Cost of living in McGregor 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 McGregor 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 McGregor is 114, with 100 being the average.
The cost of living index in McGregor is 1.1x higher than the national average.
McGregor ranks as the #375 cheapest in Florida out of 459.
McGregor ranks as the #4,427 cheapest out of 6,412 in the US.
The median home value in McGregor is $337,100.
The median income in McGregor is $69,379.
According to the most recent data on the cost of living, McGregor has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Florida, McGregor has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in McGregor ranks as #375 most affordable out of the 459 places we measured in Florida. By definition, that implies McGregor ranks as the #84 most expensive place in the Sunshine State.
For more reading on life in McGregor, check out:
Six factors go into calculating the cost of living index in McGregor. Here is how it fairs on each of the criteria:
The Services index in McGregor is 106.
The Groceries index in McGregor is 101.
The Health index in McGregor is 106.
The Housing index in McGregor is 138.
The Transportation index in McGregor is 111.
The Utilities index in McGregor is 97.
Living Expense | McGregor | Florida | National Average | |
---|---|---|---|---|
Overall | 114 | 101 | 100 | |
Services | 106 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 106 | 96 | 100 | |
Housing | 138 | 108 | 100 | |
Transportation | 111 | 98 | 100 | |
Utilities | 97 | 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 McGregor is $337,100.
The Median Rent in McGregor is $1,386.
The Median Income in McGregor is $69,379.
The Home Value To Income in McGregor is 4.9x.
The Rent To Monthly Income in McGregor is 0.24x.
Statistic | McGregor | Florida | United States |
---|---|---|---|
Median Home Value | $337,100 | $248,700 | $244,900 |
Median Rent | $1,386 | $1,301 | $1,163 |
Median Income | $69,379 | $61,777 | $69,021 |
Home Value To Income | 4.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around McGregor. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 105, 0.9x McGregor.
Lehigh Acres, FL has a cost of living index of 96, 0.8x McGregor.
Fort Myers, FL has a cost of living index of 100, 0.9x McGregor.
City | Population | Cost Of Living | Vs. McGregor |
---|---|---|---|
Cape Coral, FL | 193,003 | 105 | 0.9x |
Lehigh Acres, FL | 123,751 | 96 | 0.8x |
Fort Myers, FL | 84,694 | 100 | 0.9x |
Bonita Springs, FL | 53,017 | 113 | 1.0x |
North Fort Myers, FL | 41,551 | 87 | 0.8x |
San Carlos Park, FL | 18,590 | 99 | 0.9x |
Villas, FL | 13,764 | 97 | 0.9x |
Iona, FL | 13,160 | 108 | 0.9x |
Cypress Lake, FL | 12,334 | 97 | 0.9x |
Whiskey Creek, FL | 5,261 | 105 | 0.9x |