The Meadows, FL Cost Of Living
Cost Of Living In The Meadows, FL Summary
Cost of living in The Meadows 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 The Meadows 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 The Meadows is 110, with 100 being the average.
The cost of living index in The Meadows is 1.1x higher than the national average.
The Meadows ranks as the #352 cheapest in Florida out of 459.
The Meadows ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in The Meadows is $269,800.
The median income in The Meadows is $59,293.
Table Of Contents
The Meadows's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in The Meadows, FL?
According to the most recent data on the cost of living, The Meadows has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Florida, The Meadows has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in The Meadows ranks as #352 most affordable out of the 459 places we measured in Florida. By definition, that implies The Meadows ranks as the #107 most expensive place in the Sunshine State.
For more reading on life in The Meadows, check out:
- Living In The Meadows
- Search Homes For Sale In The Meadows, FL
In Florida
In America
The Meadows Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in The Meadows. Here is how it fairs on each of the criteria:
The Services index in The Meadows is 100.
The Groceries index in The Meadows is 108.
The Health index in The Meadows is 102.
The Housing index in The Meadows is 120.
The Transportation index in The Meadows is 108.
The Utilities index in The Meadows is 91.
| Living Expense | The Meadows | Florida | National Average | |
|---|---|---|---|---|
| Overall | 110 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 108 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 120 | 108 | 100 | |
| Transportation | 108 | 98 | 100 | |
| Utilities | 91 | 100 | 100 | |
The Meadows, FL Housing Cost Breakdown
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 The Meadows is $269,800.
The Median Rent in The Meadows is $1,387.
The Median Income in The Meadows is $59,293.
The Home Value To Income in The Meadows is 4.6x.
The Rent To Monthly Income in The Meadows is 0.28x.
| Statistic | The Meadows | Florida | United States |
|---|---|---|---|
| Median Home Value | $269,800 | $248,700 | $244,900 |
| Median Rent | $1,387 | $1,301 | $1,163 |
| Median Income | $59,293 | $61,777 | $69,021 |
| Home Value To Income | 4.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.28x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
The Meadows, FL Costs By Category
Detailed The Meadows Services Costs Vs. Florida
| Item | The Meadows | Florida |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $8.1 | $10.68 |
| Bowling | $20.08 | $14.67 |
| Haircut | $23.81 | $18.62 |
| Beauty Salon | $51.15 | $39.05 |
Detailed The Meadows Groceries Costs Vs. Florida
| Item | The Meadows | Florida |
|---|---|---|
| Ground Beef | $3.85 | $4.22 |
| Fried Chicken | $2.11 | $1.39 |
| Milk | $2.49 | $2.05 |
| Potatoes | $5.11 | $3.29 |
| Pizza | $10.51 | $10.62 |
| Beer | $9.67 | $9.38 |
| Toothpaste | $2.87 | $2.34 |
Detailed The Meadows Health Costs Vs. Florida
| Item | The Meadows | Florida |
|---|---|---|
| Optometrist | $115.19 | $108.57 |
| Doctor | $114.5 | $116.17 |
| Dentist | $102.32 | $99.13 |
Detailed The Meadows Transportation Costs Vs. Florida
| Item | The Meadows | Florida |
|---|---|---|
| Gasoline | $2.1 | $2.22 |
| Tire Balancing | $67.21 | $50.07 |
Detailed The Meadows Utilities Costs Vs. Florida
| Item | The Meadows | Florida |
|---|---|---|
| All Electricity | $130.57 | $167.67 |
| Phone | $188.41 | $175.64 |
The Meadows SnackAbility
/10
Cost Of Living In Cities Around The Meadows
The cost of living varies in the cities and towns around The Meadows. Here's a quick look at the cost of living in the most populous nearby places:
Bradenton, FL has a cost of living index of 95, 0.9x The Meadows.
Sarasota, FL has a cost of living index of 103, 0.9x The Meadows.
South Bradenton, FL has a cost of living index of 84, 0.8x The Meadows.
| City | Population | Cost Of Living | Vs. The Meadows |
|---|---|---|---|
| Bradenton, FL | 54,918 | 95 | 0.9x |
| Sarasota, FL | 53,786 | 103 | 0.9x |
| South Bradenton, FL | 24,972 | 84 | 0.8x |
| Venice, FL | 24,876 | 107 | 1.0x |
| Bayshore Gardens, FL | 19,720 | 87 | 0.8x |
| Fruitville, FL | 14,673 | 105 | 1.0x |
| Palmetto, FL | 13,304 | 95 | 0.9x |
| Sarasota Springs, FL | 12,366 | 101 | 0.9x |
| Bee Ridge, FL | 9,921 | 110 | 1.0x |
| South Gate Ridge, FL | 6,125 | 100 | 0.9x |
