Cost of living in Wildwood 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 Wildwood 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 Wildwood is 101, with 100 being the average.
The cost of living index in Wildwood is 1.0x higher than the national average.
Wildwood ranks as the #268 cheapest in Florida out of 459.
Wildwood ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Wildwood is $300,100.
The median income in Wildwood is $59,158.
According to the most recent data on the cost of living, Wildwood has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Wildwood has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Wildwood ranks as #268 most affordable out of the 459 places we measured in Florida. By definition, that implies Wildwood ranks as the #191 most expensive place in the Sunshine State.
For more reading on life in Wildwood, check out:
Six factors go into calculating the cost of living index in Wildwood. Here is how it fairs on each of the criteria:
The Services index in Wildwood is 96.
The Groceries index in Wildwood is 104.
The Health index in Wildwood is 92.
The Housing index in Wildwood is 105.
The Transportation index in Wildwood is 95.
The Utilities index in Wildwood is 98.
Living Expense | Wildwood | Florida | National Average | |
---|---|---|---|---|
Overall | 101 | 101 | 100 | |
Services | 96 | 98 | 100 | |
Groceries | 104 | 101 | 100 | |
Health | 92 | 96 | 100 | |
Housing | 105 | 108 | 100 | |
Transportation | 95 | 98 | 100 | |
Utilities | 98 | 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 Wildwood is $300,100.
The Median Rent in Wildwood is $1,209.
The Median Income in Wildwood is $59,158.
The Home Value To Income in Wildwood is 5.1x.
The Rent To Monthly Income in Wildwood is 0.25x.
Statistic | Wildwood | Florida | United States |
---|---|---|---|
Median Home Value | $300,100 | $248,700 | $244,900 |
Median Rent | $1,209 | $1,301 | $1,163 |
Median Income | $59,158 | $61,777 | $69,021 |
Home Value To Income | 5.1x | 4.0x | 3.5x |
Rent To Monthly Income | 0.25x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Wildwood. Here's a quick look at the cost of living in the most populous nearby places:
The Villages, FL has a cost of living index of 108, 1.1x Wildwood.
Ocoee, FL has a cost of living index of 101, 1.0x Wildwood.
Winter Garden, FL has a cost of living index of 103, 1.0x Wildwood.
City | Population | Cost Of Living | Vs. Wildwood |
---|---|---|---|
The Villages, FL | 76,415 | 108 | 1.1x |
Ocoee, FL | 46,562 | 101 | 1.0x |
Winter Garden, FL | 45,978 | 103 | 1.0x |
Winter Springs, FL | 38,021 | 100 | 1.0x |
Winter Park, FL | 29,672 | 117 | 1.2x |
Leesburg, FL | 26,242 | 88 | 0.9x |
Wekiwa Springs, FL | 24,049 | 108 | 1.1x |
Maitland, FL | 19,154 | 115 | 1.1x |
Lake Mary, FL | 16,459 | 111 | 1.1x |
Lady Lake, FL | 15,683 | 92 | 0.9x |