Cost of living in Nocatee 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 Nocatee 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 Nocatee is 122, with 100 being the average.
The cost of living index in Nocatee is 1.2x higher than the national average.
Nocatee ranks as the #412 cheapest in Florida out of 459.
Nocatee ranks as the #4,905 cheapest out of 6,412 in the US.
The median home value in Nocatee is $439,700.
The median income in Nocatee is $128,382.
According to the most recent data on the cost of living, Nocatee has an overall cost of living index of 122, which is 1.2x higher than the national index of 100.
Compared to Florida, Nocatee has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Nocatee ranks as #412 most affordable out of the 459 places we measured in Florida. By definition, that implies Nocatee ranks as the #47 most expensive place in the Sunshine State.
For more reading on life in Nocatee, check out:
Six factors go into calculating the cost of living index in Nocatee. Here is how it fairs on each of the criteria:
The Services index in Nocatee is 94.
The Groceries index in Nocatee is 98.
The Health index in Nocatee is 83.
The Housing index in Nocatee is 185.
The Transportation index in Nocatee is 88.
The Utilities index in Nocatee is 96.
Living Expense | Nocatee | Florida | National Average | |
---|---|---|---|---|
Overall | 122 | 101 | 100 | |
Services | 94 | 98 | 100 | |
Groceries | 98 | 101 | 100 | |
Health | 83 | 96 | 100 | |
Housing | 185 | 108 | 100 | |
Transportation | 88 | 98 | 100 | |
Utilities | 96 | 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 Nocatee is $439,700.
The Median Rent in Nocatee is $3,002.
The Median Income in Nocatee is $128,382.
The Home Value To Income in Nocatee is 3.4x.
The Rent To Monthly Income in Nocatee is 0.28x.
Statistic | Nocatee | Florida | United States |
---|---|---|---|
Median Home Value | $439,700 | $248,700 | $244,900 |
Median Rent | $3,002 | $1,301 | $1,163 |
Median Income | $128,382 | $61,777 | $69,021 |
Home Value To Income | 3.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Nocatee. Here's a quick look at the cost of living in the most populous nearby places:
Fruit Cove, FL has a cost of living index of 115, 0.9x Nocatee.
Fleming Island, FL has a cost of living index of 105, 0.9x Nocatee.
Jacksonville Beach, FL has a cost of living index of 109, 0.9x Nocatee.
City | Population | Cost Of Living | Vs. Nocatee |
---|---|---|---|
Fruit Cove, FL | 34,469 | 115 | 0.9x |
Fleming Island, FL | 29,505 | 105 | 0.9x |
Jacksonville Beach, FL | 23,492 | 109 | 0.9x |
Palm Valley, FL | 20,115 | 122 | 1.0x |
St. Augustine, FL | 13,994 | 102 | 0.8x |
Atlantic Beach, FL | 13,404 | 115 | 0.9x |
Neptune Beach, FL | 6,880 | 116 | 1.0x |