Cost of living in Highland City 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 Highland City 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 Highland City is 95, with 100 being the average.
The cost of living index in Highland City is 0.9x lower than the national average.
Highland City ranks as the #164 cheapest in Florida out of 459.
Highland City ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Highland City is $208,800.
The median income in Highland City is $72,742.
According to the most recent data on the cost of living, Highland City has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Highland City has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Highland City ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Highland City ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Highland City, check out:
Six factors go into calculating the cost of living index in Highland City. Here is how it fairs on each of the criteria:
The Services index in Highland City is 97.
The Groceries index in Highland City is 105.
The Health index in Highland City is 99.
The Housing index in Highland City is 82.
The Transportation index in Highland City is 98.
The Utilities index in Highland City is 102.
Living Expense | Highland City | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 82 | 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 Highland City is $208,800.
The Median Rent in Highland City is $1,474.
The Median Income in Highland City is $72,742.
The Home Value To Income in Highland City is 2.9x.
The Rent To Monthly Income in Highland City is 0.24x.
Statistic | Highland City | Florida | United States |
---|---|---|---|
Median Home Value | $208,800 | $248,700 | $244,900 |
Median Rent | $1,474 | $1,301 | $1,163 |
Median Income | $72,742 | $61,777 | $69,021 |
Home Value To Income | 2.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Item | Highland City | 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 | Highland City | 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 | Highland City | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Highland City | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Highland City | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |