Cost of living in Tequesta 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 Tequesta 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 Tequesta is 121, with 100 being the average.
The cost of living index in Tequesta is 1.2x higher than the national average.
Tequesta ranks as the #407 cheapest in Florida out of 459.
Tequesta ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Tequesta is $445,200.
The median income in Tequesta is $89,018.
According to the most recent data on the cost of living, Tequesta has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Florida, Tequesta has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Tequesta ranks as #407 most affordable out of the 459 places we measured in Florida. By definition, that implies Tequesta ranks as the #52 most expensive place in the Sunshine State.
For more reading on life in Tequesta, check out:
Six factors go into calculating the cost of living index in Tequesta. Here is how it fairs on each of the criteria:
The Services index in Tequesta is 98.
The Groceries index in Tequesta is 100.
The Health index in Tequesta is 112.
The Housing index in Tequesta is 160.
The Transportation index in Tequesta is 101.
The Utilities index in Tequesta is 113.
Living Expense | Tequesta | Florida | National Average | |
---|---|---|---|---|
Overall | 121 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 112 | 96 | 100 | |
Housing | 160 | 108 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 113 | 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 Tequesta is $445,200.
The Median Rent in Tequesta is $1,856.
The Median Income in Tequesta is $89,018.
The Home Value To Income in Tequesta is 5.0x.
The Rent To Monthly Income in Tequesta is 0.25x.
Statistic | Tequesta | Florida | United States |
---|---|---|---|
Median Home Value | $445,200 | $248,700 | $244,900 |
Median Rent | $1,856 | $1,301 | $1,163 |
Median Income | $89,018 | $61,777 | $69,021 |
Home Value To Income | 5.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Tequesta. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 107, 0.9x Tequesta.
Jupiter, FL has a cost of living index of 123, 1.0x Tequesta.
Palm Beach Gardens, FL has a cost of living index of 122, 1.0x Tequesta.
City | Population | Cost Of Living | Vs. Tequesta |
---|---|---|---|
West Palm Beach, FL | 115,877 | 107 | 0.9x |
Jupiter, FL | 60,629 | 123 | 1.0x |
Palm Beach Gardens, FL | 58,482 | 122 | 1.0x |
The Acreage, FL | 40,771 | 115 | 1.0x |
Royal Palm Beach, FL | 38,697 | 112 | 0.9x |
Riviera Beach, FL | 37,301 | 97 | 0.8x |
Stuart, FL | 17,269 | 93 | 0.8x |
Hobe Sound, FL | 13,964 | 95 | 0.8x |
Jupiter Farms, FL | 13,437 | 126 | 1.0x |
North Palm Beach, FL | 13,096 | 116 | 1.0x |