Cost of living in Northdale 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 Northdale 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 Northdale is 102, with 100 being the average.
The cost of living index in Northdale is 1.0x higher than the national average.
Northdale ranks as the #283 cheapest in Florida out of 459.
Northdale ranks as the #3,380 cheapest out of 6,412 in the US.
The median home value in Northdale is $279,300.
The median income in Northdale is $83,517.
According to the most recent data on the cost of living, Northdale has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Florida, Northdale has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Northdale ranks as #283 most affordable out of the 459 places we measured in Florida. By definition, that implies Northdale ranks as the #176 most expensive place in the Sunshine State.
For more reading on life in Northdale, check out:
Six factors go into calculating the cost of living index in Northdale. Here is how it fairs on each of the criteria:
The Services index in Northdale is 99.
The Groceries index in Northdale is 103.
The Health index in Northdale is 97.
The Housing index in Northdale is 108.
The Transportation index in Northdale is 100.
The Utilities index in Northdale is 102.
Living Expense | Northdale | Florida | National Average | |
---|---|---|---|---|
Overall | 102 | 101 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 108 | 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 Northdale is $279,300.
The Median Rent in Northdale is $1,434.
The Median Income in Northdale is $83,517.
The Home Value To Income in Northdale is 3.3x.
The Rent To Monthly Income in Northdale is 0.21x.
Statistic | Northdale | Florida | United States |
---|---|---|---|
Median Home Value | $279,300 | $248,700 | $244,900 |
Median Rent | $1,434 | $1,301 | $1,163 |
Median Income | $83,517 | $61,777 | $69,021 |
Home Value To Income | 3.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.21x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Northdale. 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, 1.0x Northdale.
Palm Harbor, FL has a cost of living index of 100, 1.0x Northdale.
Egypt Lake-Leto, FL has a cost of living index of 94, 0.9x Northdale.
City | Population | Cost Of Living | Vs. Northdale |
---|---|---|---|
Brandon, FL | 115,330 | 99 | 1.0x |
Palm Harbor, FL | 60,682 | 100 | 1.0x |
Egypt Lake-Leto, FL | 36,157 | 94 | 0.9x |
Carrollwood, FL | 35,846 | 100 | 1.0x |
Lake Magdalene, FL | 31,211 | 101 | 1.0x |
Citrus Park, FL | 27,440 | 101 | 1.0x |
Keystone, FL | 25,397 | 125 | 1.2x |
Westchase, FL | 24,185 | 117 | 1.1x |
Lutz, FL | 23,827 | 104 | 1.0x |
Trinity, FL | 18,191 | 116 | 1.1x |