Cost of living in Jupiter 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 Jupiter 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 Jupiter is 123, with 100 being the average.
The cost of living index in Jupiter is 1.2x higher than the national average.
Jupiter ranks as the #418 cheapest in Florida out of 459.
Jupiter ranks as the #4,954 cheapest out of 6,412 in the US.
The median home value in Jupiter is $423,100.
The median income in Jupiter is $94,121.
According to the most recent data on the cost of living, Jupiter has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.
Compared to Florida, Jupiter has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Jupiter ranks as #418 most affordable out of the 459 places we measured in Florida. By definition, that implies Jupiter ranks as the #41 most expensive place in the Sunshine State.
For more reading on life in Jupiter, check out:
Six factors go into calculating the cost of living index in Jupiter. Here is how it fairs on each of the criteria:
The Services index in Jupiter is 101.
The Groceries index in Jupiter is 103.
The Health index in Jupiter is 112.
The Housing index in Jupiter is 163.
The Transportation index in Jupiter is 102.
The Utilities index in Jupiter is 114.
Living Expense | Jupiter | Florida | National Average | |
---|---|---|---|---|
Overall | 123 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 112 | 96 | 100 | |
Housing | 163 | 108 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 114 | 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 Jupiter is $423,100.
The Median Rent in Jupiter is $1,835.
The Median Income in Jupiter is $94,121.
The Home Value To Income in Jupiter is 4.5x.
The Rent To Monthly Income in Jupiter is 0.23x.
Statistic | Jupiter | Florida | United States |
---|---|---|---|
Median Home Value | $423,100 | $248,700 | $244,900 |
Median Rent | $1,835 | $1,301 | $1,163 |
Median Income | $94,121 | $61,777 | $69,021 |
Home Value To Income | 4.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Jupiter. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 107, 0.9x Jupiter.
Palm Beach Gardens, FL has a cost of living index of 122, 1.0x Jupiter.
The Acreage, FL has a cost of living index of 115, 0.9x Jupiter.
City | Population | Cost Of Living | Vs. Jupiter |
---|---|---|---|
West Palm Beach, FL | 115,877 | 107 | 0.9x |
Palm Beach Gardens, FL | 58,482 | 122 | 1.0x |
The Acreage, FL | 40,771 | 115 | 0.9x |
Royal Palm Beach, FL | 38,697 | 112 | 0.9x |
Riviera Beach, FL | 37,301 | 97 | 0.8x |
Palm Springs, FL | 26,611 | 96 | 0.8x |
Hobe Sound, FL | 13,964 | 95 | 0.8x |
Jupiter Farms, FL | 13,437 | 126 | 1.0x |
North Palm Beach, FL | 13,096 | 116 | 0.9x |
Tequesta, FL | 6,097 | 121 | 1.0x |