Bee Ridge, FL Cost Of Living
Cost Of Living In Bee Ridge, FL Summary
Cost of living in Bee Ridge 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 Bee Ridge 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 Bee Ridge is 110, with 100 being the average.
The cost of living index in Bee Ridge is 1.1x higher than the national average.
Bee Ridge ranks as the #352 cheapest in Florida out of 459.
Bee Ridge ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Bee Ridge is $288,400.
The median income in Bee Ridge is $68,316.
Table Of Contents
Bee Ridge's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Bee Ridge, FL?
According to the most recent data on the cost of living, Bee Ridge has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Florida, Bee Ridge has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Bee Ridge ranks as #352 most affordable out of the 459 places we measured in Florida. By definition, that implies Bee Ridge ranks as the #107 most expensive place in the Sunshine State.
For more reading on life in Bee Ridge, check out:
- Living In Bee Ridge
- Search Homes For Sale In Bee Ridge, FL
In Florida
In America
Bee Ridge Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Bee Ridge. Here is how it fairs on each of the criteria:
The Services index in Bee Ridge is 100.
The Groceries index in Bee Ridge is 110.
The Health index in Bee Ridge is 104.
The Housing index in Bee Ridge is 129.
The Transportation index in Bee Ridge is 108.
The Utilities index in Bee Ridge is 88.
| Living Expense | Bee Ridge | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 110 | 101 | 100 | |
| Health | 104 | 96 | 100 | |
| Housing | 129 | 108 | 100 | |
| Transportation | 108 | 98 | 100 | |
| Utilities | 88 | 100 | 100 | |
Bee Ridge, 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 2017-2021. The key points are:
The Median Home Value in Bee Ridge is $288,400.
The Median Rent in Bee Ridge is $1,628.
The Median Income in Bee Ridge is $68,316.
The Home Value To Income in Bee Ridge is 4.2x.
The Rent To Monthly Income in Bee Ridge is 0.29x.
| Statistic | Bee Ridge | Florida | United States |
|---|---|---|---|
| Median Home Value | $288,400 | $248,700 | $244,900 |
| Median Rent | $1,628 | $1,301 | $1,163 |
| Median Income | $68,316 | $61,777 | $69,021 |
| Home Value To Income | 4.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Bee Ridge, FL Costs By Category
Detailed Bee Ridge Services Costs Vs. Florida
Detailed Bee Ridge Groceries Costs Vs. Florida
Detailed Bee Ridge Health Costs Vs. Florida
Detailed Bee Ridge Transportation Costs Vs. Florida
Detailed Bee Ridge Utilities Costs Vs. Florida
Bee Ridge SnackAbility
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Cost Of Living In Cities Around Bee Ridge
The cost of living varies in the cities and towns around Bee Ridge. 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, 0.9x Bee Ridge.
Sarasota, FL has a cost of living index of 103, 0.9x Bee Ridge.
South Bradenton, FL has a cost of living index of 84, 0.8x Bee Ridge.
| City | Population | Cost Of Living | Vs. Bee Ridge |
|---|---|---|---|
| Bradenton, FL | 54,918 | 95 | 0.9x |
| Sarasota, FL | 53,786 | 103 | 0.9x |
| South Bradenton, FL | 24,972 | 84 | 0.8x |
| Venice, FL | 24,876 | 107 | 1.0x |
| Bayshore Gardens, FL | 19,720 | 87 | 0.8x |
| South Venice, FL | 16,426 | 101 | 0.9x |
| Fruitville, FL | 14,673 | 105 | 1.0x |
| Sarasota Springs, FL | 12,366 | 101 | 0.9x |
| South Gate Ridge, FL | 6,125 | 100 | 0.9x |
| Southgate, FL | 6,045 | 102 | 0.9x |
