Cost of living in Shady Hills 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 Shady Hills 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 Shady Hills is 89, with 100 being the average.
The cost of living index in Shady Hills is 0.9x lower than the national average.
Shady Hills ranks as the #72 cheapest in Florida out of 459.
Shady Hills ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Shady Hills is $164,400.
The median income in Shady Hills is $57,667.
According to the most recent data on the cost of living, Shady Hills has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Florida, Shady Hills has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Shady Hills ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Shady Hills ranks as the #387 most expensive place in the Sunshine State.
For more reading on life in Shady Hills, check out:
Six factors go into calculating the cost of living index in Shady Hills. Here is how it fairs on each of the criteria:
The Services index in Shady Hills is 98.
The Groceries index in Shady Hills is 105.
The Health index in Shady Hills is 99.
The Housing index in Shady Hills is 71.
The Transportation index in Shady Hills is 98.
The Utilities index in Shady Hills is 102.
Living Expense | Shady Hills | Florida | National Average | |
---|---|---|---|---|
Overall | 89 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 71 | 108 | 100 | |
Transportation | 98 | 98 | 100 | |
Utilities | 102 | 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 Shady Hills is $164,400.
The Median Rent in Shady Hills is $898.
The Median Income in Shady Hills is $57,667.
The Home Value To Income in Shady Hills is 2.9x.
The Rent To Monthly Income in Shady Hills is 0.19x.
Statistic | Shady Hills | Florida | United States |
---|---|---|---|
Median Home Value | $164,400 | $248,700 | $244,900 |
Median Rent | $898 | $1,301 | $1,163 |
Median Income | $57,667 | $61,777 | $69,021 |
Home Value To Income | 2.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.19x | 0.25x | 0.2x |
Item | Shady Hills | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Shady Hills | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Shady Hills | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Shady Hills | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Shady Hills | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Shady Hills. Here's a quick look at the cost of living in the most populous nearby places:
Spring Hill, FL has a cost of living index of 93, 1.0x Shady Hills.
Wesley Chapel, FL has a cost of living index of 103, 1.2x Shady Hills.
Land O' Lakes, FL has a cost of living index of 104, 1.2x Shady Hills.
City | Population | Cost Of Living | Vs. Shady Hills |
---|---|---|---|
Spring Hill, FL | 114,706 | 93 | 1.0x |
Wesley Chapel, FL | 65,134 | 103 | 1.2x |
Land O' Lakes, FL | 38,674 | 104 | 1.2x |
Keystone, FL | 25,397 | 125 | 1.4x |
Bayonet Point, FL | 25,200 | 86 | 1.0x |
Lutz, FL | 23,827 | 104 | 1.2x |
Jasmine Estates, FL | 23,334 | 85 | 1.0x |
Trinity, FL | 18,191 | 116 | 1.3x |
Elfers, FL | 13,373 | 86 | 1.0x |
Cheval, FL | 12,839 | 111 | 1.2x |