Wesley Chapel, FL Cost Of Living
Cost Of Living In Wesley Chapel, FL Summary
Cost of living in Wesley Chapel 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 Wesley Chapel 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 Wesley Chapel is 111, with 100 being the average.
The cost of living index in Wesley Chapel is 1.1x higher than the national average.
Wesley Chapel ranks as the #285 cheapest in Florida out of 459.
Wesley Chapel ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Wesley Chapel is $407,508.
The median income in Wesley Chapel is $107,004.
Table Of Contents
Wesley Chapel's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Wesley Chapel, FL?
According to the most recent data on the cost of living, Wesley Chapel has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Wesley Chapel has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Wesley Chapel ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Wesley Chapel ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Wesley Chapel, check out:
In Florida
In America
Wesley Chapel Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Wesley Chapel. Here is how it fairs on each of the criteria:
The Services index in Wesley Chapel is 94.
The Groceries index in Wesley Chapel is 99.
The Health index in Wesley Chapel is 93.
The Housing index in Wesley Chapel is 142.
The Transportation index in Wesley Chapel is 102.
The Utilities index in Wesley Chapel is 98.
| Living Expense | Wesley Chapel | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 94 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 93 | 98 | 100 | |
| Housing | 142 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 98 | 95 | 100 | |
Wesley Chapel, 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 Wesley Chapel is $407,508.
The Median Rent in Wesley Chapel is $2,000.
The Median Income in Wesley Chapel is $107,004.
The Home Value To Income in Wesley Chapel is 3.8x.
The Rent To Monthly Income in Wesley Chapel is 0.22x.
| Statistic | Wesley Chapel | Florida | United States |
|---|---|---|---|
| Median Home Value | $407,508 | $377,066 | $303,400 |
| Median Rent | $2,000 | $1,564 | $1,348 |
| Median Income | $107,004 | $71,711 | $78,538 |
| Home Value To Income | 3.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.22x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Wesley Chapel, FL Costs By Category
Detailed Wesley Chapel Services Costs Vs. Florida
| Item | Wesley Chapel | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $8.61 | $12.13 |
| Bowling | $19.67 | $18 |
| Haircut | $15.67 | $24.26 |
| Beauty Salon | $54.72 | $45.56 |
Detailed Wesley Chapel Groceries Costs Vs. Florida
| Item | Wesley Chapel | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.56 | $4.67 |
| Potatoes | $5.34 | $4.93 |
| Pizza | $8.38 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Wesley Chapel Health Costs Vs. Florida
| Item | Wesley Chapel | Florida |
|---|---|---|
| Optometrist | $146.67 | $125.68 |
| Doctor | $122.32 | $135.78 |
| Dentist | $103.33 | $113.29 |
Detailed Wesley Chapel Transportation Costs Vs. Florida
| Item | Wesley Chapel | Florida |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $57.28 | $59.92 |
Detailed Wesley Chapel Utilities Costs Vs. Florida
| Item | Wesley Chapel | Florida |
|---|---|---|
| All Electricity | $219.66 | $193.99 |
| Phone | $194.37 | $192.25 |
Wesley Chapel SnackAbility
/10
Cost Of Living In Cities Around Wesley Chapel
The cost of living varies in the cities and towns around Wesley Chapel. 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 Wesley Chapel.
Land O' Lakes, FL has a cost of living index of 110, 1.0x Wesley Chapel.
Carrollwood, FL has a cost of living index of 110, 1.0x Wesley Chapel.
| City | Population | Cost Of Living | Vs. Wesley Chapel |
|---|---|---|---|
| Brandon, FL | 116,365 | 103 | 0.9x |
| Land O' Lakes, FL | 41,845 | 110 | 1.0x |
| Carrollwood, FL | 35,645 | 110 | 1.0x |
| Lake Magdalene, FL | 31,733 | 104 | 0.9x |
| Citrus Park, FL | 28,163 | 113 | 1.0x |
| Temple Terrace, FL | 26,922 | 103 | 0.9x |
| Lutz, FL | 26,731 | 119 | 1.1x |
| Keystone, FL | 26,723 | 131 | 1.2x |
| Northdale, FL | 25,420 | 113 | 1.0x |
| Westchase, FL | 24,818 | 123 | 1.1x |
