Cost of living in Medulla 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 Medulla 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 Medulla is 93, with 100 being the average.
The cost of living index in Medulla is 0.9x lower than the national average.
Medulla ranks as the #128 cheapest in Florida out of 459.
Medulla ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Medulla is $230,000.
The median income in Medulla is $70,906.
According to the most recent data on the cost of living, Medulla has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Medulla has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Medulla ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Medulla ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Medulla, check out:
Six factors go into calculating the cost of living index in Medulla. Here is how it fairs on each of the criteria:
The Services index in Medulla is 98.
The Groceries index in Medulla is 104.
The Health index in Medulla is 97.
The Housing index in Medulla is 85.
The Transportation index in Medulla is 100.
The Utilities index in Medulla is 102.
Living Expense | Medulla | Florida | National Average | |
---|---|---|---|---|
Overall | 93 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 85 | 108 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 102 | 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 Medulla is $230,000.
The Median Rent in Medulla is $1,119.
The Median Income in Medulla is $70,906.
The Home Value To Income in Medulla is 3.2x.
The Rent To Monthly Income in Medulla is 0.19x.
Statistic | Medulla | Florida | United States |
---|---|---|---|
Median Home Value | $230,000 | $248,700 | $244,900 |
Median Rent | $1,119 | $1,301 | $1,163 |
Median Income | $70,906 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Medulla. Here's a quick look at the cost of living in the most populous nearby places:
Brandon, FL has a cost of living index of 99, 1.1x Medulla.
Lakeland, FL has a cost of living index of 90, 1.0x Medulla.
Winter Haven, FL has a cost of living index of 89, 1.0x Medulla.
City | Population | Cost Of Living | Vs. Medulla |
---|---|---|---|
Brandon, FL | 115,330 | 99 | 1.1x |
Lakeland, FL | 110,401 | 90 | 1.0x |
Winter Haven, FL | 48,707 | 89 | 1.0x |
Valrico, FL | 39,632 | 106 | 1.1x |
Bloomingdale, FL | 25,042 | 105 | 1.1x |
Fish Hawk, FL | 24,463 | 122 | 1.3x |
Bartow, FL | 18,880 | 90 | 1.0x |
Auburndale, FL | 15,704 | 90 | 1.0x |
Lakeland Highlands, FL | 11,326 | 105 | 1.1x |
Fuller Heights, FL | 11,106 | 95 | 1.0x |