Cost of living in Poinciana 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 Poinciana 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 Poinciana is 95, with 100 being the average.
The cost of living index in Poinciana is 0.9x lower than the national average.
Poinciana ranks as the #164 cheapest in Florida out of 459.
Poinciana ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Poinciana is $203,200.
The median income in Poinciana is $53,072.
According to the most recent data on the cost of living, Poinciana has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Poinciana has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Poinciana ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Poinciana ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Poinciana, check out:
Six factors go into calculating the cost of living index in Poinciana. Here is how it fairs on each of the criteria:
The Services index in Poinciana is 92.
The Groceries index in Poinciana is 101.
The Health index in Poinciana is 94.
The Housing index in Poinciana is 88.
The Transportation index in Poinciana is 97.
The Utilities index in Poinciana is 99.
Living Expense | Poinciana | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 92 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 94 | 96 | 100 | |
Housing | 88 | 108 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 99 | 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 Poinciana is $203,200.
The Median Rent in Poinciana is $1,389.
The Median Income in Poinciana is $53,072.
The Home Value To Income in Poinciana is 3.8x.
The Rent To Monthly Income in Poinciana is 0.31x.
Statistic | Poinciana | Florida | United States |
---|---|---|---|
Median Home Value | $203,200 | $248,700 | $244,900 |
Median Rent | $1,389 | $1,301 | $1,163 |
Median Income | $53,072 | $61,777 | $69,021 |
Home Value To Income | 3.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Poinciana. Here's a quick look at the cost of living in the most populous nearby places:
Kissimmee, FL has a cost of living index of 90, 0.9x Poinciana.
St. Cloud, FL has a cost of living index of 94, 1.0x Poinciana.
Four Corners, FL has a cost of living index of 95, 1.0x Poinciana.
City | Population | Cost Of Living | Vs. Poinciana |
---|---|---|---|
Kissimmee, FL | 77,189 | 90 | 0.9x |
St. Cloud, FL | 57,610 | 94 | 1.0x |
Four Corners, FL | 49,626 | 95 | 1.0x |
Winter Haven, FL | 48,707 | 89 | 0.9x |
Meadow Woods, FL | 39,904 | 98 | 1.0x |
Buenaventura Lakes, FL | 35,922 | 94 | 1.0x |
Hunters Creek, FL | 19,554 | 111 | 1.2x |
Lake Wales, FL | 16,173 | 88 | 0.9x |
Auburndale, FL | 15,704 | 90 | 0.9x |
Southchase, FL | 15,592 | 100 | 1.1x |