Cost of living in Wimauma 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 Wimauma 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 Wimauma is 88, with 100 being the average.
The cost of living index in Wimauma is 0.9x lower than the national average.
Wimauma ranks as the #57 cheapest in Florida out of 459.
Wimauma ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Wimauma is $256,600.
The median income in Wimauma is $46,296.
According to the most recent data on the cost of living, Wimauma has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Florida, Wimauma has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Wimauma ranks as #57 most affordable out of the 459 places we measured in Florida. By definition, that implies Wimauma ranks as the #402 most expensive place in the Sunshine State.
For more reading on life in Wimauma, check out:
Six factors go into calculating the cost of living index in Wimauma. Here is how it fairs on each of the criteria:
The Services index in Wimauma is 100.
The Groceries index in Wimauma is 102.
The Health index in Wimauma is 98.
The Housing index in Wimauma is 67.
The Transportation index in Wimauma is 98.
The Utilities index in Wimauma is 102.
Living Expense | Wimauma | Florida | National Average | |
---|---|---|---|---|
Overall | 88 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 102 | 101 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 67 | 108 | 100 | |
Transportation | 98 | 98 | 100 | |
Utilities | 102 | 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 Wimauma is $256,600.
The Median Rent in Wimauma is $931.
The Median Income in Wimauma is $46,296.
The Home Value To Income in Wimauma is 5.5x.
The Rent To Monthly Income in Wimauma is 0.24x.
Statistic | Wimauma | Florida | United States |
---|---|---|---|
Median Home Value | $256,600 | $248,700 | $244,900 |
Median Rent | $931 | $1,301 | $1,163 |
Median Income | $46,296 | $61,777 | $69,021 |
Home Value To Income | 5.5x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Wimauma. 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, 1.1x Wimauma.
Riverview, FL has a cost of living index of 101, 1.1x Wimauma.
Valrico, FL has a cost of living index of 106, 1.2x Wimauma.
City | Population | Cost Of Living | Vs. Wimauma |
---|---|---|---|
Brandon, FL | 115,330 | 99 | 1.1x |
Riverview, FL | 98,928 | 101 | 1.1x |
Valrico, FL | 39,632 | 106 | 1.2x |
Ruskin, FL | 26,536 | 99 | 1.1x |
Palm River-Clair Mel, FL | 25,492 | 90 | 1.0x |
Bloomingdale, FL | 25,042 | 105 | 1.2x |
Apollo Beach, FL | 24,790 | 107 | 1.2x |
Fish Hawk, FL | 24,463 | 122 | 1.4x |
Gibsonton, FL | 18,242 | 95 | 1.1x |
Palmetto, FL | 13,304 | 95 | 1.1x |