Lecanto, FL Cost Of Living
Cost Of Living In Lecanto, FL Summary
Cost of living in Lecanto 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 Lecanto 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 Lecanto is 102, with 100 being the average.
The cost of living index in Lecanto is 1.0x higher than the national average.
Lecanto ranks as the #283 cheapest in Florida out of 459.
Lecanto ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Lecanto is $208,900.
The median income in Lecanto is $47,593.
Table Of Contents
Lecanto's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lecanto, FL?
According to the most recent data on the cost of living, Lecanto has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Florida, Lecanto has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Lecanto ranks as #283 most affordable out of the 459 places we measured in Florida. By definition, that implies Lecanto ranks as the #176 most expensive place in the Sunshine State.
For more reading on life in Lecanto, check out:
- Living In Lecanto
- Search Homes For Sale In Lecanto, FL
In Florida
In America
Lecanto Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Lecanto. Here is how it fairs on each of the criteria:
The Services index in Lecanto is 96.
The Groceries index in Lecanto is 117.
The Health index in Lecanto is 91.
The Housing index in Lecanto is 80.
The Transportation index in Lecanto is 98.
The Utilities index in Lecanto is 159.
| Living Expense | Lecanto | Florida | National Average | |
|---|---|---|---|---|
| Overall | 102 | 101 | 100 | |
| Services | 96 | 98 | 100 | |
| Groceries | 117 | 101 | 100 | |
| Health | 91 | 96 | 100 | |
| Housing | 80 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 159 | 100 | 100 | |
Lecanto, 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 Lecanto is $208,900.
The Median Rent in Lecanto is $919.
The Median Income in Lecanto is $47,593.
The Home Value To Income in Lecanto is 4.4x.
The Rent To Monthly Income in Lecanto is 0.23x.
| Statistic | Lecanto | Florida | United States |
|---|---|---|---|
| Median Home Value | $208,900 | $248,700 | $244,900 |
| Median Rent | $919 | $1,301 | $1,163 |
| Median Income | $47,593 | $61,777 | $69,021 |
| Home Value To Income | 4.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Lecanto, FL Costs By Category
Detailed Lecanto Services Costs Vs. Florida
Detailed Lecanto Groceries Costs Vs. Florida
Detailed Lecanto Health Costs Vs. Florida
Detailed Lecanto Transportation Costs Vs. Florida
Detailed Lecanto Utilities Costs Vs. Florida
Lecanto SnackAbility
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Cost Of Living In Cities Around Lecanto
The cost of living varies in the cities and towns around Lecanto. 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, 0.9x Lecanto.
The Villages, FL has a cost of living index of 108, 1.1x Lecanto.
Wesley Chapel, FL has a cost of living index of 103, 1.0x Lecanto.
| City | Population | Cost Of Living | Vs. Lecanto |
|---|---|---|---|
| Spring Hill, FL | 114,706 | 93 | 0.9x |
| The Villages, FL | 76,415 | 108 | 1.1x |
| Wesley Chapel, FL | 65,134 | 103 | 1.0x |
| Land O' Lakes, FL | 38,674 | 104 | 1.0x |
| East Lake, FL | 32,714 | 114 | 1.1x |
| Keystone, FL | 25,397 | 125 | 1.2x |
| Northdale, FL | 24,924 | 102 | 1.0x |
| Lutz, FL | 23,827 | 104 | 1.0x |
| Tavares, FL | 18,290 | 88 | 0.9x |
| Trinity, FL | 18,191 | 116 | 1.1x |
