Cost of living in Green Cove Springs 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 Green Cove Springs 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 Green Cove Springs is 87, with 100 being the average.
The cost of living index in Green Cove Springs is 0.9x lower than the national average.
Green Cove Springs ranks as the #44 cheapest in Florida out of 459.
Green Cove Springs ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Green Cove Springs is $192,600.
The median income in Green Cove Springs is $59,200.
According to the most recent data on the cost of living, Green Cove Springs has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, Green Cove Springs has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Green Cove Springs ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies Green Cove Springs ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in Green Cove Springs, check out:
Six factors go into calculating the cost of living index in Green Cove Springs. Here is how it fairs on each of the criteria:
The Services index in Green Cove Springs is 94.
The Groceries index in Green Cove Springs is 100.
The Health index in Green Cove Springs is 86.
The Housing index in Green Cove Springs is 76.
The Transportation index in Green Cove Springs is 86.
The Utilities index in Green Cove Springs is 99.
Living Expense | Green Cove Springs | Florida | National Average | |
---|---|---|---|---|
Overall | 87 | 101 | 100 | |
Services | 94 | 98 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 86 | 96 | 100 | |
Housing | 76 | 108 | 100 | |
Transportation | 86 | 98 | 100 | |
Utilities | 99 | 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 Green Cove Springs is $192,600.
The Median Rent in Green Cove Springs is $893.
The Median Income in Green Cove Springs is $59,200.
The Home Value To Income in Green Cove Springs is 3.3x.
The Rent To Monthly Income in Green Cove Springs is 0.18x.
Statistic | Green Cove Springs | Florida | United States |
---|---|---|---|
Median Home Value | $192,600 | $248,700 | $244,900 |
Median Rent | $893 | $1,301 | $1,163 |
Median Income | $59,200 | $61,777 | $69,021 |
Home Value To Income | 3.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.18x | 0.25x | 0.2x |
Item | Green Cove Springs | Florida |
---|---|---|
Shampoo | $0.98 | $1.06 |
Movie | $11.98 | $10.68 |
Bowling | $13.83 | $14.67 |
Haircut | $16.13 | $18.62 |
Beauty Salon | $56.67 | $39.05 |
Item | Green Cove Springs | Florida |
---|---|---|
Ground Beef | $4.56 | $4.22 |
Fried Chicken | $1.49 | $1.39 |
Milk | $2.21 | $2.05 |
Potatoes | $4.15 | $3.29 |
Pizza | $9.39 | $10.62 |
Beer | $9.99 | $9.38 |
Toothpaste | $2.24 | $2.34 |
Item | Green Cove Springs | Florida |
---|---|---|
Optometrist | $70.67 | $108.57 |
Doctor | $77.42 | $116.17 |
Dentist | $94.87 | $99.13 |
Item | Green Cove Springs | Florida |
---|---|---|
Gasoline | $2.2 | $2.22 |
Tire Balancing | $29.15 | $50.07 |
Item | Green Cove Springs | Florida |
---|---|---|
All Electricity | $158.65 | $167.67 |
Phone | $188.32 | $175.64 |
The cost of living varies in the cities and towns around Green Cove Springs. Here's a quick look at the cost of living in the most populous nearby places:
Fruit Cove, FL has a cost of living index of 115, 1.3x Green Cove Springs.
Lakeside, FL has a cost of living index of 94, 1.1x Green Cove Springs.
Fleming Island, FL has a cost of living index of 105, 1.2x Green Cove Springs.
City | Population | Cost Of Living | Vs. Green Cove Springs |
---|---|---|---|
Fruit Cove, FL | 34,469 | 115 | 1.3x |
Lakeside, FL | 31,125 | 94 | 1.1x |
Fleming Island, FL | 29,505 | 105 | 1.2x |
Oakleaf Plantation, FL | 28,808 | 98 | 1.1x |
Bellair-Meadowbrook Terrace, FL | 14,289 | 86 | 1.0x |
Middleburg, FL | 12,127 | 87 | 1.0x |
Asbury Lake, FL | 11,629 | 98 | 1.1x |
Orange Park, FL | 8,682 | 93 | 1.1x |