Cost of living in Fort Meade 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 Fort Meade 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 Fort Meade is 82, with 100 being the average.
The cost of living index in Fort Meade is 0.8x lower than the national average.
Fort Meade ranks as the #4 cheapest in Florida out of 459.
Fort Meade ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Fort Meade is $117,400.
The median income in Fort Meade is $37,515.
According to the most recent data on the cost of living, Fort Meade has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Florida, Fort Meade has a cost of living index that's 0.8x lower than Florida's index of 101.
The standard of living in Fort Meade ranks as #4 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Meade ranks as the #455 most expensive place in the Sunshine State.
For more reading on life in Fort Meade, check out:
Six factors go into calculating the cost of living index in Fort Meade. Here is how it fairs on each of the criteria:
The Services index in Fort Meade is 98.
The Groceries index in Fort Meade is 103.
The Health index in Fort Meade is 99.
The Housing index in Fort Meade is 47.
The Transportation index in Fort Meade is 98.
The Utilities index in Fort Meade is 102.
Living Expense | Fort Meade | Florida | National Average | |
---|---|---|---|---|
Overall | 82 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 47 | 108 | 100 | |
Transportation | 98 | 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 Fort Meade is $117,400.
The Median Rent in Fort Meade is $814.
The Median Income in Fort Meade is $37,515.
The Home Value To Income in Fort Meade is 3.1x.
The Rent To Monthly Income in Fort Meade is 0.26x.
Statistic | Fort Meade | Florida | United States |
---|---|---|---|
Median Home Value | $117,400 | $248,700 | $244,900 |
Median Rent | $814 | $1,301 | $1,163 |
Median Income | $37,515 | $61,777 | $69,021 |
Home Value To Income | 3.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
Item | Fort Meade | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Fort Meade | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Fort Meade | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Fort Meade | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Fort Meade | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Fort Meade. Here's a quick look at the cost of living in the most populous nearby places:
Winter Haven, FL has a cost of living index of 89, 1.1x Fort Meade.
Bartow, FL has a cost of living index of 90, 1.1x Fort Meade.
Lake Wales, FL has a cost of living index of 88, 1.1x Fort Meade.
City | Population | Cost Of Living | Vs. Fort Meade |
---|---|---|---|
Winter Haven, FL | 48,707 | 89 | 1.1x |
Bartow, FL | 18,880 | 90 | 1.1x |
Lake Wales, FL | 16,173 | 88 | 1.1x |
Lakeland Highlands, FL | 11,326 | 105 | 1.3x |
Highland, IL | 10,215 | 88 | 1.1x |