Cost of living in Wedgefield 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 Wedgefield 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 Wedgefield is 101, with 100 being the average.
The cost of living index in Wedgefield is 1.0x higher than the national average.
Wedgefield ranks as the #268 cheapest in Florida out of 459.
Wedgefield ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Wedgefield is $297,900.
The median income in Wedgefield is $99,681.
According to the most recent data on the cost of living, Wedgefield has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Wedgefield has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Wedgefield ranks as #268 most affordable out of the 459 places we measured in Florida. By definition, that implies Wedgefield ranks as the #191 most expensive place in the Sunshine State.
For more reading on life in Wedgefield, check out:
Six factors go into calculating the cost of living index in Wedgefield. Here is how it fairs on each of the criteria:
The Services index in Wedgefield is 92.
The Groceries index in Wedgefield is 101.
The Health index in Wedgefield is 92.
The Housing index in Wedgefield is 117.
The Transportation index in Wedgefield is 95.
The Utilities index in Wedgefield is 99.
Living Expense | Wedgefield | Florida | National Average | |
---|---|---|---|---|
Overall | 101 | 101 | 100 | |
Services | 92 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 92 | 96 | 100 | |
Housing | 117 | 108 | 100 | |
Transportation | 95 | 98 | 100 | |
Utilities | 99 | 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 Wedgefield is $297,900.
The Median Rent in Wedgefield is $1,812.
The Median Income in Wedgefield is $99,681.
The Home Value To Income in Wedgefield is 3.0x.
The Rent To Monthly Income in Wedgefield is 0.22x.
Statistic | Wedgefield | Florida | United States |
---|---|---|---|
Median Home Value | $297,900 | $248,700 | $244,900 |
Median Rent | $1,812 | $1,301 | $1,163 |
Median Income | $99,681 | $61,777 | $69,021 |
Home Value To Income | 3.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Item | Wedgefield | Florida |
---|---|---|
Shampoo | $1.0 | $1.06 |
Movie | $10.55 | $10.68 |
Bowling | $14.36 | $14.67 |
Haircut | $20.89 | $18.62 |
Beauty Salon | $54.17 | $39.05 |
Item | Wedgefield | Florida |
---|---|---|
Ground Beef | $4.46 | $4.22 |
Fried Chicken | $1.27 | $1.39 |
Milk | $2.39 | $2.05 |
Potatoes | $3.42 | $3.29 |
Pizza | $9.66 | $10.62 |
Beer | $9.23 | $9.38 |
Toothpaste | $1.89 | $2.34 |
Item | Wedgefield | Florida |
---|---|---|
Optometrist | $100.39 | $108.57 |
Doctor | $83.46 | $116.17 |
Dentist | $97.71 | $99.13 |
Item | Wedgefield | Florida |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $49.25 | $50.07 |
Item | Wedgefield | Florida |
---|---|---|
All Electricity | $164.06 | $167.67 |
Phone | $187.87 | $175.64 |
The cost of living varies in the cities and towns around Wedgefield. Here's a quick look at the cost of living in the most populous nearby places:
Alafaya, FL has a cost of living index of 101, 1.0x Wedgefield.
Oviedo, FL has a cost of living index of 106, 1.0x Wedgefield.
Winter Springs, FL has a cost of living index of 100, 1.0x Wedgefield.
City | Population | Cost Of Living | Vs. Wedgefield |
---|---|---|---|
Alafaya, FL | 92,080 | 101 | 1.0x |
Oviedo, FL | 39,405 | 106 | 1.0x |
Winter Springs, FL | 38,021 | 100 | 1.0x |
Buenaventura Lakes, FL | 35,922 | 94 | 0.9x |
Winter Park, FL | 29,672 | 117 | 1.2x |
Casselberry, FL | 28,750 | 90 | 0.9x |
Port St. John, FL | 24,677 | 87 | 0.9x |
Azalea Park, FL | 15,549 | 90 | 0.9x |
Conway, FL | 13,630 | 99 | 1.0x |
Bithlo, FL | 10,507 | 95 | 0.9x |