The Hammocks, FL Cost Of Living
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.
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 | |
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.
| 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
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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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