South Patrick Shores, FL Cost Of Living
Cost Of Living In South Patrick Shores, FL Summary
Cost of living in South Patrick Shores 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 Patrick Shores 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 Patrick Shores is 110, with 100 being the average.
The cost of living index in South Patrick Shores is 1.1x higher than the national average.
South Patrick Shores ranks as the #352 cheapest in Florida out of 459.
South Patrick Shores ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in South Patrick Shores is $298,900.
The median income in South Patrick Shores is $68,766.
Table Of Contents
South Patrick Shores's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in South Patrick Shores, FL?
According to the most recent data on the cost of living, South Patrick Shores has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Florida, South Patrick Shores has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in South Patrick Shores ranks as #352 most affordable out of the 459 places we measured in Florida. By definition, that implies South Patrick Shores ranks as the #107 most expensive place in the Sunshine State.
For more reading on life in South Patrick Shores, check out:
- Living In South Patrick Shores
- Search Homes For Sale In South Patrick Shores, FL
In Florida
In America
South Patrick Shores Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Patrick Shores. Here is how it fairs on each of the criteria:
The Services index in South Patrick Shores is 98.
The Groceries index in South Patrick Shores is 103.
The Health index in South Patrick Shores is 112.
The Housing index in South Patrick Shores is 130.
The Transportation index in South Patrick Shores is 99.
The Utilities index in South Patrick Shores is 113.
| Living Expense | South Patrick Shores | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 101 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 112 | 96 | 100 | |
| Housing | 130 | 108 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 113 | 100 | 100 | |
South Patrick Shores, 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 Patrick Shores is $298,900.
The Median Rent in South Patrick Shores is $1,458.
The Median Income in South Patrick Shores is $68,766.
The Home Value To Income in South Patrick Shores is 4.3x.
The Rent To Monthly Income in South Patrick Shores is 0.25x.
| Statistic | South Patrick Shores | Florida | United States |
|---|---|---|---|
| Median Home Value | $298,900 | $248,700 | $244,900 |
| Median Rent | $1,458 | $1,301 | $1,163 |
| Median Income | $68,766 | $61,777 | $69,021 |
| Home Value To Income | 4.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
South Patrick Shores, FL Costs By Category
Detailed South Patrick Shores Services Costs Vs. Florida
| Item | South Patrick Shores | 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 |
Detailed South Patrick Shores Groceries Costs Vs. Florida
| Item | South Patrick Shores | 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 |
Detailed South Patrick Shores Health Costs Vs. Florida
| Item | South Patrick Shores | Florida |
|---|---|---|
| Optometrist | $157.83 | $108.57 |
| Doctor | $126.5 | $116.17 |
| Dentist | $108.78 | $99.13 |
Detailed South Patrick Shores Transportation Costs Vs. Florida
| Item | South Patrick Shores | Florida |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $51.86 | $50.07 |
Detailed South Patrick Shores Utilities Costs Vs. Florida
| Item | South Patrick Shores | Florida |
|---|---|---|
| All Electricity | $208.89 | $167.67 |
| Phone | $188.17 | $175.64 |
South Patrick Shores SnackAbility
/10
Cost Of Living In Cities Around South Patrick Shores
The cost of living varies in the cities and towns around South Patrick Shores. Here's a quick look at the cost of living in the most populous nearby places:
Palm Bay, FL has a cost of living index of 95, 0.9x South Patrick Shores.
Melbourne, FL has a cost of living index of 93, 0.8x South Patrick Shores.
Merritt Island, FL has a cost of living index of 100, 0.9x South Patrick Shores.
| City | Population | Cost Of Living | Vs. South Patrick Shores |
|---|---|---|---|
| Palm Bay, FL | 118,709 | 95 | 0.9x |
| Melbourne, FL | 83,500 | 93 | 0.8x |
| Merritt Island, FL | 34,013 | 100 | 0.9x |
| Rockledge, FL | 27,466 | 96 | 0.9x |
| West Melbourne, FL | 25,768 | 105 | 1.0x |
| Cocoa, FL | 18,891 | 86 | 0.8x |
| Viera West, FL | 14,322 | 113 | 1.0x |
| Viera East, FL | 12,020 | 102 | 0.9x |
| Cocoa Beach, FL | 11,316 | 110 | 1.0x |
| Satellite Beach, FL | 11,093 | 113 | 1.0x |
