Cost of living in Plant City 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 Plant City 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 Plant City is 95, with 100 being the average.
The cost of living index in Plant City is 0.9x lower than the national average.
Plant City ranks as the #164 cheapest in Florida out of 459.
Plant City ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Plant City is $193,100.
The median income in Plant City is $57,025.
According to the most recent data on the cost of living, Plant City has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Plant City has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Plant City ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Plant City ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Plant City, check out:
Six factors go into calculating the cost of living index in Plant City. Here is how it fairs on each of the criteria:
The Services index in Plant City is 97.
The Groceries index in Plant City is 105.
The Health index in Plant City is 99.
The Housing index in Plant City is 77.
The Transportation index in Plant City is 101.
The Utilities index in Plant City is 100.
Living Expense | Plant City | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 77 | 108 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 100 | 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 Plant City is $193,100.
The Median Rent in Plant City is $1,108.
The Median Income in Plant City is $57,025.
The Home Value To Income in Plant City is 3.4x.
The Rent To Monthly Income in Plant City is 0.23x.
Statistic | Plant City | Florida | United States |
---|---|---|---|
Median Home Value | $193,100 | $248,700 | $244,900 |
Median Rent | $1,108 | $1,301 | $1,163 |
Median Income | $57,025 | $61,777 | $69,021 |
Home Value To Income | 3.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Item | Plant City | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Plant City | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Plant City | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Plant City | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Plant City | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |