Cost of living in Sanford 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 Sanford 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 Sanford is 90, with 100 being the average.
The cost of living index in Sanford is 0.9x lower than the national average.
Sanford ranks as the #91 cheapest in Florida out of 459.
Sanford ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Sanford is $196,100.
The median income in Sanford is $55,428.
According to the most recent data on the cost of living, Sanford has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Florida, Sanford has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Sanford ranks as #91 most affordable out of the 459 places we measured in Florida. By definition, that implies Sanford ranks as the #368 most expensive place in the Sunshine State.
For more reading on life in Sanford, check out:
Six factors go into calculating the cost of living index in Sanford. Here is how it fairs on each of the criteria:
The Services index in Sanford is 95.
The Groceries index in Sanford is 103.
The Health index in Sanford is 91.
The Housing index in Sanford is 70.
The Transportation index in Sanford is 97.
The Utilities index in Sanford is 101.
Living Expense | Sanford | Florida | National Average | |
---|---|---|---|---|
Overall | 90 | 101 | 100 | |
Services | 95 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 91 | 96 | 100 | |
Housing | 70 | 108 | 100 | |
Transportation | 97 | 98 | 100 | |
Utilities | 101 | 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 Sanford is $196,100.
The Median Rent in Sanford is $1,255.
The Median Income in Sanford is $55,428.
The Home Value To Income in Sanford is 3.5x.
The Rent To Monthly Income in Sanford is 0.27x.
Statistic | Sanford | Florida | United States |
---|---|---|---|
Median Home Value | $196,100 | $248,700 | $244,900 |
Median Rent | $1,255 | $1,301 | $1,163 |
Median Income | $55,428 | $61,777 | $69,021 |
Home Value To Income | 3.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Sanford. Here's a quick look at the cost of living in the most populous nearby places:
Deltona, FL has a cost of living index of 92, 1.0x Sanford.
Alafaya, FL has a cost of living index of 101, 1.1x Sanford.
Apopka, FL has a cost of living index of 95, 1.1x Sanford.
City | Population | Cost Of Living | Vs. Sanford |
---|---|---|---|
Deltona, FL | 93,464 | 92 | 1.0x |
Alafaya, FL | 92,080 | 101 | 1.1x |
Apopka, FL | 54,110 | 95 | 1.1x |
Oviedo, FL | 39,405 | 106 | 1.2x |
Winter Springs, FL | 38,021 | 100 | 1.1x |
Winter Park, FL | 29,672 | 117 | 1.3x |
Casselberry, FL | 28,750 | 90 | 1.0x |
Wekiwa Springs, FL | 24,049 | 108 | 1.2x |
DeBary, FL | 22,015 | 95 | 1.1x |
Maitland, FL | 19,154 | 115 | 1.3x |