Cost of living in Spring Hill 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 Spring Hill 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 Spring Hill is 93, with 100 being the average.
The cost of living index in Spring Hill is 0.9x lower than the national average.
Spring Hill ranks as the #128 cheapest in Florida out of 459.
Spring Hill ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Spring Hill is $179,600.
The median income in Spring Hill is $55,573.
According to the most recent data on the cost of living, Spring Hill has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Spring Hill has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Spring Hill ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Spring Hill ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Spring Hill, check out:
Six factors go into calculating the cost of living index in Spring Hill. Here is how it fairs on each of the criteria:
The Services index in Spring Hill is 97.
The Groceries index in Spring Hill is 105.
The Health index in Spring Hill is 96.
The Housing index in Spring Hill is 73.
The Transportation index in Spring Hill is 99.
The Utilities index in Spring Hill is 99.
Living Expense | Spring Hill | Florida | National Average | |
---|---|---|---|---|
Overall | 93 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 105 | 101 | 100 | |
Health | 96 | 96 | 100 | |
Housing | 73 | 108 | 100 | |
Transportation | 99 | 98 | 100 | |
Utilities | 99 | 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 Spring Hill is $179,600.
The Median Rent in Spring Hill is $1,145.
The Median Income in Spring Hill is $55,573.
The Home Value To Income in Spring Hill is 3.2x.
The Rent To Monthly Income in Spring Hill is 0.25x.
Statistic | Spring Hill | Florida | United States |
---|---|---|---|
Median Home Value | $179,600 | $248,700 | $244,900 |
Median Rent | $1,145 | $1,301 | $1,163 |
Median Income | $55,573 | $61,777 | $69,021 |
Home Value To Income | 3.2x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
Item | Spring Hill | 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 | Spring Hill | 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 | Spring Hill | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Spring Hill | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Spring Hill | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Spring Hill. Here's a quick look at the cost of living in the most populous nearby places:
Land O' Lakes, FL has a cost of living index of 104, 1.1x Spring Hill.
Bayonet Point, FL has a cost of living index of 86, 0.9x Spring Hill.
Jasmine Estates, FL has a cost of living index of 85, 0.9x Spring Hill.
City | Population | Cost Of Living | Vs. Spring Hill |
---|---|---|---|
Land O' Lakes, FL | 38,674 | 104 | 1.1x |
Bayonet Point, FL | 25,200 | 86 | 0.9x |
Jasmine Estates, FL | 23,334 | 85 | 0.9x |
New Port Richey, FL | 16,348 | 83 | 0.9x |
Shady Hills, FL | 12,359 | 89 | 1.0x |
Hudson, FL | 11,230 | 94 | 1.0x |
North Weeki Wachee, FL | 7,257 | 97 | 1.0x |