The Hammocks, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-08
116
The Hammocks's Overall Cost Of Living
1.2x
Higher Than The National Average
390 out of 459
In Florida
4,558 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means The Hammocks is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in The Hammocks, FL?

According to the most recent data on the cost of living, The Hammocks has an overall cost of living index of 116 which is 1.2x higher than the national index of 100.

Compared to only Florida, The Hammocks has a cost of living index that's 1.2x higher than Florida's index of 98.

The standard of living in The Hammocks ranks as #4,560 most affordable out of the 6,418 places we measured in Florida. By definition, that implies The Hammocks ranks as the #1,858 most expensive place in the Sunshine State.

For more reading on life in The Hammocks, check out:

The Hammocks Cost Of Living Vs. Florida

Living Expense The Hammocks Florida National Average
Overall 116 98 100
Services 103 99 100
Groceries 120 107 100
Health 106 98 100
Housing 137 96 100
Transportation 109 102 100
Utilities 100 106 100
For more reading on cost of living around Florida, check out:
The Hammocks Cost of Living Vs. FL

The Hammocks, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$336,000
Median Home Value
$1,793
Median Rent
$73,502
Median Income
Statistic The Hammocks Florida United States
Median Home Value $336,000 $232,000 $229,800
Median Rent $1,793 $1,218 $1,096
Median Income $73,502 $57,703 $64,994
Home Value To Income 4.6x 4.0x 3.5x
Rent To Monthly Income 0.29x 0.25x 0.2x

Detailed The Hammocks Services Costs Vs. Florida

Item The Hammocks Florida
Shampoo $1.11 $1.06
Movie $13.23 $10.68
Bowling $22.13 $14.67

Detailed The Hammocks Groceries Costs Vs. Florida

Item The Hammocks Florida
Ground Beef $4.27 $4.22
Fried Chicken $1.73 $1.39
Milk $3.16 $2.05

Detailed The Hammocks Health Costs Vs. Florida

Item The Hammocks Florida
Haircut $14.37 $18.62
Beauty Salon $70.0 $39.05
Toothpaste $1.87 $2.34

Detailed The Hammocks Transportation Costs Vs. Florida

Item The Hammocks Florida
Potatoes $3.86 $3.29
Pizza $9.1 $10.62
Beer $10.98 $9.38
Optometrist $105.63 $108.57
Doctor $111.06 $116.17
Dentist $107.78 $99.13

Detailed The Hammocks Utilities Costs Vs. Florida

Item The Hammocks Florida
Gasoline $2.24 $2.22
Tire Balancing $60.69 $50.07
All Electricity $162.18 $167.67
Phone $188.17 $175.64

The Hammocks SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
4
Diversity
8
Safety
N/A
Amenities
10
Education
8
Commute
3

Cost Of Living In Cities Around The Hammocks

City Population Cost Of Living Vs. The Hammocks
Kendall, FL 77,228 123 1.1x
Tamiami, FL 55,757 116 1.0x
Kendale Lakes, FL 55,732 108 0.9x
Coral Gables, FL 49,937 164 1.4x
Kendall West, FL 38,029 110 0.9x
Richmond West, FL 37,123 117 1.0x
Miami Lakes, FL 31,021 125 1.1x
Coral Terrace, FL 25,529 117 1.0x
The Crossings, FL 23,102 116 1.0x
Country Walk, FL 18,710 122 1.1x

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