Cost of living in Beacon Square 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 Beacon Square 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 Beacon Square is 87, with 100 being the average.
The cost of living index in Beacon Square is 0.9x lower than the national average.
Beacon Square ranks as the #44 cheapest in Florida out of 459.
Beacon Square ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Beacon Square is $97,300.
The median income in Beacon Square is $41,782.
According to the most recent data on the cost of living, Beacon Square has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, Beacon Square has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Beacon Square ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies Beacon Square ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in Beacon Square, check out:
Six factors go into calculating the cost of living index in Beacon Square. Here is how it fairs on each of the criteria:
The Services index in Beacon Square is 98.
The Groceries index in Beacon Square is 104.
The Health index in Beacon Square is 99.
The Housing index in Beacon Square is 55.
The Transportation index in Beacon Square is 101.
The Utilities index in Beacon Square is 100.
Living Expense | Beacon Square | Florida | National Average | |
---|---|---|---|---|
Overall | 87 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 55 | 108 | 100 | |
Transportation | 101 | 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 Beacon Square is $97,300.
The Median Rent in Beacon Square is $1,084.
The Median Income in Beacon Square is $41,782.
The Home Value To Income in Beacon Square is 2.3x.
The Rent To Monthly Income in Beacon Square is 0.31x.
Statistic | Beacon Square | Florida | United States |
---|---|---|---|
Median Home Value | $97,300 | $248,700 | $244,900 |
Median Rent | $1,084 | $1,301 | $1,163 |
Median Income | $41,782 | $61,777 | $69,021 |
Home Value To Income | 2.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
Item | Beacon Square | 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 | Beacon Square | 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 | Beacon Square | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Beacon Square | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Beacon Square | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Beacon Square. 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, 1.1x Beacon Square.
Carrollwood, FL has a cost of living index of 100, 1.1x Beacon Square.
East Lake, FL has a cost of living index of 114, 1.3x Beacon Square.
City | Population | Cost Of Living | Vs. Beacon Square |
---|---|---|---|
Palm Harbor, FL | 60,682 | 100 | 1.1x |
Carrollwood, FL | 35,846 | 100 | 1.1x |
East Lake, FL | 32,714 | 114 | 1.3x |
Citrus Park, FL | 27,440 | 101 | 1.2x |
Keystone, FL | 25,397 | 125 | 1.4x |
Tarpon Springs, FL | 25,138 | 96 | 1.1x |
Northdale, FL | 24,924 | 102 | 1.2x |
Westchase, FL | 24,185 | 117 | 1.3x |
Lutz, FL | 23,827 | 104 | 1.2x |
Jasmine Estates, FL | 23,334 | 85 | 1.0x |