Port Charlotte, FL Cost Of Living
Cost Of Living In Port Charlotte, FL Summary
Cost of living in Port Charlotte 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 Port Charlotte 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 Port Charlotte is 99, with 100 being the average.
The cost of living index in Port Charlotte is 1.0x lower than the national average.
Port Charlotte ranks as the #231 cheapest in Florida out of 459.
Port Charlotte ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Port Charlotte is $192,900.
The median income in Port Charlotte is $54,956.
Table Of Contents
Port Charlotte's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Port Charlotte, FL?
According to the most recent data on the cost of living, Port Charlotte has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Port Charlotte has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Port Charlotte ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Port Charlotte ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Port Charlotte, check out:
- Living In Port Charlotte
- Search Homes For Sale In Port Charlotte, FL
In Florida
In America
Port Charlotte Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Port Charlotte. Here is how it fairs on each of the criteria:
The Services index in Port Charlotte is 108.
The Groceries index in Port Charlotte is 100.
The Health index in Port Charlotte is 108.
The Housing index in Port Charlotte is 78.
The Transportation index in Port Charlotte is 114.
The Utilities index in Port Charlotte is 100.
| Living Expense | Port Charlotte | Florida | National Average | |
|---|---|---|---|---|
| Overall | 99 | 101 | 100 | |
| Services | 108 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 78 | 108 | 100 | |
| Transportation | 114 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Port Charlotte, 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 Port Charlotte is $192,900.
The Median Rent in Port Charlotte is $1,101.
The Median Income in Port Charlotte is $54,956.
The Home Value To Income in Port Charlotte is 3.5x.
The Rent To Monthly Income in Port Charlotte is 0.24x.
| Statistic | Port Charlotte | Florida | United States |
|---|---|---|---|
| Median Home Value | $192,900 | $248,700 | $244,900 |
| Median Rent | $1,101 | $1,301 | $1,163 |
| Median Income | $54,956 | $61,777 | $69,021 |
| Home Value To Income | 3.5x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Port Charlotte, FL Costs By Category
Detailed Port Charlotte Services Costs Vs. Florida
| Item | Port Charlotte | Florida |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.88 | $10.68 |
| Bowling | $19.12 | $14.67 |
| Haircut | $21.52 | $18.62 |
| Beauty Salon | $33.41 | $39.05 |
Detailed Port Charlotte Groceries Costs Vs. Florida
| Item | Port Charlotte | Florida |
|---|---|---|
| Ground Beef | $4.42 | $4.22 |
| Fried Chicken | $1.92 | $1.39 |
| Milk | $2.4 | $2.05 |
| Potatoes | $3.3 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $9.7 | $9.38 |
| Toothpaste | $2.31 | $2.34 |
Detailed Port Charlotte Health Costs Vs. Florida
| Item | Port Charlotte | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed Port Charlotte Transportation Costs Vs. Florida
| Item | Port Charlotte | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed Port Charlotte Utilities Costs Vs. Florida
| Item | Port Charlotte | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
Port Charlotte SnackAbility
/10
Cost Of Living In Cities Around Port Charlotte
The cost of living varies in the cities and towns around Port Charlotte. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 100, 1.0x Port Charlotte.
Englewood, FL has a cost of living index of 94, 0.9x Port Charlotte.
Punta Gorda, FL has a cost of living index of 115, 1.2x Port Charlotte.
| City | Population | Cost Of Living | Vs. Port Charlotte |
|---|---|---|---|
| North Port, FL | 74,131 | 100 | 1.0x |
| Englewood, FL | 19,683 | 94 | 0.9x |
| Punta Gorda, FL | 19,230 | 115 | 1.2x |
| South Venice, FL | 16,426 | 101 | 1.0x |
| Rotonda, FL | 9,906 | 108 | 1.1x |
| Grove, OK | 6,900 | 87 | 0.9x |
| Warm Mineral Springs, FL | 5,051 | 94 | 0.9x |
