Myrtle Grove, FL Cost Of Living
Cost Of Living In Myrtle Grove, FL Summary
Cost of living in Myrtle Grove 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 Myrtle Grove 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 Myrtle Grove is 87, with 100 being the average.
The cost of living index in Myrtle Grove is 0.9x lower than the national average.
Myrtle Grove ranks as the #44 cheapest in Florida out of 459.
Myrtle Grove ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Myrtle Grove is $127,800.
The median income in Myrtle Grove is $54,585.
Table Of Contents
Myrtle Grove's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Myrtle Grove, FL?
According to the most recent data on the cost of living, Myrtle Grove has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, Myrtle Grove has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Myrtle Grove ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies Myrtle Grove ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in Myrtle Grove, check out:
- Living In Myrtle Grove
- Search Homes For Sale In Myrtle Grove, FL
In Florida
In America
Myrtle Grove Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Myrtle Grove. Here is how it fairs on each of the criteria:
The Services index in Myrtle Grove is 96.
The Groceries index in Myrtle Grove is 97.
The Health index in Myrtle Grove is 92.
The Housing index in Myrtle Grove is 65.
The Transportation index in Myrtle Grove is 95.
The Utilities index in Myrtle Grove is 119.
| Living Expense | Myrtle Grove | Florida | National Average | |
|---|---|---|---|---|
| Overall | 87 | 101 | 100 | |
| Services | 96 | 98 | 100 | |
| Groceries | 97 | 101 | 100 | |
| Health | 92 | 96 | 100 | |
| Housing | 65 | 108 | 100 | |
| Transportation | 95 | 98 | 100 | |
| Utilities | 119 | 100 | 100 | |
Myrtle Grove, 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 Myrtle Grove is $127,800.
The Median Rent in Myrtle Grove is $1,083.
The Median Income in Myrtle Grove is $54,585.
The Home Value To Income in Myrtle Grove is 2.3x.
The Rent To Monthly Income in Myrtle Grove is 0.24x.
| Statistic | Myrtle Grove | Florida | United States |
|---|---|---|---|
| Median Home Value | $127,800 | $248,700 | $244,900 |
| Median Rent | $1,083 | $1,301 | $1,163 |
| Median Income | $54,585 | $61,777 | $69,021 |
| Home Value To Income | 2.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Myrtle Grove, FL Costs By Category
Detailed Myrtle Grove Services Costs Vs. Florida
| Item | Myrtle Grove | Florida |
|---|---|---|
| Shampoo | $0.91 | $1.06 |
| Movie | $10.11 | $10.68 |
| Bowling | $13.56 | $14.67 |
| Haircut | $20.99 | $18.62 |
| Beauty Salon | $40.18 | $39.05 |
Detailed Myrtle Grove Groceries Costs Vs. Florida
| Item | Myrtle Grove | Florida |
|---|---|---|
| Ground Beef | $4.78 | $4.22 |
| Fried Chicken | $1.12 | $1.39 |
| Milk | $2.74 | $2.05 |
| Potatoes | $4.2 | $3.29 |
| Pizza | $10.82 | $10.62 |
| Beer | $10.29 | $9.38 |
| Toothpaste | $2.54 | $2.34 |
Detailed Myrtle Grove Health Costs Vs. Florida
| Item | Myrtle Grove | Florida |
|---|---|---|
| Optometrist | $67.63 | $108.57 |
| Doctor | $93.0 | $116.17 |
| Dentist | $100.33 | $99.13 |
Detailed Myrtle Grove Transportation Costs Vs. Florida
| Item | Myrtle Grove | Florida |
|---|---|---|
| Gasoline | $2.29 | $2.22 |
| Tire Balancing | $40.98 | $50.07 |
Detailed Myrtle Grove Utilities Costs Vs. Florida
| Item | Myrtle Grove | Florida |
|---|---|---|
| All Electricity | $223.75 | $167.67 |
| Phone | $188.77 | $175.64 |
Myrtle Grove SnackAbility
/10
Cost Of Living In Cities Around Myrtle Grove
The cost of living varies in the cities and towns around Myrtle Grove. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 94, 1.1x Myrtle Grove.
Ferry Pass, FL has a cost of living index of 95, 1.1x Myrtle Grove.
Pace, FL has a cost of living index of 98, 1.1x Myrtle Grove.
| City | Population | Cost Of Living | Vs. Myrtle Grove |
|---|---|---|---|
| Pensacola, FL | 53,845 | 94 | 1.1x |
| Ferry Pass, FL | 30,526 | 95 | 1.1x |
| Pace, FL | 23,527 | 98 | 1.1x |
| Bellview, FL | 22,613 | 92 | 1.1x |
| Ensley, FL | 22,015 | 91 | 1.0x |
| West Pensacola, FL | 21,960 | 82 | 0.9x |
| Brent, FL | 21,717 | 87 | 1.0x |
| Warrington, FL | 16,140 | 84 | 1.0x |
| Gonzalez, FL | 14,324 | 95 | 1.1x |
| Gulf Breeze, FL | 6,249 | 125 | 1.4x |
