Cypress Lake, FL Cost Of Living
Cost Of Living In Cypress Lake, FL Summary
Cost of living in Cypress Lake 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 Lake 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 Lake is 97, with 100 being the average.
The cost of living index in Cypress Lake is 1.0x lower than the national average.
Cypress Lake ranks as the #203 cheapest in Florida out of 459.
Cypress Lake ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Cypress Lake is $185,100.
The median income in Cypress Lake is $55,601.
Table Of Contents
Cypress Lake's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Cypress Lake, FL?
According to the most recent data on the cost of living, Cypress Lake has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Cypress Lake has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Cypress Lake ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Cypress Lake ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Cypress Lake, check out:
- Living In Cypress Lake
- Search Homes For Sale In Cypress Lake, FL
In Florida
In America
Cypress Lake Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Cypress Lake. Here is how it fairs on each of the criteria:
The Services index in Cypress Lake is 108.
The Groceries index in Cypress Lake is 101.
The Health index in Cypress Lake is 108.
The Housing index in Cypress Lake is 80.
The Transportation index in Cypress Lake is 114.
The Utilities index in Cypress Lake is 97.
| Living Expense | Cypress Lake | Florida | National Average | |
|---|---|---|---|---|
| Overall | 97 | 101 | 100 | |
| Services | 108 | 98 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 80 | 108 | 100 | |
| Transportation | 114 | 98 | 100 | |
| Utilities | 97 | 100 | 100 | |
Cypress Lake, 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 Cypress Lake is $185,100.
The Median Rent in Cypress Lake is $1,411.
The Median Income in Cypress Lake is $55,601.
The Home Value To Income in Cypress Lake is 3.3x.
The Rent To Monthly Income in Cypress Lake is 0.3x.
| Statistic | Cypress Lake | Florida | United States |
|---|---|---|---|
| Median Home Value | $185,100 | $248,700 | $244,900 |
| Median Rent | $1,411 | $1,301 | $1,163 |
| Median Income | $55,601 | $61,777 | $69,021 |
| Home Value To Income | 3.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.3x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Cypress Lake, FL Costs By Category
Detailed Cypress Lake Services Costs Vs. Florida
| Item | Cypress Lake | Florida |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.88 | $10.68 |
| Bowling | $19.12 | $14.67 |
| Haircut | $21.52 | $18.62 |
| Beauty Salon | $33.41 | $39.05 |
Detailed Cypress Lake Groceries Costs Vs. Florida
| Item | Cypress Lake | Florida |
|---|---|---|
| Ground Beef | $4.42 | $4.22 |
| Fried Chicken | $1.92 | $1.39 |
| Milk | $2.4 | $2.05 |
| Potatoes | $3.3 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $9.7 | $9.38 |
| Toothpaste | $2.31 | $2.34 |
Detailed Cypress Lake Health Costs Vs. Florida
| Item | Cypress Lake | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed Cypress Lake Transportation Costs Vs. Florida
| Item | Cypress Lake | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed Cypress Lake Utilities Costs Vs. Florida
| Item | Cypress Lake | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
Cypress Lake SnackAbility
/10
Cost Of Living In Cities Around Cypress Lake
The cost of living varies in the cities and towns around Cypress Lake. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 105, 1.1x Cypress Lake.
Lehigh Acres, FL has a cost of living index of 96, 1.0x Cypress Lake.
Fort Myers, FL has a cost of living index of 100, 1.0x Cypress Lake.
| City | Population | Cost Of Living | Vs. Cypress Lake |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 1.1x |
| Lehigh Acres, FL | 123,751 | 96 | 1.0x |
| Fort Myers, FL | 84,694 | 100 | 1.0x |
| Bonita Springs, FL | 53,017 | 113 | 1.2x |
| North Fort Myers, FL | 41,551 | 87 | 0.9x |
| San Carlos Park, FL | 18,590 | 99 | 1.0x |
| Villas, FL | 13,764 | 97 | 1.0x |
| Iona, FL | 13,160 | 108 | 1.1x |
| McGregor, FL | 7,924 | 114 | 1.2x |
| Whiskey Creek, FL | 5,261 | 105 | 1.1x |
