Cost of living in Naranja 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 Naranja 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 Naranja is 99, with 100 being the average.
The cost of living index in Naranja is 1.0x lower than the national average.
Naranja ranks as the #231 cheapest in Florida out of 459.
Naranja ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Naranja is $235,000.
The median income in Naranja is $46,743.
According to the most recent data on the cost of living, Naranja has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Naranja has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Naranja ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Naranja ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Naranja, check out:
Six factors go into calculating the cost of living index in Naranja. Here is how it fairs on each of the criteria:
The Services index in Naranja is 103.
The Groceries index in Naranja is 117.
The Health index in Naranja is 103.
The Housing index in Naranja is 82.
The Transportation index in Naranja is 107.
The Utilities index in Naranja is 97.
Living Expense | Naranja | Florida | National Average | |
---|---|---|---|---|
Overall | 99 | 101 | 100 | |
Services | 103 | 98 | 100 | |
Groceries | 117 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 82 | 108 | 100 | |
Transportation | 107 | 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 Naranja is $235,000.
The Median Rent in Naranja is $1,405.
The Median Income in Naranja is $46,743.
The Home Value To Income in Naranja is 5.0x.
The Rent To Monthly Income in Naranja is 0.36x.
Statistic | Naranja | Florida | United States |
---|---|---|---|
Median Home Value | $235,000 | $248,700 | $244,900 |
Median Rent | $1,405 | $1,301 | $1,163 |
Median Income | $46,743 | $61,777 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.36x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Naranja. Here's a quick look at the cost of living in the most populous nearby places:
Homestead, FL has a cost of living index of 101, 1.0x Naranja.
Tamiami, FL has a cost of living index of 116, 1.2x Naranja.
Kendale Lakes, FL has a cost of living index of 108, 1.1x Naranja.
City | Population | Cost Of Living | Vs. Naranja |
---|---|---|---|
Homestead, FL | 78,885 | 101 | 1.0x |
Tamiami, FL | 54,525 | 116 | 1.2x |
Kendale Lakes, FL | 53,392 | 108 | 1.1x |
Coral Gables, FL | 49,269 | 164 | 1.7x |
Cutler Bay, FL | 44,865 | 113 | 1.1x |
Richmond West, FL | 37,626 | 117 | 1.2x |
Princeton, FL | 36,381 | 106 | 1.1x |
South Miami Heights, FL | 36,239 | 102 | 1.0x |
Coral Terrace, FL | 25,869 | 117 | 1.2x |
The Crossings, FL | 22,382 | 116 | 1.2x |