Warm Mineral Springs, FL Cost Of Living
Cost Of Living In Warm Mineral Springs, FL Summary
Cost of living in Warm Mineral Springs 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 Warm Mineral Springs 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 Warm Mineral Springs is 94, with 100 being the average.
The cost of living index in Warm Mineral Springs is 0.9x lower than the national average.
Warm Mineral Springs ranks as the #142 cheapest in Florida out of 459.
Warm Mineral Springs ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Warm Mineral Springs is $142,300.
The median income in Warm Mineral Springs is $47,690.
Table Of Contents
Warm Mineral Springs's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Warm Mineral Springs, FL?
According to the most recent data on the cost of living, Warm Mineral Springs has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Florida, Warm Mineral Springs has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Warm Mineral Springs ranks as #142 most affordable out of the 459 places we measured in Florida. By definition, that implies Warm Mineral Springs ranks as the #317 most expensive place in the Sunshine State.
For more reading on life in Warm Mineral Springs, check out:
- Living In Warm Mineral Springs
- Search Homes For Sale In Warm Mineral Springs, FL
In Florida
In America
Warm Mineral Springs Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Warm Mineral Springs. Here is how it fairs on each of the criteria:
The Services index in Warm Mineral Springs is 103.
The Groceries index in Warm Mineral Springs is 108.
The Health index in Warm Mineral Springs is 103.
The Housing index in Warm Mineral Springs is 69.
The Transportation index in Warm Mineral Springs is 106.
The Utilities index in Warm Mineral Springs is 90.
| Living Expense | Warm Mineral Springs | Florida | National Average | |
|---|---|---|---|---|
| Overall | 94 | 101 | 100 | |
| Services | 103 | 98 | 100 | |
| Groceries | 108 | 101 | 100 | |
| Health | 103 | 96 | 100 | |
| Housing | 69 | 108 | 100 | |
| Transportation | 106 | 98 | 100 | |
| Utilities | 90 | 100 | 100 | |
Warm Mineral Springs, 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 Warm Mineral Springs is $142,300.
The Median Rent in Warm Mineral Springs is $1,172.
The Median Income in Warm Mineral Springs is $47,690.
The Home Value To Income in Warm Mineral Springs is 3.0x.
The Rent To Monthly Income in Warm Mineral Springs is 0.29x.
| Statistic | Warm Mineral Springs | Florida | United States |
|---|---|---|---|
| Median Home Value | $142,300 | $248,700 | $244,900 |
| Median Rent | $1,172 | $1,301 | $1,163 |
| Median Income | $47,690 | $61,777 | $69,021 |
| Home Value To Income | 3.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Warm Mineral Springs, FL Costs By Category
Detailed Warm Mineral Springs Services Costs Vs. Florida
| Item | Warm Mineral Springs | Florida |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $8.1 | $10.68 |
| Bowling | $20.08 | $14.67 |
| Haircut | $23.81 | $18.62 |
| Beauty Salon | $51.15 | $39.05 |
Detailed Warm Mineral Springs Groceries Costs Vs. Florida
| Item | Warm Mineral Springs | Florida |
|---|---|---|
| Ground Beef | $3.85 | $4.22 |
| Fried Chicken | $2.11 | $1.39 |
| Milk | $2.49 | $2.05 |
| Potatoes | $5.11 | $3.29 |
| Pizza | $10.51 | $10.62 |
| Beer | $9.67 | $9.38 |
| Toothpaste | $2.87 | $2.34 |
Detailed Warm Mineral Springs Health Costs Vs. Florida
| Item | Warm Mineral Springs | Florida |
|---|---|---|
| Optometrist | $115.19 | $108.57 |
| Doctor | $114.5 | $116.17 |
| Dentist | $102.32 | $99.13 |
Detailed Warm Mineral Springs Transportation Costs Vs. Florida
| Item | Warm Mineral Springs | Florida |
|---|---|---|
| Gasoline | $2.1 | $2.22 |
| Tire Balancing | $67.21 | $50.07 |
Detailed Warm Mineral Springs Utilities Costs Vs. Florida
| Item | Warm Mineral Springs | Florida |
|---|---|---|
| All Electricity | $130.57 | $167.67 |
| Phone | $188.41 | $175.64 |
Warm Mineral Springs SnackAbility
/10
Cost Of Living In Cities Around Warm Mineral Springs
The cost of living varies in the cities and towns around Warm Mineral Springs. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 100, 1.1x Warm Mineral Springs.
Port Charlotte, FL has a cost of living index of 99, 1.1x Warm Mineral Springs.
Venice, FL has a cost of living index of 107, 1.1x Warm Mineral Springs.
| City | Population | Cost Of Living | Vs. Warm Mineral Springs |
|---|---|---|---|
| North Port, FL | 74,131 | 100 | 1.1x |
| Port Charlotte, FL | 62,531 | 99 | 1.1x |
| Venice, FL | 24,876 | 107 | 1.1x |
| Englewood, FL | 19,683 | 94 | 1.0x |
| Punta Gorda, FL | 19,230 | 115 | 1.2x |
| South Venice, FL | 16,426 | 101 | 1.1x |
| Rotonda, FL | 9,906 | 108 | 1.1x |
| Grove, OK | 6,900 | 87 | 0.9x |
