Cost of living in Wellington 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 Wellington 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 Wellington is 125, with 100 being the average.
The cost of living index in Wellington is 1.2x higher than the national average.
Wellington ranks as the #425 cheapest in Florida out of 459.
Wellington ranks as the #5,043 cheapest out of 6,412 in the US.
The median home value in Wellington is $433,100.
The median income in Wellington is $98,163.
According to the most recent data on the cost of living, Wellington has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Florida, Wellington has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Wellington ranks as #425 most affordable out of the 459 places we measured in Florida. By definition, that implies Wellington ranks as the #34 most expensive place in the Sunshine State.
For more reading on life in Wellington, check out:
Six factors go into calculating the cost of living index in Wellington. Here is how it fairs on each of the criteria:
The Services index in Wellington is 101.
The Groceries index in Wellington is 119.
The Health index in Wellington is 104.
The Housing index in Wellington is 172.
The Transportation index in Wellington is 109.
The Utilities index in Wellington is 97.
|Living Expense||Wellington||Florida||National Average|
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 Wellington is $433,100.
The Median Rent in Wellington is $2,009.
The Median Income in Wellington is $98,163.
The Home Value To Income in Wellington is 4.4x.
The Rent To Monthly Income in Wellington is 0.25x.
|Median Home Value||$433,100||$248,700||$244,900|
|Home Value To Income||4.4x||4.0x||3.5x|
|Rent To Monthly Income||0.25x||0.25x||0.2x|
The cost of living varies in the cities and towns around Wellington. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 107, 0.9x Wellington.
Boynton Beach, FL has a cost of living index of 102, 0.8x Wellington.
Palm Beach Gardens, FL has a cost of living index of 122, 1.0x Wellington.
|City||Population||Cost Of Living||Vs. Wellington|
|West Palm Beach, FL||115,877||107||0.9x|
|Boynton Beach, FL||79,479||102||0.8x|
|Palm Beach Gardens, FL||58,482||122||1.0x|
|The Acreage, FL||40,771||115||0.9x|
|Royal Palm Beach, FL||38,697||112||0.9x|
|Palm Springs, FL||26,611||96||0.8x|
|Jupiter Farms, FL||13,437||126||1.0x|
|North Palm Beach, FL||13,096||116||0.9x|