Cost of living in Englewood 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 Englewood 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 Englewood is 94, with 100 being the average.
The cost of living index in Englewood is 0.9x lower than the national average.
Englewood ranks as the #142 cheapest in Florida out of 459.
Englewood ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Englewood is $233,800.
The median income in Englewood is $55,788.
According to the most recent data on the cost of living, Englewood has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Florida, Englewood has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Englewood ranks as #142 most affordable out of the 459 places we measured in Florida. By definition, that implies Englewood ranks as the #317 most expensive place in the Sunshine State.
For more reading on life in Englewood, check out:
Six factors go into calculating the cost of living index in Englewood. Here is how it fairs on each of the criteria:
The Services index in Englewood is 101.
The Groceries index in Englewood is 112.
The Health index in Englewood is 101.
The Housing index in Englewood is 83.
The Transportation index in Englewood is 108.
The Utilities index in Englewood is 87.
Living Expense | Englewood | Florida | National Average | |
---|---|---|---|---|
Overall | 94 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 112 | 101 | 100 | |
Health | 101 | 96 | 100 | |
Housing | 83 | 108 | 100 | |
Transportation | 108 | 98 | 100 | |
Utilities | 87 | 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 Englewood is $233,800.
The Median Rent in Englewood is $1,068.
The Median Income in Englewood is $55,788.
The Home Value To Income in Englewood is 4.2x.
The Rent To Monthly Income in Englewood is 0.23x.
Statistic | Englewood | Florida | United States |
---|---|---|---|
Median Home Value | $233,800 | $248,700 | $244,900 |
Median Rent | $1,068 | $1,301 | $1,163 |
Median Income | $55,788 | $61,777 | $69,021 |
Home Value To Income | 4.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Englewood. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 100, 1.1x Englewood.
Port Charlotte, FL has a cost of living index of 99, 1.1x Englewood.
Venice, FL has a cost of living index of 107, 1.1x Englewood.
City | Population | Cost Of Living | Vs. Englewood |
---|---|---|---|
North Port, FL | 74,131 | 100 | 1.1x |
Port Charlotte, FL | 62,531 | 99 | 1.1x |
Venice, FL | 24,876 | 107 | 1.1x |
South Venice, FL | 16,426 | 101 | 1.1x |
Rotonda, FL | 9,906 | 108 | 1.1x |
Grove, OK | 6,900 | 87 | 0.9x |
Warm Mineral Springs, FL | 5,051 | 94 | 1.0x |