Cost of living in Lynn Haven 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 Lynn Haven 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 Lynn Haven is 101, with 100 being the average.
The cost of living index in Lynn Haven is 1.0x higher than the national average.
Lynn Haven ranks as the #268 cheapest in Florida out of 459.
Lynn Haven ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Lynn Haven is $224,700.
The median income in Lynn Haven is $71,812.
According to the most recent data on the cost of living, Lynn Haven has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Lynn Haven has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Lynn Haven ranks as #268 most affordable out of the 459 places we measured in Florida. By definition, that implies Lynn Haven ranks as the #191 most expensive place in the Sunshine State.
For more reading on life in Lynn Haven, check out:
Six factors go into calculating the cost of living index in Lynn Haven. Here is how it fairs on each of the criteria:
The Services index in Lynn Haven is 100.
The Groceries index in Lynn Haven is 102.
The Health index in Lynn Haven is 100.
The Housing index in Lynn Haven is 102.
The Transportation index in Lynn Haven is 96.
The Utilities index in Lynn Haven is 90.
Living Expense | Lynn Haven | Florida | National Average | |
---|---|---|---|---|
Overall | 101 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 102 | 101 | 100 | |
Health | 100 | 96 | 100 | |
Housing | 102 | 108 | 100 | |
Transportation | 96 | 98 | 100 | |
Utilities | 90 | 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 Lynn Haven is $224,700.
The Median Rent in Lynn Haven is $1,387.
The Median Income in Lynn Haven is $71,812.
The Home Value To Income in Lynn Haven is 3.1x.
The Rent To Monthly Income in Lynn Haven is 0.23x.
Statistic | Lynn Haven | Florida | United States |
---|---|---|---|
Median Home Value | $224,700 | $248,700 | $244,900 |
Median Rent | $1,387 | $1,301 | $1,163 |
Median Income | $71,812 | $61,777 | $69,021 |
Home Value To Income | 3.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Item | Lynn Haven | Florida |
---|---|---|
Shampoo | $0.89 | $1.06 |
Movie | $12.51 | $10.68 |
Bowling | $14.01 | $14.67 |
Haircut | $14.35 | $18.62 |
Beauty Salon | $38.32 | $39.05 |
Item | Lynn Haven | Florida |
---|---|---|
Ground Beef | $4.86 | $4.22 |
Fried Chicken | $1.38 | $1.39 |
Milk | $2.41 | $2.05 |
Potatoes | $3.67 | $3.29 |
Pizza | $10.33 | $10.62 |
Beer | $9.29 | $9.38 |
Toothpaste | $2.25 | $2.34 |
Item | Lynn Haven | Florida |
---|---|---|
Optometrist | $80.2 | $108.57 |
Doctor | $110.71 | $116.17 |
Dentist | $94.58 | $99.13 |
Item | Lynn Haven | Florida |
---|---|---|
Gasoline | $2.28 | $2.22 |
Tire Balancing | $42.79 | $50.07 |
Item | Lynn Haven | Florida |
---|---|---|
All Electricity | $142.93 | $167.67 |
Phone | $181.79 | $175.64 |
The cost of living varies in the cities and towns around Lynn Haven. Here's a quick look at the cost of living in the most populous nearby places:
Upper Grand Lagoon, FL has a cost of living index of 105, 1.0x Lynn Haven.
Callaway, FL has a cost of living index of 93, 0.9x Lynn Haven.
Springfield, FL has a cost of living index of 88, 0.9x Lynn Haven.
City | Population | Cost Of Living | Vs. Lynn Haven |
---|---|---|---|
Upper Grand Lagoon, FL | 18,140 | 105 | 1.0x |
Callaway, FL | 13,656 | 93 | 0.9x |
Springfield, FL | 8,429 | 88 | 0.9x |