Callaway, FL Cost Of Living
Cost Of Living In Callaway, FL Summary
Cost of living in Callaway 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 Callaway 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 Callaway is 93, with 100 being the average.
The cost of living index in Callaway is 0.9x lower than the national average.
Callaway ranks as the #128 cheapest in Florida out of 459.
Callaway ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Callaway is $162,500.
The median income in Callaway is $55,543.
Table Of Contents
Callaway's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Callaway, FL?
According to the most recent data on the cost of living, Callaway has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Callaway has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Callaway ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Callaway ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Callaway, check out:
- Living In Callaway
- Search Homes For Sale In Callaway, FL
In Florida
In America
Callaway Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Callaway. Here is how it fairs on each of the criteria:
The Services index in Callaway is 99.
The Groceries index in Callaway is 102.
The Health index in Callaway is 100.
The Housing index in Callaway is 86.
The Transportation index in Callaway is 99.
The Utilities index in Callaway is 89.
| Living Expense | Callaway | Florida | National Average | |
|---|---|---|---|---|
| Overall | 93 | 101 | 100 | |
| Services | 99 | 98 | 100 | |
| Groceries | 102 | 101 | 100 | |
| Health | 100 | 96 | 100 | |
| Housing | 86 | 108 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 89 | 100 | 100 | |
Callaway, 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 Callaway is $162,500.
The Median Rent in Callaway is $1,096.
The Median Income in Callaway is $55,543.
The Home Value To Income in Callaway is 2.9x.
The Rent To Monthly Income in Callaway is 0.24x.
| Statistic | Callaway | Florida | United States |
|---|---|---|---|
| Median Home Value | $162,500 | $248,700 | $244,900 |
| Median Rent | $1,096 | $1,301 | $1,163 |
| Median Income | $55,543 | $61,777 | $69,021 |
| Home Value To Income | 2.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Callaway, FL Costs By Category
Detailed Callaway Services Costs Vs. Florida
Detailed Callaway Groceries Costs Vs. Florida
Detailed Callaway Health Costs Vs. Florida
Detailed Callaway Transportation Costs Vs. Florida
Detailed Callaway Utilities Costs Vs. Florida
Callaway SnackAbility
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Cost Of Living In Cities Around Callaway
The cost of living varies in the cities and towns around Callaway. Here's a quick look at the cost of living in the most populous nearby places:
Lynn Haven, FL has a cost of living index of 101, 1.1x Callaway.
Upper Grand Lagoon, FL has a cost of living index of 105, 1.1x Callaway.
Springfield, FL has a cost of living index of 88, 0.9x Callaway.
| City | Population | Cost Of Living | Vs. Callaway |
|---|---|---|---|
| Lynn Haven, FL | 19,425 | 101 | 1.1x |
| Upper Grand Lagoon, FL | 18,140 | 105 | 1.1x |
| Springfield, FL | 8,429 | 88 | 0.9x |
