Southchase, FL Cost Of Living
Cost Of Living In Southchase, FL Summary
Cost of living in Southchase 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 Southchase 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 Southchase is 110, with 100 being the average.
The cost of living index in Southchase is 1.1x higher than the national average.
Southchase ranks as the #266 cheapest in Florida out of 459.
Southchase ranks as the #3,657 cheapest out of 6,489 in the US.
The median home value in Southchase is $400,154.
The median income in Southchase is $85,573.
Table Of Contents
Southchase's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Southchase, FL?
According to the most recent data on the cost of living, Southchase has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Florida, Southchase has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Southchase ranks as #266 most affordable out of the 459 places we measured in Florida. By definition, that implies Southchase ranks as the #193 most expensive place in the Sunshine State.
For more reading on life in Southchase, check out:
In Florida
In America
Southchase Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Southchase. Here is how it fairs on each of the criteria:
The Services index in Southchase is 100.
The Groceries index in Southchase is 99.
The Health index in Southchase is 93.
The Housing index in Southchase is 147.
The Transportation index in Southchase is 95.
The Utilities index in Southchase is 91.
| Living Expense | Southchase | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 97 | 100 | |
| Services | 100 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 93 | 98 | 100 | |
| Housing | 147 | 96 | 100 | |
| Transportation | 95 | 97 | 100 | |
| Utilities | 91 | 95 | 100 | |
Southchase, 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 Southchase is $400,154.
The Median Rent in Southchase is $1,798.
The Median Income in Southchase is $85,573.
The Home Value To Income in Southchase is 4.7x.
The Rent To Monthly Income in Southchase is 0.25x.
| Statistic | Southchase | Florida | United States |
|---|---|---|---|
| Median Home Value | $400,154 | $377,066 | $303,400 |
| Median Rent | $1,798 | $1,564 | $1,348 |
| Median Income | $85,573 | $71,711 | $78,538 |
| Home Value To Income | 4.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Southchase, FL Costs By Category
Detailed Southchase Services Costs Vs. Florida
| Item | Southchase | 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 |
Detailed Southchase Groceries Costs Vs. Florida
| Item | Southchase | 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 |
Detailed Southchase Health Costs Vs. Florida
| Item | Southchase | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Southchase Transportation Costs Vs. Florida
| Item | Southchase | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Southchase Utilities Costs Vs. Florida
| Item | Southchase | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Southchase SnackAbility
/10
Cost Of Living In Cities Around Southchase
The cost of living varies in the cities and towns around Southchase. 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 Southchase.
Alafaya, FL has a cost of living index of 115, 1.0x Southchase.
Kissimmee, FL has a cost of living index of 102, 0.9x Southchase.
| City | Population | Cost Of Living | Vs. Southchase |
|---|---|---|---|
| Orlando, FL | 311,732 | 111 | 1.0x |
| Alafaya, FL | 90,874 | 115 | 1.0x |
| Kissimmee, FL | 79,504 | 102 | 0.9x |
| Ocoee, FL | 47,885 | 113 | 1.0x |
| Winter Garden, FL | 47,182 | 117 | 1.1x |
| Altamonte Springs, FL | 45,657 | 103 | 0.9x |
| Meadow Woods, FL | 40,741 | 109 | 1.0x |
| Buenaventura Lakes, FL | 32,310 | 106 | 1.0x |
| Winter Park, FL | 29,929 | 136 | 1.2x |
| Hunters Creek, FL | 21,255 | 119 | 1.1x |
