South Bradenton, FL Cost Of Living
Cost Of Living In South Bradenton, FL Summary
Cost of living in South Bradenton 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 South Bradenton 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 South Bradenton is 84, with 100 being the average.
The cost of living index in South Bradenton is 0.8x lower than the national average.
South Bradenton ranks as the #16 cheapest in Florida out of 459.
South Bradenton ranks as the #629 cheapest out of 6,412 in the US.
The median home value in South Bradenton is $97,700.
The median income in South Bradenton is $41,069.
Table Of Contents
South Bradenton's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in South Bradenton, FL?
According to the most recent data on the cost of living, South Bradenton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.
Compared to Florida, South Bradenton has a cost of living index that's 0.8x lower than Florida's index of 101.
The standard of living in South Bradenton ranks as #16 most affordable out of the 459 places we measured in Florida. By definition, that implies South Bradenton ranks as the #443 most expensive place in the Sunshine State.
For more reading on life in South Bradenton, check out:
- Living In South Bradenton
- Search Homes For Sale In South Bradenton, FL
In Florida
In America
South Bradenton Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Bradenton. Here is how it fairs on each of the criteria:
The Services index in South Bradenton is 100.
The Groceries index in South Bradenton is 109.
The Health index in South Bradenton is 101.
The Housing index in South Bradenton is 50.
The Transportation index in South Bradenton is 107.
The Utilities index in South Bradenton is 89.
| Living Expense | South Bradenton | Florida | National Average | |
|---|---|---|---|---|
| Overall | 84 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 109 | 101 | 100 | |
| Health | 101 | 96 | 100 | |
| Housing | 50 | 108 | 100 | |
| Transportation | 107 | 98 | 100 | |
| Utilities | 89 | 100 | 100 | |
South Bradenton, FL Housing Cost Breakdown
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 South Bradenton is $97,700.
The Median Rent in South Bradenton is $1,045.
The Median Income in South Bradenton is $41,069.
The Home Value To Income in South Bradenton is 2.4x.
The Rent To Monthly Income in South Bradenton is 0.31x.
| Statistic | South Bradenton | Florida | United States |
|---|---|---|---|
| Median Home Value | $97,700 | $248,700 | $244,900 |
| Median Rent | $1,045 | $1,301 | $1,163 |
| Median Income | $41,069 | $61,777 | $69,021 |
| Home Value To Income | 2.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.31x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
South Bradenton, FL Costs By Category
Detailed South Bradenton Services Costs Vs. Florida
| Item | South Bradenton | Florida |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $8.1 | $10.68 |
| Bowling | $20.08 | $14.67 |
| Haircut | $23.81 | $18.62 |
| Beauty Salon | $51.15 | $39.05 |
Detailed South Bradenton Groceries Costs Vs. Florida
| Item | South Bradenton | Florida |
|---|---|---|
| Ground Beef | $3.85 | $4.22 |
| Fried Chicken | $2.11 | $1.39 |
| Milk | $2.49 | $2.05 |
| Potatoes | $5.11 | $3.29 |
| Pizza | $10.51 | $10.62 |
| Beer | $9.67 | $9.38 |
| Toothpaste | $2.87 | $2.34 |
Detailed South Bradenton Health Costs Vs. Florida
| Item | South Bradenton | Florida |
|---|---|---|
| Optometrist | $115.19 | $108.57 |
| Doctor | $114.5 | $116.17 |
| Dentist | $102.32 | $99.13 |
Detailed South Bradenton Transportation Costs Vs. Florida
| Item | South Bradenton | Florida |
|---|---|---|
| Gasoline | $2.1 | $2.22 |
| Tire Balancing | $67.21 | $50.07 |
Detailed South Bradenton Utilities Costs Vs. Florida
| Item | South Bradenton | Florida |
|---|---|---|
| All Electricity | $130.57 | $167.67 |
| Phone | $188.41 | $175.64 |
South Bradenton SnackAbility
/10
Cost Of Living In Cities Around South Bradenton
The cost of living varies in the cities and towns around South Bradenton. Here's a quick look at the cost of living in the most populous nearby places:
Bradenton, FL has a cost of living index of 95, 1.1x South Bradenton.
Sarasota, FL has a cost of living index of 103, 1.2x South Bradenton.
Ruskin, FL has a cost of living index of 99, 1.2x South Bradenton.
| City | Population | Cost Of Living | Vs. South Bradenton |
|---|---|---|---|
| Bradenton, FL | 54,918 | 95 | 1.1x |
| Sarasota, FL | 53,786 | 103 | 1.2x |
| Ruskin, FL | 26,536 | 99 | 1.2x |
| Bayshore Gardens, FL | 19,720 | 87 | 1.0x |
| Fruitville, FL | 14,673 | 105 | 1.2x |
| Palmetto, FL | 13,304 | 95 | 1.1x |
| Sarasota Springs, FL | 12,366 | 101 | 1.2x |
| Longboat Key, FL | 7,446 | 161 | 1.9x |
| West Samoset, FL | 6,789 | 88 | 1.0x |
| Ellenton, FL | 5,504 | 95 | 1.1x |
