Cost of living in Goldenrod 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 Goldenrod 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 Goldenrod is 94, with 100 being the average.
The cost of living index in Goldenrod is 0.9x lower than the national average.
Goldenrod ranks as the #142 cheapest in Florida out of 459.
Goldenrod ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Goldenrod is $268,300.
The median income in Goldenrod is $54,087.
According to the most recent data on the cost of living, Goldenrod has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Florida, Goldenrod has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Goldenrod ranks as #142 most affordable out of the 459 places we measured in Florida. By definition, that implies Goldenrod ranks as the #317 most expensive place in the Sunshine State.
For more reading on life in Goldenrod, check out:
Six factors go into calculating the cost of living index in Goldenrod. Here is how it fairs on each of the criteria:
The Services index in Goldenrod is 94.
The Groceries index in Goldenrod is 104.
The Health index in Goldenrod is 91.
The Housing index in Goldenrod is 92.
The Transportation index in Goldenrod is 97.
The Utilities index in Goldenrod is 101.
Living Expense | Goldenrod | Florida | National Average | |
---|---|---|---|---|
Overall | 94 | 101 | 100 | |
Services | 94 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 91 | 96 | 100 | |
Housing | 92 | 108 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 101 | 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 Goldenrod is $268,300.
The Median Rent in Goldenrod is $1,390.
The Median Income in Goldenrod is $54,087.
The Home Value To Income in Goldenrod is 5.0x.
The Rent To Monthly Income in Goldenrod is 0.31x.
Statistic | Goldenrod | Florida | United States |
---|---|---|---|
Median Home Value | $268,300 | $248,700 | $244,900 |
Median Rent | $1,390 | $1,301 | $1,163 |
Median Income | $54,087 | $61,777 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Goldenrod. Here's a quick look at the cost of living in the most populous nearby places:
Ocoee, FL has a cost of living index of 101, 1.1x Goldenrod.
Oviedo, FL has a cost of living index of 106, 1.1x Goldenrod.
Winter Springs, FL has a cost of living index of 100, 1.1x Goldenrod.
City | Population | Cost Of Living | Vs. Goldenrod |
---|---|---|---|
Ocoee, FL | 46,562 | 101 | 1.1x |
Oviedo, FL | 39,405 | 106 | 1.1x |
Winter Springs, FL | 38,021 | 100 | 1.1x |
Winter Park, FL | 29,672 | 117 | 1.2x |
Casselberry, FL | 28,750 | 90 | 1.0x |
Wekiwa Springs, FL | 24,049 | 108 | 1.1x |
Maitland, FL | 19,154 | 115 | 1.2x |
Lake Mary, FL | 16,459 | 111 | 1.2x |
Azalea Park, FL | 15,549 | 90 | 1.0x |
Lockhart, FL | 14,390 | 90 | 1.0x |