Cost of living in Cypress Gardens 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 Cypress Gardens 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 Cypress Gardens is 95, with 100 being the average.
The cost of living index in Cypress Gardens is 0.9x lower than the national average.
Cypress Gardens ranks as the #164 cheapest in Florida out of 459.
Cypress Gardens ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Cypress Gardens is $196,500.
The median income in Cypress Gardens is $70,127.
According to the most recent data on the cost of living, Cypress Gardens has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Cypress Gardens has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Cypress Gardens ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Cypress Gardens ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Cypress Gardens, check out:
Six factors go into calculating the cost of living index in Cypress Gardens. Here is how it fairs on each of the criteria:
The Services index in Cypress Gardens is 95.
The Groceries index in Cypress Gardens is 102.
The Health index in Cypress Gardens is 92.
The Housing index in Cypress Gardens is 88.
The Transportation index in Cypress Gardens is 96.
The Utilities index in Cypress Gardens is 102.
Living Expense | Cypress Gardens | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 102 | 101 | 100 | |
Health | 92 | 96 | 100 | |
Housing | 88 | 108 | 100 | |
Transportation | 96 | 98 | 100 | |
Utilities | 102 | 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 Cypress Gardens is $196,500.
The Median Rent in Cypress Gardens is $1,236.
The Median Income in Cypress Gardens is $70,127.
The Home Value To Income in Cypress Gardens is 2.8x.
The Rent To Monthly Income in Cypress Gardens is 0.21x.
Statistic | Cypress Gardens | Florida | United States |
---|---|---|---|
Median Home Value | $196,500 | $248,700 | $244,900 |
Median Rent | $1,236 | $1,301 | $1,163 |
Median Income | $70,127 | $61,777 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.25x | 0.2x |
Item | Cypress Gardens | Florida |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.55 | $10.68 |
Bowling | $14.36 | $14.67 |
Haircut | $20.89 | $18.62 |
Beauty Salon | $54.17 | $39.05 |
Item | Cypress Gardens | Florida |
---|---|---|
Ground Beef | $4.46 | $4.22 |
Fried Chicken | $1.27 | $1.39 |
Milk | $2.39 | $2.05 |
Potatoes | $3.42 | $3.29 |
Pizza | $9.66 | $10.62 |
Beer | $9.23 | $9.38 |
Toothpaste | $1.89 | $2.34 |
Item | Cypress Gardens | Florida |
---|---|---|
Optometrist | $100.39 | $108.57 |
Doctor | $83.46 | $116.17 |
Dentist | $97.71 | $99.13 |
Item | Cypress Gardens | Florida |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $49.25 | $50.07 |
Item | Cypress Gardens | Florida |
---|---|---|
All Electricity | $164.06 | $167.67 |
Phone | $187.87 | $175.64 |
The cost of living varies in the cities and towns around Cypress Gardens. Here's a quick look at the cost of living in the most populous nearby places:
Lakeland, FL has a cost of living index of 90, 0.9x Cypress Gardens.
Poinciana, FL has a cost of living index of 95, 1.0x Cypress Gardens.
Winter Haven, FL has a cost of living index of 89, 0.9x Cypress Gardens.
City | Population | Cost Of Living | Vs. Cypress Gardens |
---|---|---|---|
Lakeland, FL | 110,401 | 90 | 0.9x |
Poinciana, FL | 68,922 | 95 | 1.0x |
Winter Haven, FL | 48,707 | 89 | 0.9x |
Bartow, FL | 18,880 | 90 | 0.9x |
Lake Wales, FL | 16,173 | 88 | 0.9x |
Auburndale, FL | 15,704 | 90 | 0.9x |
Lakeland Highlands, FL | 11,326 | 105 | 1.1x |
Highland, IL | 10,215 | 88 | 0.9x |
Inwood, FL | 7,267 | 83 | 0.9x |
Lake Alfred, FL | 6,196 | 89 | 0.9x |