Cost of living in Sweetwater 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 Sweetwater 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 Sweetwater is 100, with 100 being the average.
The cost of living index in Sweetwater is 1.0x lower than the national average.
Sweetwater ranks as the #250 cheapest in Florida out of 459.
Sweetwater ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Sweetwater is $202,200.
The median income in Sweetwater is $46,224.
According to the most recent data on the cost of living, Sweetwater has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Florida, Sweetwater has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Sweetwater ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Sweetwater ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Sweetwater, check out:
Six factors go into calculating the cost of living index in Sweetwater. Here is how it fairs on each of the criteria:
The Services index in Sweetwater is 101.
The Groceries index in Sweetwater is 120.
The Health index in Sweetwater is 103.
The Housing index in Sweetwater is 85.
The Transportation index in Sweetwater is 108.
The Utilities index in Sweetwater is 100.
Living Expense | Sweetwater | Florida | National Average | |
---|---|---|---|---|
Overall | 100 | 101 | 100 | |
Services | 101 | 98 | 100 | |
Groceries | 120 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 85 | 108 | 100 | |
Transportation | 108 | 98 | 100 | |
Utilities | 100 | 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 Sweetwater is $202,200.
The Median Rent in Sweetwater is $1,456.
The Median Income in Sweetwater is $46,224.
The Home Value To Income in Sweetwater is 4.4x.
The Rent To Monthly Income in Sweetwater is 0.38x.
Statistic | Sweetwater | Florida | United States |
---|---|---|---|
Median Home Value | $202,200 | $248,700 | $244,900 |
Median Rent | $1,456 | $1,301 | $1,163 |
Median Income | $46,224 | $61,777 | $69,021 |
Home Value To Income | 4.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.38x | 0.25x | 0.2x |
Item | Sweetwater | Florida |
---|---|---|
Shampoo | $1.11 | $1.06 |
Movie | $13.23 | $10.68 |
Bowling | $22.13 | $14.67 |
Haircut | $14.37 | $18.62 |
Beauty Salon | $70.0 | $39.05 |
Item | Sweetwater | Florida |
---|---|---|
Ground Beef | $4.27 | $4.22 |
Fried Chicken | $1.73 | $1.39 |
Milk | $3.16 | $2.05 |
Potatoes | $3.86 | $3.29 |
Pizza | $9.1 | $10.62 |
Beer | $10.98 | $9.38 |
Toothpaste | $1.87 | $2.34 |
Item | Sweetwater | Florida |
---|---|---|
Optometrist | $105.63 | $108.57 |
Doctor | $111.06 | $116.17 |
Dentist | $107.78 | $99.13 |
Item | Sweetwater | Florida |
---|---|---|
Gasoline | $2.24 | $2.22 |
Tire Balancing | $60.69 | $50.07 |
Item | Sweetwater | Florida |
---|---|---|
All Electricity | $162.18 | $167.67 |
Phone | $188.17 | $175.64 |
The cost of living varies in the cities and towns around Sweetwater. Here's a quick look at the cost of living in the most populous nearby places:
Pembroke Pines, FL has a cost of living index of 113, 1.1x Sweetwater.
Doral, FL has a cost of living index of 128, 1.3x Sweetwater.
Fountainebleau, FL has a cost of living index of 103, 1.0x Sweetwater.
City | Population | Cost Of Living | Vs. Sweetwater |
---|---|---|---|
Pembroke Pines, FL | 170,346 | 113 | 1.1x |
Doral, FL | 73,126 | 128 | 1.3x |
Fountainebleau, FL | 57,957 | 103 | 1.0x |
Tamiami, FL | 54,525 | 116 | 1.2x |
Westchester, FL | 54,238 | 116 | 1.2x |
Kendale Lakes, FL | 53,392 | 108 | 1.1x |
Coral Gables, FL | 49,269 | 164 | 1.6x |
Richmond West, FL | 37,626 | 117 | 1.2x |
Miami Lakes, FL | 30,582 | 125 | 1.2x |
Coral Terrace, FL | 25,869 | 117 | 1.2x |