South Venice, FL Cost Of Living
Cost Of Living In South Venice, FL Summary
Cost of living in South Venice 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 South Venice 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 South Venice is 107, with 100 being the average.
The cost of living index in South Venice is 1.1x higher than the national average.
South Venice ranks as the #227 cheapest in Florida out of 459.
South Venice ranks as the #3,374 cheapest out of 6,489 in the US.
The median home value in South Venice is $340,635.
The median income in South Venice is $72,322.
Table Of Contents
South Venice's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in South Venice, FL?
According to the most recent data on the cost of living, South Venice has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Florida, South Venice has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in South Venice ranks as #227 most affordable out of the 459 places we measured in Florida. By definition, that implies South Venice ranks as the #232 most expensive place in the Sunshine State.
For more reading on life in South Venice, check out:
In Florida
In America
South Venice Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Venice. Here is how it fairs on each of the criteria:
The Services index in South Venice is 101.
The Groceries index in South Venice is 100.
The Health index in South Venice is 102.
The Housing index in South Venice is 121.
The Transportation index in South Venice is 98.
The Utilities index in South Venice is 101.
| Living Expense | South Venice | Florida | National Average | |
|---|---|---|---|---|
| Overall | 107 | 97 | 100 | |
| Services | 101 | 96 | 100 | |
| Groceries | 100 | 99 | 100 | |
| Health | 102 | 98 | 100 | |
| Housing | 121 | 96 | 100 | |
| Transportation | 98 | 97 | 100 | |
| Utilities | 101 | 95 | 100 | |
South Venice, 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 South Venice is $340,635.
The Median Rent in South Venice is $1,790.
The Median Income in South Venice is $72,322.
The Home Value To Income in South Venice is 4.7x.
The Rent To Monthly Income in South Venice is 0.3x.
| Statistic | South Venice | Florida | United States |
|---|---|---|---|
| Median Home Value | $340,635 | $377,066 | $303,400 |
| Median Rent | $1,790 | $1,564 | $1,348 |
| Median Income | $72,322 | $71,711 | $78,538 |
| Home Value To Income | 4.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
South Venice, FL Costs By Category
Detailed South Venice Services Costs Vs. Florida
| Item | South Venice | 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 |
Detailed South Venice Groceries Costs Vs. Florida
| Item | South Venice | 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 |
Detailed South Venice Health Costs Vs. Florida
| Item | South Venice | Florida |
|---|---|---|
| Optometrist | $104.04 | $125.68 |
| Doctor | $122.85 | $135.78 |
| Dentist | $112.75 | $113.29 |
Detailed South Venice Transportation Costs Vs. Florida
| Item | South Venice | Florida |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $63.29 | $59.92 |
Detailed South Venice Utilities Costs Vs. Florida
| Item | South Venice | Florida |
|---|---|---|
| All Electricity | $149.04 | $193.99 |
| Phone | $193.01 | $192.25 |
South Venice SnackAbility
/10
Cost Of Living In Cities Around South Venice
The cost of living varies in the cities and towns around South Venice. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 105, 1.0x South Venice.
Port Charlotte, FL has a cost of living index of 103, 1.0x South Venice.
Venice, FL has a cost of living index of 114, 1.1x South Venice.
| City | Population | Cost Of Living | Vs. South Venice |
|---|---|---|---|
| North Port, FL | 80,512 | 105 | 1.0x |
| Port Charlotte, FL | 64,971 | 103 | 1.0x |
| Venice, FL | 26,467 | 114 | 1.1x |
| Englewood, FL | 19,385 | 104 | 1.0x |
| Sarasota Springs, FL | 12,669 | 110 | 1.0x |
| Laurel, FL | 11,868 | 121 | 1.1x |
| Grove, OK | 7,101 | 92 | 0.9x |
| Osprey, FL | 5,790 | 157 | 1.5x |
