Cost of living in Crestview 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 Crestview 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 Crestview is 98, with 100 being the average.
The cost of living index in Crestview is 1.0x lower than the national average.
Crestview ranks as the #218 cheapest in Florida out of 459.
Crestview ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Crestview is $180,800.
The median income in Crestview is $55,688.
According to the most recent data on the cost of living, Crestview has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Florida, Crestview has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Crestview ranks as #218 most affordable out of the 459 places we measured in Florida. By definition, that implies Crestview ranks as the #241 most expensive place in the Sunshine State.
For more reading on life in Crestview, check out:
Six factors go into calculating the cost of living index in Crestview. Here is how it fairs on each of the criteria:
The Services index in Crestview is 95.
The Groceries index in Crestview is 96.
The Health index in Crestview is 94.
The Housing index in Crestview is 90.
The Transportation index in Crestview is 99.
The Utilities index in Crestview is 120.
Living Expense | Crestview | Florida | National Average | |
---|---|---|---|---|
Overall | 98 | 101 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 96 | 101 | 100 | |
Health | 94 | 96 | 100 | |
Housing | 90 | 108 | 100 | |
Transportation | 99 | 98 | 100 | |
Utilities | 120 | 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 Crestview is $180,800.
The Median Rent in Crestview is $1,100.
The Median Income in Crestview is $55,688.
The Home Value To Income in Crestview is 3.2x.
The Rent To Monthly Income in Crestview is 0.24x.
Statistic | Crestview | Florida | United States |
---|---|---|---|
Median Home Value | $180,800 | $248,700 | $244,900 |
Median Rent | $1,100 | $1,301 | $1,163 |
Median Income | $55,688 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Crestview. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 94, 1.0x Crestview.
Navarre, FL has a cost of living index of 104, 1.1x Crestview.
Wright, FL has a cost of living index of 97, 1.0x Crestview.
City | Population | Cost Of Living | Vs. Crestview |
---|---|---|---|
Pensacola, FL | 53,845 | 94 | 1.0x |
Navarre, FL | 38,994 | 104 | 1.1x |
Wright, FL | 24,814 | 97 | 1.0x |
Pace, FL | 23,527 | 98 | 1.0x |
Bellview, FL | 22,613 | 92 | 0.9x |
Fort Walton Beach, FL | 20,805 | 96 | 1.0x |
Myrtle Grove, FL | 17,023 | 87 | 0.9x |
Niceville, FL | 15,532 | 103 | 1.1x |
Gonzalez, FL | 14,324 | 95 | 1.0x |
Lake Lorraine, FL | 7,283 | 109 | 1.1x |