Cost of living in River Park 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 River Park 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 River Park is 91, with 100 being the average.
The cost of living index in River Park is 0.9x lower than the national average.
River Park ranks as the #106 cheapest in Florida out of 459.
River Park ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in River Park is $141,700.
The median income in River Park is $44,077.
According to the most recent data on the cost of living, River Park has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Florida, River Park has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in River Park ranks as #106 most affordable out of the 459 places we measured in Florida. By definition, that implies River Park ranks as the #353 most expensive place in the Sunshine State.
For more reading on life in River Park, check out:
Six factors go into calculating the cost of living index in River Park. Here is how it fairs on each of the criteria:
The Services index in River Park is 99.
The Groceries index in River Park is 101.
The Health index in River Park is 113.
The Housing index in River Park is 60.
The Transportation index in River Park is 103.
The Utilities index in River Park is 114.
Living Expense | River Park | Florida | National Average | |
---|---|---|---|---|
Overall | 91 | 101 | 100 | |
Services | 99 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 113 | 96 | 100 | |
Housing | 60 | 108 | 100 | |
Transportation | 103 | 98 | 100 | |
Utilities | 114 | 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 River Park is $141,700.
The Median Rent in River Park is $1,239.
The Median Income in River Park is $44,077.
The Home Value To Income in River Park is 3.2x.
The Rent To Monthly Income in River Park is 0.34x.
Statistic | River Park | Florida | United States |
---|---|---|---|
Median Home Value | $141,700 | $248,700 | $244,900 |
Median Rent | $1,239 | $1,301 | $1,163 |
Median Income | $44,077 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
Item | River Park | Florida |
---|---|---|
Shampoo | $0.98 | $1.06 |
Movie | $6.43 | $10.68 |
Bowling | $17.55 | $14.67 |
Haircut | $15.28 | $18.62 |
Beauty Salon | $45.42 | $39.05 |
Item | River Park | Florida |
---|---|---|
Ground Beef | $4.79 | $4.22 |
Fried Chicken | $1.63 | $1.39 |
Milk | $2.71 | $2.05 |
Potatoes | $3.94 | $3.29 |
Pizza | $9.99 | $10.62 |
Beer | $10.23 | $9.38 |
Toothpaste | $2.51 | $2.34 |
Item | River Park | Florida |
---|---|---|
Optometrist | $157.83 | $108.57 |
Doctor | $126.5 | $116.17 |
Dentist | $108.78 | $99.13 |
Item | River Park | Florida |
---|---|---|
Gasoline | $2.19 | $2.22 |
Tire Balancing | $51.86 | $50.07 |
Item | River Park | Florida |
---|---|---|
All Electricity | $208.89 | $167.67 |
Phone | $188.17 | $175.64 |
The cost of living varies in the cities and towns around River Park. Here's a quick look at the cost of living in the most populous nearby places:
Port St. Lucie, FL has a cost of living index of 101, 1.1x River Park.
Fort Pierce, FL has a cost of living index of 90, 1.0x River Park.
Florida Ridge, FL has a cost of living index of 93, 1.0x River Park.
City | Population | Cost Of Living | Vs. River Park |
---|---|---|---|
Port St. Lucie, FL | 202,177 | 101 | 1.1x |
Fort Pierce, FL | 46,409 | 90 | 1.0x |
Florida Ridge, FL | 22,151 | 93 | 1.0x |
Stuart, FL | 17,269 | 93 | 1.0x |
Lakewood Park, FL | 13,600 | 89 | 1.0x |
Jensen Beach, FL | 13,108 | 103 | 1.1x |
Indian River Estates, FL | 6,618 | 92 | 1.0x |