Cost of living in Wesley Chapel 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 Wesley Chapel 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 Wesley Chapel is 103, with 100 being the average.
The cost of living index in Wesley Chapel is 1.0x higher than the national average.
Wesley Chapel ranks as the #295 cheapest in Florida out of 459.
Wesley Chapel ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Wesley Chapel is $257,500.
The median income in Wesley Chapel is $93,617.
According to the most recent data on the cost of living, Wesley Chapel has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Florida, Wesley Chapel has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Wesley Chapel ranks as #295 most affordable out of the 459 places we measured in Florida. By definition, that implies Wesley Chapel ranks as the #164 most expensive place in the Sunshine State.
For more reading on life in Wesley Chapel, check out:
Six factors go into calculating the cost of living index in Wesley Chapel. Here is how it fairs on each of the criteria:
The Services index in Wesley Chapel is 100.
The Groceries index in Wesley Chapel is 103.
The Health index in Wesley Chapel is 98.
The Housing index in Wesley Chapel is 111.
The Transportation index in Wesley Chapel is 101.
The Utilities index in Wesley Chapel is 101.
Living Expense | Wesley Chapel | Florida | National Average | |
---|---|---|---|---|
Overall | 103 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 111 | 108 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 101 | 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 Wesley Chapel is $257,500.
The Median Rent in Wesley Chapel is $1,697.
The Median Income in Wesley Chapel is $93,617.
The Home Value To Income in Wesley Chapel is 2.8x.
The Rent To Monthly Income in Wesley Chapel is 0.22x.
Statistic | Wesley Chapel | Florida | United States |
---|---|---|---|
Median Home Value | $257,500 | $248,700 | $244,900 |
Median Rent | $1,697 | $1,301 | $1,163 |
Median Income | $93,617 | $61,777 | $69,021 |
Home Value To Income | 2.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Item | Wesley Chapel | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | Wesley Chapel | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | Wesley Chapel | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | Wesley Chapel | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | Wesley Chapel | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around Wesley Chapel. Here's a quick look at the cost of living in the most populous nearby places:
Brandon, FL has a cost of living index of 99, 1.0x Wesley Chapel.
Land O' Lakes, FL has a cost of living index of 104, 1.0x Wesley Chapel.
Carrollwood, FL has a cost of living index of 100, 1.0x Wesley Chapel.
City | Population | Cost Of Living | Vs. Wesley Chapel |
---|---|---|---|
Brandon, FL | 115,330 | 99 | 1.0x |
Land O' Lakes, FL | 38,674 | 104 | 1.0x |
Carrollwood, FL | 35,846 | 100 | 1.0x |
Lake Magdalene, FL | 31,211 | 101 | 1.0x |
Citrus Park, FL | 27,440 | 101 | 1.0x |
Temple Terrace, FL | 26,585 | 99 | 1.0x |
Keystone, FL | 25,397 | 125 | 1.2x |
Northdale, FL | 24,924 | 102 | 1.0x |
Westchase, FL | 24,185 | 117 | 1.1x |
Lutz, FL | 23,827 | 104 | 1.0x |