Cost of living in Stuart 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 Stuart 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 Stuart is 93, with 100 being the average.
The cost of living index in Stuart is 0.9x lower than the national average.
Stuart ranks as the #128 cheapest in Florida out of 459.
Stuart ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Stuart is $224,600.
The median income in Stuart is $55,157.
According to the most recent data on the cost of living, Stuart has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Stuart has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Stuart ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Stuart ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Stuart, check out:
Six factors go into calculating the cost of living index in Stuart. Here is how it fairs on each of the criteria:
The Services index in Stuart is 102.
The Groceries index in Stuart is 100.
The Health index in Stuart is 110.
The Housing index in Stuart is 78.
The Transportation index in Stuart is 100.
The Utilities index in Stuart is 116.
Living Expense | Stuart | Florida | National Average | |
---|---|---|---|---|
Overall | 93 | 101 | 100 | |
Services | 102 | 98 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 110 | 96 | 100 | |
Housing | 78 | 108 | 100 | |
Transportation | 100 | 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 Stuart is $224,600.
The Median Rent in Stuart is $1,229.
The Median Income in Stuart is $55,157.
The Home Value To Income in Stuart is 4.1x.
The Rent To Monthly Income in Stuart is 0.27x.
Statistic | Stuart | Florida | United States |
---|---|---|---|
Median Home Value | $224,600 | $248,700 | $244,900 |
Median Rent | $1,229 | $1,301 | $1,163 |
Median Income | $55,157 | $61,777 | $69,021 |
Home Value To Income | 4.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Stuart. Here's a quick look at the cost of living in the most populous nearby places:
Port St. Lucie, FL has a cost of living index of 101, 1.1x Stuart.
Fort Pierce, FL has a cost of living index of 90, 1.0x Stuart.
Hobe Sound, FL has a cost of living index of 95, 1.0x Stuart.
City | Population | Cost Of Living | Vs. Stuart |
---|---|---|---|
Port St. Lucie, FL | 202,177 | 101 | 1.1x |
Fort Pierce, FL | 46,409 | 90 | 1.0x |
Hobe Sound, FL | 13,964 | 95 | 1.0x |
Jupiter Farms, FL | 13,437 | 126 | 1.4x |
Jensen Beach, FL | 13,108 | 103 | 1.1x |
Port Salerno, FL | 11,441 | 104 | 1.1x |
River Park, FL | 6,281 | 91 | 1.0x |