Cost of living in Hudson 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 Hudson 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 Hudson is 94, with 100 being the average.
The cost of living index in Hudson is 0.9x lower than the national average.
Hudson ranks as the #142 cheapest in Florida out of 459.
Hudson ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Hudson is $171,100.
The median income in Hudson is $43,508.
According to the most recent data on the cost of living, Hudson has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Florida, Hudson has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Hudson ranks as #142 most affordable out of the 459 places we measured in Florida. By definition, that implies Hudson ranks as the #317 most expensive place in the Sunshine State.
For more reading on life in Hudson, check out:
Six factors go into calculating the cost of living index in Hudson. Here is how it fairs on each of the criteria:
The Services index in Hudson is 97.
The Groceries index in Hudson is 106.
The Health index in Hudson is 96.
The Housing index in Hudson is 73.
The Transportation index in Hudson is 101.
The Utilities index in Hudson is 102.
Living Expense | Hudson | Florida | National Average | |
---|---|---|---|---|
Overall | 94 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 106 | 101 | 100 | |
Health | 96 | 96 | 100 | |
Housing | 73 | 108 | 100 | |
Transportation | 101 | 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 Hudson is $171,100.
The Median Rent in Hudson is $1,012.
The Median Income in Hudson is $43,508.
The Home Value To Income in Hudson is 3.9x.
The Rent To Monthly Income in Hudson is 0.28x.
Statistic | Hudson | Florida | United States |
---|---|---|---|
Median Home Value | $171,100 | $248,700 | $244,900 |
Median Rent | $1,012 | $1,301 | $1,163 |
Median Income | $43,508 | $61,777 | $69,021 |
Home Value To Income | 3.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Hudson. Here's a quick look at the cost of living in the most populous nearby places:
Spring Hill, FL has a cost of living index of 93, 1.0x Hudson.
Palm Harbor, FL has a cost of living index of 100, 1.1x Hudson.
Land O' Lakes, FL has a cost of living index of 104, 1.1x Hudson.
City | Population | Cost Of Living | Vs. Hudson |
---|---|---|---|
Spring Hill, FL | 114,706 | 93 | 1.0x |
Palm Harbor, FL | 60,682 | 100 | 1.1x |
Land O' Lakes, FL | 38,674 | 104 | 1.1x |
East Lake, FL | 32,714 | 114 | 1.2x |
Keystone, FL | 25,397 | 125 | 1.3x |
Bayonet Point, FL | 25,200 | 86 | 0.9x |
Tarpon Springs, FL | 25,138 | 96 | 1.0x |
Jasmine Estates, FL | 23,334 | 85 | 0.9x |
Trinity, FL | 18,191 | 116 | 1.2x |
Cheval, FL | 12,839 | 111 | 1.2x |