Tavares, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Tavares, FL Summary

Cost of living in Tavares 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 Tavares 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 Tavares is 88, with 100 being the average.

  • The cost of living index in Tavares is 0.9x lower than the national average.

  • Tavares ranks as the #57 cheapest in Florida out of 459.

  • Tavares ranks as the #1,278 cheapest out of 6,412 in the US.

  • The median home value in Tavares is $172,500.

  • The median income in Tavares is $49,313.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
88
Tavares's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Tavares, FL?

According to the most recent data on the cost of living, Tavares has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.

Compared to Florida, Tavares has a cost of living index that's 0.9x lower than Florida's index of 101.

The standard of living in Tavares ranks as #57 most affordable out of the 459 places we measured in Florida. By definition, that implies Tavares ranks as the #402 most expensive place in the Sunshine State.

For more reading on life in Tavares, check out:

57 out of 459
In Florida
1,278 out of 6,412
In America

Tavares Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Tavares. Here is how it fairs on each of the criteria:

  • The Services index in Tavares is 96.

  • The Groceries index in Tavares is 105.

  • The Health index in Tavares is 93.

  • The Housing index in Tavares is 67.

  • The Transportation index in Tavares is 97.

  • The Utilities index in Tavares is 101.

Living Expense Tavares Florida National Average
Overall 88 101 100
Services 96 98 100
Groceries 105 101 100
Health 93 96 100
Housing 67 108 100
Transportation 97 98 100
Utilities 101 100 100
For more reading on cost of living around Florida, check out:
Tavares Cost of Living Vs. FL

Tavares, 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 2017-2021. The key points are:

  • The Median Home Value in Tavares is $172,500.

  • The Median Rent in Tavares is $1,027.

  • The Median Income in Tavares is $49,313.

  • The Home Value To Income in Tavares is 3.5x.

  • The Rent To Monthly Income in Tavares is 0.25x.

Statistic Tavares Florida United States
Median Home Value $172,500 $248,700 $244,900
Median Rent $1,027 $1,301 $1,163
Median Income $49,313 $61,777 $69,021
Home Value To Income 3.5x 4.0x 3.5x
Rent To Monthly Income 0.25x 0.25x 0.2x
Search Homes For Sale In Tavares, FL
$172,500
Median Home Value
$1,027
Median Rent
$49,313
Median Income

Tavares, FL Costs By Category

Detailed Tavares Services Costs Vs. Florida

Item Tavares Florida
Shampoo $1.0 $1.06
Movie $10.55 $10.68
Bowling $14.36 $14.67
Haircut $20.89 $18.62
Beauty Salon $54.17 $39.05

Detailed Tavares Groceries Costs Vs. Florida

Item Tavares Florida
Ground Beef $4.46 $4.22
Fried Chicken $1.27 $1.39
Milk $2.39 $2.05
Potatoes $3.42 $3.29
Pizza $9.66 $10.62
Beer $9.23 $9.38
Toothpaste $1.89 $2.34

Detailed Tavares Health Costs Vs. Florida

Item Tavares Florida
Optometrist $100.39 $108.57
Doctor $83.46 $116.17
Dentist $97.71 $99.13

Detailed Tavares Transportation Costs Vs. Florida

Item Tavares Florida
Gasoline $2.1 $2.22
Tire Balancing $49.25 $50.07

Detailed Tavares Utilities Costs Vs. Florida

Item Tavares Florida
All Electricity $164.06 $167.67
Phone $187.87 $175.64

Tavares SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
4
Diversity
8.5
Safety
7
Amenities
8.5
Education
7
Commute
8

Cost Of Living In Cities Around Tavares

The cost of living varies in the cities and towns around Tavares. Here's a quick look at the cost of living in the most populous nearby places:

  • The Villages, FL has a cost of living index of 108, 1.2x Tavares.

  • Apopka, FL has a cost of living index of 95, 1.1x Tavares.

  • Ocoee, FL has a cost of living index of 101, 1.1x Tavares.

City Population Cost Of Living Vs. Tavares
The Villages, FL 76,415 108 1.2x
Apopka, FL 54,110 95 1.1x
Ocoee, FL 46,562 101 1.1x
Clermont, FL 41,562 102 1.2x
Leesburg, FL 26,242 88 1.0x
Wekiwa Springs, FL 24,049 108 1.2x
Eustis, FL 22,532 91 1.0x
Mount Dora, FL 15,830 100 1.1x
Lady Lake, FL 15,683 92 1.0x

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