Cost of living in Sebring 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 Sebring 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 Sebring is 89, with 100 being the average.
The cost of living index in Sebring is 0.9x lower than the national average.
Sebring ranks as the #72 cheapest in Florida out of 459.
Sebring ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Sebring is $117,400.
The median income in Sebring is $32,607.
According to the most recent data on the cost of living, Sebring has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Florida, Sebring has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Sebring ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Sebring ranks as the #387 most expensive place in the Sunshine State.
For more reading on life in Sebring, check out:
Six factors go into calculating the cost of living index in Sebring. Here is how it fairs on each of the criteria:
The Services index in Sebring is 98.
The Groceries index in Sebring is 101.
The Health index in Sebring is 109.
The Housing index in Sebring is 53.
The Transportation index in Sebring is 103.
The Utilities index in Sebring is 116.
Living Expense | Sebring | Florida | National Average | |
---|---|---|---|---|
Overall | 89 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 53 | 108 | 100 | |
Transportation | 103 | 98 | 100 | |
Utilities | 116 | 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 Sebring is $117,400.
The Median Rent in Sebring is $832.
The Median Income in Sebring is $32,607.
The Home Value To Income in Sebring is 3.6x.
The Rent To Monthly Income in Sebring is 0.31x.
Statistic | Sebring | Florida | United States |
---|---|---|---|
Median Home Value | $117,400 | $248,700 | $244,900 |
Median Rent | $832 | $1,301 | $1,163 |
Median Income | $32,607 | $61,777 | $69,021 |
Home Value To Income | 3.6x | 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 Sebring. Here's a quick look at the cost of living in the most populous nearby places:
Poinciana, FL has a cost of living index of 95, 1.1x Sebring.
Winter Haven, FL has a cost of living index of 89, 1.0x Sebring.
Bartow, FL has a cost of living index of 90, 1.0x Sebring.
City | Population | Cost Of Living | Vs. Sebring |
---|---|---|---|
Poinciana, FL | 68,922 | 95 | 1.1x |
Winter Haven, FL | 48,707 | 89 | 1.0x |
Bartow, FL | 18,880 | 90 | 1.0x |
Lake Wales, FL | 16,173 | 88 | 1.0x |
Auburndale, FL | 15,704 | 90 | 1.0x |
Lakeland Highlands, FL | 11,326 | 105 | 1.2x |
Highland, IL | 10,215 | 88 | 1.0x |
Avon Park, FL | 9,725 | 84 | 0.9x |