Loughman, FL Cost Of Living
Cost Of Living In Loughman, FL Summary
Cost of living in Loughman 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 Loughman 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 Loughman is 92, with 100 being the average.
The cost of living index in Loughman is 0.9x lower than the national average.
Loughman ranks as the #116 cheapest in Florida out of 459.
Loughman ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Loughman is $228,400.
The median income in Loughman is $51,335.
Table Of Contents
Loughman's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Loughman, FL?
According to the most recent data on the cost of living, Loughman has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Florida, Loughman has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Loughman ranks as #116 most affordable out of the 459 places we measured in Florida. By definition, that implies Loughman ranks as the #343 most expensive place in the Sunshine State.
For more reading on life in Loughman, check out:
- Living In Loughman
- Search Homes For Sale In Loughman, FL
In Florida
In America
Loughman Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Loughman. Here is how it fairs on each of the criteria:
The Services index in Loughman is 92.
The Groceries index in Loughman is 102.
The Health index in Loughman is 93.
The Housing index in Loughman is 89.
The Transportation index in Loughman is 97.
The Utilities index in Loughman is 100.
| Living Expense | Loughman | Florida | National Average | |
|---|---|---|---|---|
| Overall | 92 | 101 | 100 | |
| Services | 92 | 98 | 100 | |
| Groceries | 102 | 101 | 100 | |
| Health | 93 | 96 | 100 | |
| Housing | 89 | 108 | 100 | |
| Transportation | 97 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Loughman, 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 Loughman is $228,400.
The Median Rent in Loughman is $1,506.
The Median Income in Loughman is $51,335.
The Home Value To Income in Loughman is 4.4x.
The Rent To Monthly Income in Loughman is 0.35x.
| Statistic | Loughman | Florida | United States |
|---|---|---|---|
| Median Home Value | $228,400 | $248,700 | $244,900 |
| Median Rent | $1,506 | $1,301 | $1,163 |
| Median Income | $51,335 | $61,777 | $69,021 |
| Home Value To Income | 4.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.35x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Loughman, FL Costs By Category
Detailed Loughman Services Costs Vs. Florida
Detailed Loughman Groceries Costs Vs. Florida
Detailed Loughman Health Costs Vs. Florida
Detailed Loughman Transportation Costs Vs. Florida
Detailed Loughman Utilities Costs Vs. Florida
Loughman SnackAbility
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Cost Of Living In Cities Around Loughman
The cost of living varies in the cities and towns around Loughman. Here's a quick look at the cost of living in the most populous nearby places:
Kissimmee, FL has a cost of living index of 90, 1.0x Loughman.
Poinciana, FL has a cost of living index of 95, 1.0x Loughman.
St. Cloud, FL has a cost of living index of 94, 1.0x Loughman.
| City | Population | Cost Of Living | Vs. Loughman |
|---|---|---|---|
| Kissimmee, FL | 77,189 | 90 | 1.0x |
| Poinciana, FL | 68,922 | 95 | 1.0x |
| St. Cloud, FL | 57,610 | 94 | 1.0x |
| Horizon West, FL | 54,038 | 116 | 1.3x |
| Four Corners, FL | 49,626 | 95 | 1.0x |
| Winter Haven, FL | 48,707 | 89 | 1.0x |
| Meadow Woods, FL | 39,904 | 98 | 1.1x |
| Buenaventura Lakes, FL | 35,922 | 94 | 1.0x |
| Oak Ridge, FL | 25,973 | 87 | 0.9x |
| Hunters Creek, FL | 19,554 | 111 | 1.2x |
