Wedgefield, FL Cost Of Living
Cost Of Living In Wedgefield, FL Summary
Cost of living in Wedgefield 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 Wedgefield 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 Wedgefield is 117, with 100 being the average.
The cost of living index in Wedgefield is 1.2x higher than the national average.
Wedgefield ranks as the #339 cheapest in Florida out of 459.
Wedgefield ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Wedgefield is $523,816.
The median income in Wedgefield is $120,440.
Table Of Contents
Wedgefield's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wedgefield, FL?
According to the most recent data on the cost of living, Wedgefield has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Florida, Wedgefield has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Wedgefield ranks as #339 most affordable out of the 459 places we measured in Florida. By definition, that implies Wedgefield ranks as the #120 most expensive place in the Sunshine State.
For more reading on life in Wedgefield, check out:
In Florida
In America
Wedgefield Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Wedgefield. Here is how it fairs on each of the criteria:
The Services index in Wedgefield is 99.
The Groceries index in Wedgefield is 99.
The Health index in Wedgefield is 93.
The Housing index in Wedgefield is 162.
The Transportation index in Wedgefield is 96.
The Utilities index in Wedgefield is 92.
| Living Expense | Wedgefield | Florida | National Average | |
|---|---|---|---|---|
| Overall | 117 | 97 | 100 | |
| Services | 99 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 93 | 98 | 100 | |
| Housing | 162 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 92 | 95 | 100 | |
Wedgefield, 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 2019-2023. The key points are:
The Median Home Value in Wedgefield is $523,816.
The Median Rent in Wedgefield is $1,833.
The Median Income in Wedgefield is $120,440.
The Home Value To Income in Wedgefield is 4.3x.
The Rent To Monthly Income in Wedgefield is 0.18x.
| Statistic | Wedgefield | Florida | United States |
|---|---|---|---|
| Median Home Value | $523,816 | $377,066 | $303,400 |
| Median Rent | $1,833 | $1,564 | $1,348 |
| Median Income | $120,440 | $71,711 | $78,538 |
| Home Value To Income | 4.3x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Wedgefield, FL Costs By Category
Detailed Wedgefield Services Costs Vs. Florida
| Item | Wedgefield | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Wedgefield Groceries Costs Vs. Florida
| Item | Wedgefield | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Wedgefield Health Costs Vs. Florida
| Item | Wedgefield | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Wedgefield Transportation Costs Vs. Florida
| Item | Wedgefield | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Wedgefield Utilities Costs Vs. Florida
| Item | Wedgefield | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Wedgefield SnackAbility
/10
Cost Of Living In Cities Around Wedgefield
The cost of living varies in the cities and towns around Wedgefield. Here's a quick look at the cost of living in the most populous nearby places:
Alafaya, FL has a cost of living index of 115, 1.0x Wedgefield.
Oviedo, FL has a cost of living index of 119, 1.0x Wedgefield.
Winter Springs, FL has a cost of living index of 110, 0.9x Wedgefield.
| City | Population | Cost Of Living | Vs. Wedgefield |
|---|---|---|---|
| Alafaya, FL | 90,874 | 115 | 1.0x |
| Oviedo, FL | 39,990 | 119 | 1.0x |
| Winter Springs, FL | 38,448 | 110 | 0.9x |
| Buenaventura Lakes, FL | 32,310 | 106 | 0.9x |
| Winter Park, FL | 29,929 | 136 | 1.2x |
| Casselberry, FL | 29,473 | 101 | 0.9x |
| Port St. John, FL | 24,617 | 99 | 0.8x |
| Azalea Park, FL | 16,110 | 98 | 0.8x |
| Conway, FL | 13,346 | 111 | 0.9x |
| Union Park, FL | 11,111 | 103 | 0.9x |
