Cost of living in Bayonet Point 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 Bayonet Point 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 Bayonet Point is 86, with 100 being the average.
The cost of living index in Bayonet Point is 0.9x lower than the national average.
Bayonet Point ranks as the #30 cheapest in Florida out of 459.
Bayonet Point ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Bayonet Point is $110,700.
The median income in Bayonet Point is $39,870.
According to the most recent data on the cost of living, Bayonet Point has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Florida, Bayonet Point has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Bayonet Point ranks as #30 most affordable out of the 459 places we measured in Florida. By definition, that implies Bayonet Point ranks as the #429 most expensive place in the Sunshine State.
For more reading on life in Bayonet Point, check out:
Six factors go into calculating the cost of living index in Bayonet Point. Here is how it fairs on each of the criteria:
The Services index in Bayonet Point is 98.
The Groceries index in Bayonet Point is 104.
The Health index in Bayonet Point is 99.
The Housing index in Bayonet Point is 57.
The Transportation index in Bayonet Point is 99.
The Utilities index in Bayonet Point is 100.
Living Expense | Bayonet Point | Florida | National Average | |
---|---|---|---|---|
Overall | 86 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 57 | 108 | 100 | |
Transportation | 99 | 98 | 100 | |
Utilities | 100 | 100 | 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 2017-2021. The key points are:
The Median Home Value in Bayonet Point is $110,700.
The Median Rent in Bayonet Point is $1,066.
The Median Income in Bayonet Point is $39,870.
The Home Value To Income in Bayonet Point is 2.8x.
The Rent To Monthly Income in Bayonet Point is 0.32x.
Statistic | Bayonet Point | Florida | United States |
---|---|---|---|
Median Home Value | $110,700 | $248,700 | $244,900 |
Median Rent | $1,066 | $1,301 | $1,163 |
Median Income | $39,870 | $61,777 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.32x | 0.25x | 0.2x |
Item | Bayonet Point | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Bayonet Point | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Bayonet Point | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Bayonet Point | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Bayonet Point | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Bayonet Point. Here's a quick look at the cost of living in the most populous nearby places:
Palm Harbor, FL has a cost of living index of 100, 1.2x Bayonet Point.
Land O' Lakes, FL has a cost of living index of 104, 1.2x Bayonet Point.
East Lake, FL has a cost of living index of 114, 1.3x Bayonet Point.
City | Population | Cost Of Living | Vs. Bayonet Point |
---|---|---|---|
Palm Harbor, FL | 60,682 | 100 | 1.2x |
Land O' Lakes, FL | 38,674 | 104 | 1.2x |
East Lake, FL | 32,714 | 114 | 1.3x |
Citrus Park, FL | 27,440 | 101 | 1.2x |
Keystone, FL | 25,397 | 125 | 1.5x |
Northdale, FL | 24,924 | 102 | 1.2x |
Westchase, FL | 24,185 | 117 | 1.4x |
Lutz, FL | 23,827 | 104 | 1.2x |
Jasmine Estates, FL | 23,334 | 85 | 1.0x |
Trinity, FL | 18,191 | 116 | 1.3x |