Punta Gorda, FL Cost Of Living
Cost Of Living In Punta Gorda, FL Summary
Cost of living in Punta Gorda 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 Punta Gorda 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 Punta Gorda is 120, with 100 being the average.
The cost of living index in Punta Gorda is 1.2x higher than the national average.
Punta Gorda ranks as the #358 cheapest in Florida out of 459.
Punta Gorda ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Punta Gorda is $339,112.
The median income in Punta Gorda is $79,291.
Table Of Contents
Punta Gorda's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Punta Gorda, FL?
According to the most recent data on the cost of living, Punta Gorda has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Florida, Punta Gorda has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Punta Gorda ranks as #358 most affordable out of the 459 places we measured in Florida. By definition, that implies Punta Gorda ranks as the #101 most expensive place in the Sunshine State.
For more reading on life in Punta Gorda, check out:
In Florida
In America
Punta Gorda Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Punta Gorda. Here is how it fairs on each of the criteria:
The Services index in Punta Gorda is 106.
The Groceries index in Punta Gorda is 100.
The Health index in Punta Gorda is 110.
The Housing index in Punta Gorda is 167.
The Transportation index in Punta Gorda is 105.
The Utilities index in Punta Gorda is 95.
| Living Expense | Punta Gorda | Florida | National Average | |
|---|---|---|---|---|
| Overall | 120 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 110 | 98 | 100 | |
| Housing | 167 | 96 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 95 | 95 | 100 | |
Punta Gorda, 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 Punta Gorda is $339,112.
The Median Rent in Punta Gorda is $1,235.
The Median Income in Punta Gorda is $79,291.
The Home Value To Income in Punta Gorda is 4.3x.
The Rent To Monthly Income in Punta Gorda is 0.19x.
| Statistic | Punta Gorda | Florida | United States |
|---|---|---|---|
| Median Home Value | $339,112 | $377,066 | $303,400 |
| Median Rent | $1,235 | $1,564 | $1,348 |
| Median Income | $79,291 | $71,711 | $78,538 |
| Home Value To Income | 4.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.19x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Punta Gorda, FL Costs By Category
Detailed Punta Gorda Services Costs Vs. Florida
| Item | Punta Gorda | Florida |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $13.05 | $12.13 |
| Bowling | $21.2 | $18 |
| Haircut | $28.2 | $24.26 |
| Beauty Salon | $54.05 | $45.56 |
Detailed Punta Gorda Groceries Costs Vs. Florida
| Item | Punta Gorda | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.72 | $12.09 |
| Beer | $11.06 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Punta Gorda Health Costs Vs. Florida
| Item | Punta Gorda | Florida |
|---|---|---|
| Optometrist | $101.67 | $125.68 |
| Doctor | $153.94 | $135.78 |
| Dentist | $122.09 | $113.29 |
Detailed Punta Gorda Transportation Costs Vs. Florida
| Item | Punta Gorda | Florida |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $74.92 | $59.92 |
Detailed Punta Gorda Utilities Costs Vs. Florida
| Item | Punta Gorda | Florida |
|---|---|---|
| All Electricity | $179.36 | $193.99 |
| Phone | $194.07 | $192.25 |
Punta Gorda SnackAbility
/10
Cost Of Living In Cities Around Punta Gorda
The cost of living varies in the cities and towns around Punta Gorda. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 113, 0.9x Punta Gorda.
North Port, FL has a cost of living index of 105, 0.9x Punta Gorda.
Port Charlotte, FL has a cost of living index of 103, 0.9x Punta Gorda.
| City | Population | Cost Of Living | Vs. Punta Gorda |
|---|---|---|---|
| Cape Coral, FL | 206,387 | 113 | 0.9x |
| North Port, FL | 80,512 | 105 | 0.9x |
| Port Charlotte, FL | 64,971 | 103 | 0.9x |
| North Fort Myers, FL | 44,189 | 94 | 0.8x |
| Grove, OK | 7,101 | 92 | 0.8x |
