Groveland, FL Cost Of Living
Cost Of Living In Groveland, FL Summary
Cost of living in Groveland 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 Groveland 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 Groveland is 96, with 100 being the average.
The cost of living index in Groveland is 1.0x lower than the national average.
Groveland ranks as the #186 cheapest in Florida out of 459.
Groveland ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Groveland is $247,300.
The median income in Groveland is $78,709.
Table Of Contents
Groveland's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Groveland, FL?
According to the most recent data on the cost of living, Groveland has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Florida, Groveland has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Groveland ranks as #186 most affordable out of the 459 places we measured in Florida. By definition, that implies Groveland ranks as the #273 most expensive place in the Sunshine State.
For more reading on life in Groveland, check out:
- Living In Groveland
- Groveland Crime Report
- Search Homes For Sale In Groveland, FL
In Florida
In America
Groveland Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Groveland. Here is how it fairs on each of the criteria:
The Services index in Groveland is 95.
The Groceries index in Groveland is 102.
The Health index in Groveland is 94.
The Housing index in Groveland is 90.
The Transportation index in Groveland is 98.
The Utilities index in Groveland is 101.
| Living Expense | Groveland | Florida | National Average | |
|---|---|---|---|---|
| Overall | 96 | 101 | 100 | |
| Services | 95 | 98 | 100 | |
| Groceries | 102 | 101 | 100 | |
| Health | 94 | 96 | 100 | |
| Housing | 90 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Groveland, 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 Groveland is $247,300.
The Median Rent in Groveland is $1,654.
The Median Income in Groveland is $78,709.
The Home Value To Income in Groveland is 3.1x.
The Rent To Monthly Income in Groveland is 0.25x.
| Statistic | Groveland | Florida | United States |
|---|---|---|---|
| Median Home Value | $247,300 | $248,700 | $244,900 |
| Median Rent | $1,654 | $1,301 | $1,163 |
| Median Income | $78,709 | $61,777 | $69,021 |
| Home Value To Income | 3.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Groveland, FL Costs By Category
Detailed Groveland Services Costs Vs. Florida
Detailed Groveland Groceries Costs Vs. Florida
Detailed Groveland Health Costs Vs. Florida
Detailed Groveland Transportation Costs Vs. Florida
Detailed Groveland Utilities Costs Vs. Florida
Groveland SnackAbility
/10
Cost Of Living In Cities Around Groveland
The cost of living varies in the cities and towns around Groveland. Here's a quick look at the cost of living in the most populous nearby places:
Apopka, FL has a cost of living index of 95, 1.0x Groveland.
Horizon West, FL has a cost of living index of 116, 1.2x Groveland.
Ocoee, FL has a cost of living index of 101, 1.1x Groveland.
| City | Population | Cost Of Living | Vs. Groveland |
|---|---|---|---|
| Apopka, FL | 54,110 | 95 | 1.0x |
| Horizon West, FL | 54,038 | 116 | 1.2x |
| Ocoee, FL | 46,562 | 101 | 1.1x |
| Winter Garden, FL | 45,978 | 103 | 1.1x |
| Clermont, FL | 41,562 | 102 | 1.1x |
| Leesburg, FL | 26,242 | 88 | 0.9x |
| Tavares, FL | 18,290 | 88 | 0.9x |
| Mount Dora, FL | 15,830 | 100 | 1.0x |
| Minneola, FL | 13,709 | 97 | 1.0x |
| Mascotte, FL | 6,632 | 88 | 0.9x |
