Cost of living in Westchase 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 Westchase 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 Westchase is 117, with 100 being the average.
The cost of living index in Westchase is 1.2x higher than the national average.
Westchase ranks as the #399 cheapest in Florida out of 459.
Westchase ranks as the #4,628 cheapest out of 6,412 in the US.
The median home value in Westchase is $380,100.
The median income in Westchase is $103,521.
According to the most recent data on the cost of living, Westchase has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Florida, Westchase has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Westchase ranks as #399 most affordable out of the 459 places we measured in Florida. By definition, that implies Westchase ranks as the #60 most expensive place in the Sunshine State.
For more reading on life in Westchase, check out:
Six factors go into calculating the cost of living index in Westchase. Here is how it fairs on each of the criteria:
The Services index in Westchase is 97.
The Groceries index in Westchase is 104.
The Health index in Westchase is 97.
The Housing index in Westchase is 160.
The Transportation index in Westchase is 100.
The Utilities index in Westchase is 101.
Living Expense | Westchase | Florida | National Average | |
---|---|---|---|---|
Overall | 117 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 160 | 108 | 100 | |
Transportation | 100 | 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 Westchase is $380,100.
The Median Rent in Westchase is $1,698.
The Median Income in Westchase is $103,521.
The Home Value To Income in Westchase is 3.7x.
The Rent To Monthly Income in Westchase is 0.2x.
Statistic | Westchase | Florida | United States |
---|---|---|---|
Median Home Value | $380,100 | $248,700 | $244,900 |
Median Rent | $1,698 | $1,301 | $1,163 |
Median Income | $103,521 | $61,777 | $69,021 |
Home Value To Income | 3.7x | 4.0x | 3.5x |
Rent To Monthly Income | 0.2x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Westchase. Here's a quick look at the cost of living in the most populous nearby places:
Largo, FL has a cost of living index of 91, 0.8x Westchase.
Palm Harbor, FL has a cost of living index of 100, 0.9x Westchase.
Pinellas Park, FL has a cost of living index of 93, 0.8x Westchase.
City | Population | Cost Of Living | Vs. Westchase |
---|---|---|---|
Largo, FL | 82,505 | 91 | 0.8x |
Palm Harbor, FL | 60,682 | 100 | 0.9x |
Pinellas Park, FL | 53,130 | 93 | 0.8x |
Egypt Lake-Leto, FL | 36,157 | 94 | 0.8x |
Carrollwood, FL | 35,846 | 100 | 0.9x |
East Lake, FL | 32,714 | 114 | 1.0x |
Lake Magdalene, FL | 31,211 | 101 | 0.9x |
Citrus Park, FL | 27,440 | 101 | 0.9x |
Keystone, FL | 25,397 | 125 | 1.1x |
Northdale, FL | 24,924 | 102 | 0.9x |