Cost of living in Quincy 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 Quincy 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 Quincy is 87, with 100 being the average.
The cost of living index in Quincy is 0.9x lower than the national average.
Quincy ranks as the #44 cheapest in Florida out of 459.
Quincy ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Quincy is $78,600.
The median income in Quincy is $31,756.
According to the most recent data on the cost of living, Quincy has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, Quincy has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Quincy ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies Quincy ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in Quincy, check out:
Six factors go into calculating the cost of living index in Quincy. Here is how it fairs on each of the criteria:
The Services index in Quincy is 96.
The Groceries index in Quincy is 107.
The Health index in Quincy is 105.
The Housing index in Quincy is 58.
The Transportation index in Quincy is 102.
The Utilities index in Quincy is 87.
Living Expense | Quincy | Florida | National Average | |
---|---|---|---|---|
Overall | 87 | 101 | 100 | |
Services | 96 | 98 | 100 | |
Groceries | 107 | 101 | 100 | |
Health | 105 | 96 | 100 | |
Housing | 58 | 108 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 87 | 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 Quincy is $78,600.
The Median Rent in Quincy is $681.
The Median Income in Quincy is $31,756.
The Home Value To Income in Quincy is 2.5x.
The Rent To Monthly Income in Quincy is 0.26x.
Statistic | Quincy | Florida | United States |
---|---|---|---|
Median Home Value | $78,600 | $248,700 | $244,900 |
Median Rent | $681 | $1,301 | $1,163 |
Median Income | $31,756 | $61,777 | $69,021 |
Home Value To Income | 2.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Quincy. Here's a quick look at the cost of living in the most populous nearby places:
Tallahassee, FL has a cost of living index of 100, 1.1x Quincy.
Thomasville, GA has a cost of living index of 93, 1.1x Quincy.
Bainbridge, GA has a cost of living index of 90, 1.0x Quincy.
City | Population | Cost Of Living | Vs. Quincy |
---|---|---|---|
Tallahassee, FL | 195,057 | 100 | 1.1x |
Thomasville, GA | 18,844 | 93 | 1.1x |
Bainbridge, GA | 14,210 | 90 | 1.0x |
Cairo, GA | 10,095 | 88 | 1.0x |