Cost of living in Sugarmill Woods 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 Sugarmill Woods 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 Sugarmill Woods is 100, with 100 being the average.
The cost of living index in Sugarmill Woods is 1.0x lower than the national average.
Sugarmill Woods ranks as the #250 cheapest in Florida out of 459.
Sugarmill Woods ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Sugarmill Woods is $216,100.
The median income in Sugarmill Woods is $54,265.
According to the most recent data on the cost of living, Sugarmill Woods has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Florida, Sugarmill Woods has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Sugarmill Woods ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Sugarmill Woods ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Sugarmill Woods, check out:
Six factors go into calculating the cost of living index in Sugarmill Woods. Here is how it fairs on each of the criteria:
The Services index in Sugarmill Woods is 100.
The Groceries index in Sugarmill Woods is 103.
The Health index in Sugarmill Woods is 99.
The Housing index in Sugarmill Woods is 95.
The Transportation index in Sugarmill Woods is 100.
The Utilities index in Sugarmill Woods is 101.
Living Expense | Sugarmill Woods | Florida | National Average | |
---|---|---|---|---|
Overall | 100 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 95 | 108 | 100 | |
Transportation | 100 | 98 | 100 | |
Utilities | 101 | 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 Sugarmill Woods is $216,100.
The Median Rent in Sugarmill Woods is $1,271.
The Median Income in Sugarmill Woods is $54,265.
The Home Value To Income in Sugarmill Woods is 4.0x.
The Rent To Monthly Income in Sugarmill Woods is 0.28x.
Statistic | Sugarmill Woods | Florida | United States |
---|---|---|---|
Median Home Value | $216,100 | $248,700 | $244,900 |
Median Rent | $1,271 | $1,301 | $1,163 |
Median Income | $54,265 | $61,777 | $69,021 |
Home Value To Income | 4.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
Item | Sugarmill Woods | 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 | Sugarmill Woods | 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 | Sugarmill Woods | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Sugarmill Woods | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Sugarmill Woods | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Sugarmill Woods. Here's a quick look at the cost of living in the most populous nearby places:
The Villages, FL has a cost of living index of 108, 1.1x Sugarmill Woods.
Palm Harbor, FL has a cost of living index of 100, 1.0x Sugarmill Woods.
Carrollwood, FL has a cost of living index of 100, 1.0x Sugarmill Woods.
City | Population | Cost Of Living | Vs. Sugarmill Woods |
---|---|---|---|
The Villages, FL | 76,415 | 108 | 1.1x |
Palm Harbor, FL | 60,682 | 100 | 1.0x |
Carrollwood, FL | 35,846 | 100 | 1.0x |
Citrus Park, FL | 27,440 | 101 | 1.0x |
Temple Terrace, FL | 26,585 | 99 | 1.0x |
Keystone, FL | 25,397 | 125 | 1.2x |
Northdale, FL | 24,924 | 102 | 1.0x |
Lutz, FL | 23,827 | 104 | 1.0x |
Trinity, FL | 18,191 | 116 | 1.2x |
Oldsmar, FL | 14,800 | 100 | 1.0x |