Olympia Heights, FL Cost Of Living
Cost Of Living In Olympia Heights, FL Summary
Cost of living in Olympia Heights 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 Olympia Heights 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 Olympia Heights is 120, with 100 being the average.
The cost of living index in Olympia Heights is 1.2x higher than the national average.
Olympia Heights ranks as the #405 cheapest in Florida out of 459.
Olympia Heights ranks as the #4,798 cheapest out of 6,412 in the US.
The median home value in Olympia Heights is $396,000.
The median income in Olympia Heights is $78,214.
Table Of Contents
Olympia Heights's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Olympia Heights, FL?
According to the most recent data on the cost of living, Olympia Heights has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Florida, Olympia Heights has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Olympia Heights ranks as #405 most affordable out of the 459 places we measured in Florida. By definition, that implies Olympia Heights ranks as the #54 most expensive place in the Sunshine State.
For more reading on life in Olympia Heights, check out:
- Living In Olympia Heights
- Search Homes For Sale In Olympia Heights, FL
In Florida
In America
Olympia Heights Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Olympia Heights. Here is how it fairs on each of the criteria:
The Services index in Olympia Heights is 103.
The Groceries index in Olympia Heights is 119.
The Health index in Olympia Heights is 105.
The Housing index in Olympia Heights is 149.
The Transportation index in Olympia Heights is 106.
The Utilities index in Olympia Heights is 101.
| Living Expense | Olympia Heights | Florida | National Average | |
|---|---|---|---|---|
| Overall | 120 | 101 | 100 | |
| Services | 103 | 98 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 105 | 96 | 100 | |
| Housing | 149 | 108 | 100 | |
| Transportation | 106 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Olympia Heights, 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 Olympia Heights is $396,000.
The Median Rent in Olympia Heights is $1,858.
The Median Income in Olympia Heights is $78,214.
The Home Value To Income in Olympia Heights is 5.1x.
The Rent To Monthly Income in Olympia Heights is 0.29x.
| Statistic | Olympia Heights | Florida | United States |
|---|---|---|---|
| Median Home Value | $396,000 | $248,700 | $244,900 |
| Median Rent | $1,858 | $1,301 | $1,163 |
| Median Income | $78,214 | $61,777 | $69,021 |
| Home Value To Income | 5.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Olympia Heights, FL Costs By Category
Detailed Olympia Heights Services Costs Vs. Florida
| Item | Olympia Heights | Florida |
|---|---|---|
| Shampoo | $1.11 | $1.06 |
| Movie | $13.23 | $10.68 |
| Bowling | $22.13 | $14.67 |
| Haircut | $14.37 | $18.62 |
| Beauty Salon | $70.0 | $39.05 |
Detailed Olympia Heights Groceries Costs Vs. Florida
| Item | Olympia Heights | Florida |
|---|---|---|
| Ground Beef | $4.27 | $4.22 |
| Fried Chicken | $1.73 | $1.39 |
| Milk | $3.16 | $2.05 |
| Potatoes | $3.86 | $3.29 |
| Pizza | $9.1 | $10.62 |
| Beer | $10.98 | $9.38 |
| Toothpaste | $1.87 | $2.34 |
Detailed Olympia Heights Health Costs Vs. Florida
| Item | Olympia Heights | Florida |
|---|---|---|
| Optometrist | $105.63 | $108.57 |
| Doctor | $111.06 | $116.17 |
| Dentist | $107.78 | $99.13 |
Detailed Olympia Heights Transportation Costs Vs. Florida
| Item | Olympia Heights | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $60.69 | $50.07 |
Detailed Olympia Heights Utilities Costs Vs. Florida
| Item | Olympia Heights | Florida |
|---|---|---|
| All Electricity | $162.18 | $167.67 |
| Phone | $188.17 | $175.64 |
Olympia Heights SnackAbility
/10
Cost Of Living In Cities Around Olympia Heights
The cost of living varies in the cities and towns around Olympia Heights. Here's a quick look at the cost of living in the most populous nearby places:
Kendall, FL has a cost of living index of 123, 1.0x Olympia Heights.
Fountainebleau, FL has a cost of living index of 103, 0.9x Olympia Heights.
Tamiami, FL has a cost of living index of 116, 1.0x Olympia Heights.
| City | Population | Cost Of Living | Vs. Olympia Heights |
|---|---|---|---|
| Kendall, FL | 78,007 | 123 | 1.0x |
| Fountainebleau, FL | 57,957 | 103 | 0.9x |
| Tamiami, FL | 54,525 | 116 | 1.0x |
| Westchester, FL | 54,238 | 116 | 1.0x |
| Kendale Lakes, FL | 53,392 | 108 | 0.9x |
| Coral Gables, FL | 49,269 | 164 | 1.4x |
| Richmond West, FL | 37,626 | 117 | 1.0x |
| Miami Lakes, FL | 30,582 | 125 | 1.0x |
| Coral Terrace, FL | 25,869 | 117 | 1.0x |
| The Crossings, FL | 22,382 | 116 | 1.0x |
