Pinecrest, FL Cost Of Living
Cost Of Living In Pinecrest, FL Summary
Cost of living in Pinecrest 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 Pinecrest 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 Pinecrest is 180, with 100 being the average.
The cost of living index in Pinecrest is 1.8x higher than the national average.
Pinecrest ranks as the #456 cheapest in Florida out of 459.
Pinecrest ranks as the #6,208 cheapest out of 6,412 in the US.
The median home value in Pinecrest is $937,600.
The median income in Pinecrest is $166,801.
Table Of Contents
Pinecrest's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pinecrest, FL?
According to the most recent data on the cost of living, Pinecrest has an overall cost of living index of 180, which is 1.8x higher than the national index of 100.
Compared to Florida, Pinecrest has a cost of living index that's 1.8x higher than Florida's index of 101.
The standard of living in Pinecrest ranks as #456 most affordable out of the 459 places we measured in Florida. By definition, that implies Pinecrest ranks as the #3 most expensive place in the Sunshine State.
For more reading on life in Pinecrest, check out:
- Living In Pinecrest
- Search Homes For Sale In Pinecrest, FL
In Florida
In America
Pinecrest Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Pinecrest. Here is how it fairs on each of the criteria:
The Services index in Pinecrest is 103.
The Groceries index in Pinecrest is 119.
The Health index in Pinecrest is 102.
The Housing index in Pinecrest is 362.
The Transportation index in Pinecrest is 109.
The Utilities index in Pinecrest is 100.
| Living Expense | Pinecrest | Florida | National Average | |
|---|---|---|---|---|
| Overall | 180 | 101 | 100 | |
| Services | 103 | 98 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 362 | 108 | 100 | |
| Transportation | 109 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Pinecrest, 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 Pinecrest is $937,600.
The Median Rent in Pinecrest is $1,729.
The Median Income in Pinecrest is $166,801.
The Home Value To Income in Pinecrest is 5.6x.
The Rent To Monthly Income in Pinecrest is 0.12x.
| Statistic | Pinecrest | Florida | United States |
|---|---|---|---|
| Median Home Value | $937,600 | $248,700 | $244,900 |
| Median Rent | $1,729 | $1,301 | $1,163 |
| Median Income | $166,801 | $61,777 | $69,021 |
| Home Value To Income | 5.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Pinecrest, FL Costs By Category
Detailed Pinecrest Services Costs Vs. Florida
Detailed Pinecrest Groceries Costs Vs. Florida
Detailed Pinecrest Health Costs Vs. Florida
Detailed Pinecrest Transportation Costs Vs. Florida
Detailed Pinecrest Utilities Costs Vs. Florida
Pinecrest SnackAbility
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Cost Of Living In Cities Around Pinecrest
The cost of living varies in the cities and towns around Pinecrest. 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, 0.7x Pinecrest.
Tamiami, FL has a cost of living index of 116, 0.6x Pinecrest.
Kendale Lakes, FL has a cost of living index of 108, 0.6x Pinecrest.
| City | Population | Cost Of Living | Vs. Pinecrest |
|---|---|---|---|
| Kendall, FL | 78,007 | 123 | 0.7x |
| Tamiami, FL | 54,525 | 116 | 0.6x |
| Kendale Lakes, FL | 53,392 | 108 | 0.6x |
| Coral Gables, FL | 49,269 | 164 | 0.9x |
| Richmond West, FL | 37,626 | 117 | 0.7x |
| Miami Lakes, FL | 30,582 | 125 | 0.7x |
| Coral Terrace, FL | 25,869 | 117 | 0.7x |
| Palmetto Bay, FL | 24,327 | 141 | 0.8x |
| The Crossings, FL | 22,382 | 116 | 0.6x |
| Country Walk, FL | 18,627 | 122 | 0.7x |
