Cost of living in Westgate 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 Westgate 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 Westgate is 93, with 100 being the average.
The cost of living index in Westgate is 0.9x lower than the national average.
Westgate ranks as the #128 cheapest in Florida out of 459.
Westgate ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Westgate is $184,500.
The median income in Westgate is $41,069.
According to the most recent data on the cost of living, Westgate has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Florida, Westgate has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Westgate ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Westgate ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Westgate, check out:
Six factors go into calculating the cost of living index in Westgate. Here is how it fairs on each of the criteria:
The Services index in Westgate is 98.
The Groceries index in Westgate is 115.
The Health index in Westgate is 103.
The Housing index in Westgate is 72.
The Transportation index in Westgate is 108.
The Utilities index in Westgate is 100.
Living Expense | Westgate | Florida | National Average | |
---|---|---|---|---|
Overall | 93 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 115 | 101 | 100 | |
Health | 103 | 96 | 100 | |
Housing | 72 | 108 | 100 | |
Transportation | 108 | 98 | 100 | |
Utilities | 100 | 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 Westgate is $184,500.
The Median Rent in Westgate is $1,220.
The Median Income in Westgate is $41,069.
The Home Value To Income in Westgate is 4.5x.
The Rent To Monthly Income in Westgate is 0.36x.
Statistic | Westgate | Florida | United States |
---|---|---|---|
Median Home Value | $184,500 | $248,700 | $244,900 |
Median Rent | $1,220 | $1,301 | $1,163 |
Median Income | $41,069 | $61,777 | $69,021 |
Home Value To Income | 4.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.36x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Westgate. Here's a quick look at the cost of living in the most populous nearby places:
Boynton Beach, FL has a cost of living index of 102, 1.1x Westgate.
Wellington, FL has a cost of living index of 125, 1.3x Westgate.
Jupiter, FL has a cost of living index of 123, 1.3x Westgate.
City | Population | Cost Of Living | Vs. Westgate |
---|---|---|---|
Boynton Beach, FL | 79,479 | 102 | 1.1x |
Wellington, FL | 61,445 | 125 | 1.3x |
Jupiter, FL | 60,629 | 123 | 1.3x |
Palm Beach Gardens, FL | 58,482 | 122 | 1.3x |
Greenacres, FL | 43,482 | 98 | 1.1x |
The Acreage, FL | 40,771 | 115 | 1.2x |
Royal Palm Beach, FL | 38,697 | 112 | 1.2x |
Jupiter Farms, FL | 13,437 | 126 | 1.4x |
North Palm Beach, FL | 13,096 | 116 | 1.2x |
Lantana, FL | 11,516 | 97 | 1.0x |