contents
Oviedo's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Oviedo, FL?
According to the most recent data on the cost of living, Oviedo has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Florida, Oviedo has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Oviedo ranks as #352 most affordable out of the 459 places we measured in Florida. By definition, that implies Oviedo ranks as the #107 most expensive place in the Sunshine State.
For more reading on life in Oviedo, check out:
In Florida
In America
Oviedo Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Oviedo. Here is how it fairs on each of the criteria:
The Services index in Oviedo is 102.
The Groceries index in Oviedo is 96.
The Health index in Oviedo is 91.
The Housing index in Oviedo is 172.
The Transportation index in Oviedo is 94.
The Utilities index in Oviedo is 89.
| Living Expense | Oviedo | Florida | National Average | |
|---|---|---|---|---|
| Overall | 119 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 96 | 99 | 100 | |
| Health | 91 | 98 | 100 | |
| Housing | 172 | 96 | 100 | |
| Transportation | 94 | 97 | 100 | |
| Utilities | 89 | 95 | 100 | |
Oviedo, 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 2019-2023. The key points are:
The Median Home Value in Oviedo is $504,992.
The Median Rent in Oviedo is $1,963.
The Median Income in Oviedo is $114,092.
The Home Value To Income in Oviedo is 4.4x.
The Rent To Monthly Income in Oviedo is 0.21x.
Median Home Value
Median Rent
Median Income
Oviedo, FL Costs By Category
Detailed Oviedo Services Costs Vs. Florida
Detailed Oviedo Groceries Costs Vs. Florida
Detailed Oviedo Health Costs Vs. Florida
Detailed Oviedo Transportation Costs Vs. Florida
Detailed Oviedo Utilities Costs Vs. Florida
Oviedo SnackAbility
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Cost Of Living In Cities Around Oviedo
The cost of living varies in the cities and towns around Oviedo. Here's a quick look at the cost of living in the most populous nearby places:
Alafaya, FL has a cost of living index of 115, 1.0x Oviedo.
Winter Springs, FL has a cost of living index of 110, 0.9x Oviedo.
Winter Park, FL has a cost of living index of 136, 1.1x Oviedo.
| City | Population | Cost Of Living | Vs. Oviedo |
|---|---|---|---|
| Alafaya, FL | 90,874 | 115 | 1.0x |
| Winter Springs, FL | 38,448 | 110 | 0.9x |
| Winter Park, FL | 29,929 | 136 | 1.1x |
| Casselberry, FL | 29,473 | 101 | 0.8x |
| Wekiwa Springs, FL | 24,109 | 120 | 1.0x |
| Maitland, FL | 19,268 | 126 | 1.1x |
| Lake Mary, FL | 16,724 | 120 | 1.0x |
| Longwood, FL | 15,952 | 107 | 0.9x |
| Lockhart, FL | 14,753 | 101 | 0.8x |
| Conway, FL | 13,346 | 111 | 0.9x |
