Cost of living in Pahokee 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 Pahokee 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 Pahokee is 85, with 100 being the average.
The cost of living index in Pahokee is 0.8x lower than the national average.
Pahokee ranks as the #21 cheapest in Florida out of 459.
Pahokee ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Pahokee is $97,700.
The median income in Pahokee is $30,753.
According to the most recent data on the cost of living, Pahokee has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Florida, Pahokee has a cost of living index that's 0.8x lower than Florida's index of 101.
The standard of living in Pahokee ranks as #21 most affordable out of the 459 places we measured in Florida. By definition, that implies Pahokee ranks as the #438 most expensive place in the Sunshine State.
For more reading on life in Pahokee, check out:
Six factors go into calculating the cost of living index in Pahokee. Here is how it fairs on each of the criteria:
The Services index in Pahokee is 97.
The Groceries index in Pahokee is 118.
The Health index in Pahokee is 105.
The Housing index in Pahokee is 48.
The Transportation index in Pahokee is 108.
The Utilities index in Pahokee is 97.
Living Expense | Pahokee | Florida | National Average | |
---|---|---|---|---|
Overall | 85 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 118 | 101 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 48 | 108 | 100 | |
Transportation | 108 | 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 Pahokee is $97,700.
The Median Rent in Pahokee is $696.
The Median Income in Pahokee is $30,753.
The Home Value To Income in Pahokee is 3.2x.
The Rent To Monthly Income in Pahokee is 0.27x.
Statistic | Pahokee | Florida | United States |
---|---|---|---|
Median Home Value | $97,700 | $248,700 | $244,900 |
Median Rent | $696 | $1,301 | $1,163 |
Median Income | $30,753 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Pahokee. Here's a quick look at the cost of living in the most populous nearby places:
Coral Springs, FL has a cost of living index of 121, 1.4x Pahokee.
Boca Raton, FL has a cost of living index of 128, 1.5x Pahokee.
Jupiter, FL has a cost of living index of 123, 1.4x Pahokee.
City | Population | Cost Of Living | Vs. Pahokee |
---|---|---|---|
Coral Springs, FL | 133,693 | 121 | 1.4x |
Boca Raton, FL | 95,347 | 128 | 1.5x |
Jupiter, FL | 60,629 | 123 | 1.4x |
Palm Beach Gardens, FL | 58,482 | 122 | 1.4x |
Margate, FL | 58,331 | 98 | 1.2x |
Coconut Creek, FL | 57,553 | 103 | 1.2x |
Greenacres, FL | 43,482 | 98 | 1.2x |
The Acreage, FL | 40,771 | 115 | 1.4x |
Royal Palm Beach, FL | 38,697 | 112 | 1.3x |
Parkland, FL | 33,772 | 154 | 1.8x |