Cost of living in Clermont 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 Clermont 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 Clermont is 102, with 100 being the average.
The cost of living index in Clermont is 1.0x higher than the national average.
Clermont ranks as the #283 cheapest in Florida out of 459.
Clermont ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Clermont is $276,700.
The median income in Clermont is $69,930.
According to the most recent data on the cost of living, Clermont has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Florida, Clermont has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Clermont ranks as #283 most affordable out of the 459 places we measured in Florida. By definition, that implies Clermont ranks as the #176 most expensive place in the Sunshine State.
For more reading on life in Clermont, check out:
Six factors go into calculating the cost of living index in Clermont. Here is how it fairs on each of the criteria:
The Services index in Clermont is 95.
The Groceries index in Clermont is 105.
The Health index in Clermont is 92.
The Housing index in Clermont is 107.
The Transportation index in Clermont is 97.
The Utilities index in Clermont is 100.
Living Expense | Clermont | Florida | National Average | |
---|---|---|---|---|
Overall | 102 | 101 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 92 | 96 | 100 | |
Housing | 107 | 108 | 100 | |
Transportation | 97 | 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 Clermont is $276,700.
The Median Rent in Clermont is $1,643.
The Median Income in Clermont is $69,930.
The Home Value To Income in Clermont is 4.0x.
The Rent To Monthly Income in Clermont is 0.28x.
Statistic | Clermont | Florida | United States |
---|---|---|---|
Median Home Value | $276,700 | $248,700 | $244,900 |
Median Rent | $1,643 | $1,301 | $1,163 |
Median Income | $69,930 | $61,777 | $69,021 |
Home Value To Income | 4.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Clermont. Here's a quick look at the cost of living in the most populous nearby places:
Pine Hills, FL has a cost of living index of 86, 0.8x Clermont.
Apopka, FL has a cost of living index of 95, 0.9x Clermont.
Horizon West, FL has a cost of living index of 116, 1.1x Clermont.
City | Population | Cost Of Living | Vs. Clermont |
---|---|---|---|
Pine Hills, FL | 84,289 | 86 | 0.8x |
Apopka, FL | 54,110 | 95 | 0.9x |
Horizon West, FL | 54,038 | 116 | 1.1x |
Four Corners, FL | 49,626 | 95 | 0.9x |
Ocoee, FL | 46,562 | 101 | 1.0x |
Winter Garden, FL | 45,978 | 103 | 1.0x |
Leesburg, FL | 26,242 | 88 | 0.9x |
Tavares, FL | 18,290 | 88 | 0.9x |
Groveland, FL | 17,896 | 96 | 0.9x |
Mount Dora, FL | 15,830 | 100 | 1.0x |