Cost of living in Bayshore Gardens 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 Bayshore Gardens 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 Bayshore Gardens is 87, with 100 being the average.
The cost of living index in Bayshore Gardens is 0.9x lower than the national average.
Bayshore Gardens ranks as the #44 cheapest in Florida out of 459.
Bayshore Gardens ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Bayshore Gardens is $126,500.
The median income in Bayshore Gardens is $45,499.
According to the most recent data on the cost of living, Bayshore Gardens has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, Bayshore Gardens has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Bayshore Gardens ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies Bayshore Gardens ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in Bayshore Gardens, check out:
Six factors go into calculating the cost of living index in Bayshore Gardens. Here is how it fairs on each of the criteria:
The Services index in Bayshore Gardens is 101.
The Groceries index in Bayshore Gardens is 108.
The Health index in Bayshore Gardens is 102.
The Housing index in Bayshore Gardens is 52.
The Transportation index in Bayshore Gardens is 105.
The Utilities index in Bayshore Gardens is 89.
Living Expense | Bayshore Gardens | Florida | National Average | |
---|---|---|---|---|
Overall | 87 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 108 | 101 | 100 | |
Health | 102 | 96 | 100 | |
Housing | 52 | 108 | 100 | |
Transportation | 105 | 98 | 100 | |
Utilities | 89 | 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 Bayshore Gardens is $126,500.
The Median Rent in Bayshore Gardens is $1,122.
The Median Income in Bayshore Gardens is $45,499.
The Home Value To Income in Bayshore Gardens is 2.8x.
The Rent To Monthly Income in Bayshore Gardens is 0.3x.
Statistic | Bayshore Gardens | Florida | United States |
---|---|---|---|
Median Home Value | $126,500 | $248,700 | $244,900 |
Median Rent | $1,122 | $1,301 | $1,163 |
Median Income | $45,499 | $61,777 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.3x | 0.25x | 0.2x |
Item | Bayshore Gardens | 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 |
Item | Bayshore Gardens | 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 |
Item | Bayshore Gardens | Florida |
---|---|---|
Optometrist | $115.19 | $108.57 |
Doctor | $114.5 | $116.17 |
Dentist | $102.32 | $99.13 |
Item | Bayshore Gardens | Florida |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $67.21 | $50.07 |
Item | Bayshore Gardens | Florida |
---|---|---|
All Electricity | $130.57 | $167.67 |
Phone | $188.41 | $175.64 |
The cost of living varies in the cities and towns around Bayshore Gardens. Here's a quick look at the cost of living in the most populous nearby places:
Bradenton, FL has a cost of living index of 95, 1.1x Bayshore Gardens.
Sarasota, FL has a cost of living index of 103, 1.2x Bayshore Gardens.
South Bradenton, FL has a cost of living index of 84, 1.0x Bayshore Gardens.
City | Population | Cost Of Living | Vs. Bayshore Gardens |
---|---|---|---|
Bradenton, FL | 54,918 | 95 | 1.1x |
Sarasota, FL | 53,786 | 103 | 1.2x |
South Bradenton, FL | 24,972 | 84 | 1.0x |
Fruitville, FL | 14,673 | 105 | 1.2x |
Palmetto, FL | 13,304 | 95 | 1.1x |
Sarasota Springs, FL | 12,366 | 101 | 1.2x |
Longboat Key, FL | 7,446 | 161 | 1.9x |
West Samoset, FL | 6,789 | 88 | 1.0x |
Cortez, FL | 5,365 | 108 | 1.2x |
Whitfield, PA | 5,275 | 105 | 1.2x |