Cost of living in Tice 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 Tice 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 Tice is 89, with 100 being the average.
The cost of living index in Tice is 0.9x lower than the national average.
Tice ranks as the #72 cheapest in Florida out of 459.
Tice ranks as the #1,460 cheapest out of 6,412 in the US.
The median home value in Tice is $119,600.
The median income in Tice is $44,224.
According to the most recent data on the cost of living, Tice has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.
Compared to Florida, Tice has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Tice ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Tice ranks as the #387 most expensive place in the Sunshine State.
For more reading on life in Tice, check out:
Six factors go into calculating the cost of living index in Tice. Here is how it fairs on each of the criteria:
The Services index in Tice is 106.
The Groceries index in Tice is 98.
The Health index in Tice is 109.
The Housing index in Tice is 43.
The Transportation index in Tice is 112.
The Utilities index in Tice is 96.
Living Expense | Tice | Florida | National Average | |
---|---|---|---|---|
Overall | 89 | 101 | 100 | |
Services | 106 | 98 | 100 | |
Groceries | 98 | 101 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 43 | 108 | 100 | |
Transportation | 112 | 98 | 100 | |
Utilities | 96 | 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 Tice is $119,600.
The Median Rent in Tice is $1,075.
The Median Income in Tice is $44,224.
The Home Value To Income in Tice is 2.7x.
The Rent To Monthly Income in Tice is 0.29x.
Statistic | Tice | Florida | United States |
---|---|---|---|
Median Home Value | $119,600 | $248,700 | $244,900 |
Median Rent | $1,075 | $1,301 | $1,163 |
Median Income | $44,224 | $61,777 | $69,021 |
Home Value To Income | 2.7x | 4.0x | 3.5x |
Rent To Monthly Income | 0.29x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Tice. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 105, 1.2x Tice.
Lehigh Acres, FL has a cost of living index of 96, 1.1x Tice.
Fort Myers, FL has a cost of living index of 100, 1.1x Tice.
City | Population | Cost Of Living | Vs. Tice |
---|---|---|---|
Cape Coral, FL | 193,003 | 105 | 1.2x |
Lehigh Acres, FL | 123,751 | 96 | 1.1x |
Fort Myers, FL | 84,694 | 100 | 1.1x |
North Fort Myers, FL | 41,551 | 87 | 1.0x |
Punta Gorda, FL | 19,230 | 115 | 1.3x |
San Carlos Park, FL | 18,590 | 99 | 1.1x |
Villas, FL | 13,764 | 97 | 1.1x |
Iona, FL | 13,160 | 108 | 1.2x |
Cypress Lake, FL | 12,334 | 97 | 1.1x |
Gateway, FL | 10,772 | 118 | 1.3x |