Cost of living in Valrico 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 Valrico 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 Valrico is 109, with 100 being the average.
The cost of living index in Valrico is 1.1x higher than the national average.
Valrico ranks as the #250 cheapest in Florida out of 459.
Valrico ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Valrico is $415,736.
The median income in Valrico is $98,451.
According to the most recent data on the cost of living, Valrico has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Florida, Valrico has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Valrico ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Valrico ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Valrico, check out:
Six factors go into calculating the cost of living index in Valrico. Here is how it fairs on each of the criteria:
The Services index in Valrico is 92.
The Groceries index in Valrico is 99.
The Health index in Valrico is 94.
The Housing index in Valrico is 138.
The Transportation index in Valrico is 99.
The Utilities index in Valrico is 101.
| Living Expense | Valrico | Florida | National Average | |
|---|---|---|---|---|
| Overall | 109 | 97 | 100 | |
| Services | 92 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 94 | 98 | 100 | |
| Housing | 138 | 96 | 100 | |
| Transportation | 99 | 97 | 100 | |
| Utilities | 101 | 95 | 100 | |
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 Valrico is $415,736.
The Median Rent in Valrico is $1,698.
The Median Income in Valrico is $98,451.
The Home Value To Income in Valrico is 4.2x.
The Rent To Monthly Income in Valrico is 0.21x.
The cost of living varies in the cities and towns around Valrico. Here's a quick look at the cost of living in the most populous nearby places:
Brandon, FL has a cost of living index of 103, 0.9x Valrico.
Riverview, FL has a cost of living index of 106, 1.0x Valrico.
Egypt Lake-Leto, FL has a cost of living index of 100, 0.9x Valrico.
| City | Population | Cost Of Living | Vs. Valrico |
|---|---|---|---|
| Brandon, FL | 116,365 | 103 | 0.9x |
| Riverview, FL | 107,776 | 106 | 1.0x |
| Egypt Lake-Leto, FL | 35,709 | 100 | 0.9x |
| Carrollwood, FL | 35,645 | 110 | 1.0x |
| Lake Magdalene, FL | 31,733 | 104 | 1.0x |
| Temple Terrace, FL | 26,922 | 103 | 0.9x |
| Palm River-Clair Mel, FL | 26,719 | 96 | 0.9x |
| Fish Hawk, FL | 25,945 | 126 | 1.2x |
| Bloomingdale, FL | 23,979 | 115 | 1.1x |
| Thonotosassa, FL | 14,660 | 98 | 0.9x |