Greenacres, FL Cost Of Living
Cost Of Living In Greenacres, FL Summary
Cost of living in Greenacres 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 Greenacres 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 Greenacres is 98, with 100 being the average.
The cost of living index in Greenacres is 1.0x lower than the national average.
Greenacres ranks as the #218 cheapest in Florida out of 459.
Greenacres ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Greenacres is $185,800.
The median income in Greenacres is $51,692.
Table Of Contents
Greenacres's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Greenacres, FL?
According to the most recent data on the cost of living, Greenacres has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Florida, Greenacres has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Greenacres ranks as #218 most affordable out of the 459 places we measured in Florida. By definition, that implies Greenacres ranks as the #241 most expensive place in the Sunshine State.
For more reading on life in Greenacres, check out:
- Living In Greenacres
- Search Homes For Sale In Greenacres, FL
In Florida
In America
Greenacres Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Greenacres. Here is how it fairs on each of the criteria:
The Services index in Greenacres is 100.
The Groceries index in Greenacres is 119.
The Health index in Greenacres is 105.
The Housing index in Greenacres is 83.
The Transportation index in Greenacres is 112.
The Utilities index in Greenacres is 100.
| Living Expense | Greenacres | Florida | National Average | |
|---|---|---|---|---|
| Overall | 98 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 105 | 96 | 100 | |
| Housing | 83 | 108 | 100 | |
| Transportation | 112 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Greenacres, FL Housing Cost Breakdown
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 Greenacres is $185,800.
The Median Rent in Greenacres is $1,477.
The Median Income in Greenacres is $51,692.
The Home Value To Income in Greenacres is 3.6x.
The Rent To Monthly Income in Greenacres is 0.34x.
| Statistic | Greenacres | Florida | United States |
|---|---|---|---|
| Median Home Value | $185,800 | $248,700 | $244,900 |
| Median Rent | $1,477 | $1,301 | $1,163 |
| Median Income | $51,692 | $61,777 | $69,021 |
| Home Value To Income | 3.6x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.34x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Greenacres, FL Costs By Category
Detailed Greenacres Services Costs Vs. Florida
| Item | Greenacres | Florida |
|---|---|---|
| Shampoo | $1.07 | $1.06 |
| Movie | $11.82 | $10.68 |
| Bowling | $20.88 | $14.67 |
| Haircut | $14.47 | $18.62 |
| Beauty Salon | $65.03 | $39.05 |
Detailed Greenacres Groceries Costs Vs. Florida
| Item | Greenacres | Florida |
|---|---|---|
| Ground Beef | $4.66 | $4.22 |
| Fried Chicken | $1.62 | $1.39 |
| Milk | $2.96 | $2.05 |
| Potatoes | $4.99 | $3.29 |
| Pizza | $8.99 | $10.62 |
| Beer | $10.84 | $9.38 |
| Toothpaste | $2.04 | $2.34 |
Detailed Greenacres Health Costs Vs. Florida
| Item | Greenacres | Florida |
|---|---|---|
| Optometrist | $135.56 | $108.57 |
| Doctor | $102.25 | $116.17 |
| Dentist | $106.04 | $99.13 |
Detailed Greenacres Transportation Costs Vs. Florida
| Item | Greenacres | Florida |
|---|---|---|
| Gasoline | $2.24 | $2.22 |
| Tire Balancing | $63.76 | $50.07 |
Detailed Greenacres Utilities Costs Vs. Florida
| Item | Greenacres | Florida |
|---|---|---|
| All Electricity | $162.2 | $167.67 |
| Phone | $188.17 | $175.64 |
Greenacres SnackAbility
/10
Cost Of Living In Cities Around Greenacres
The cost of living varies in the cities and towns around Greenacres. Here's a quick look at the cost of living in the most populous nearby places:
West Palm Beach, FL has a cost of living index of 107, 1.1x Greenacres.
Boca Raton, FL has a cost of living index of 128, 1.3x Greenacres.
Boynton Beach, FL has a cost of living index of 102, 1.0x Greenacres.
| City | Population | Cost Of Living | Vs. Greenacres |
|---|---|---|---|
| West Palm Beach, FL | 115,877 | 107 | 1.1x |
| Boca Raton, FL | 95,347 | 128 | 1.3x |
| Boynton Beach, FL | 79,479 | 102 | 1.0x |
| Wellington, FL | 61,445 | 125 | 1.3x |
| Palm Beach Gardens, FL | 58,482 | 122 | 1.2x |
| The Acreage, FL | 40,771 | 115 | 1.2x |
| Royal Palm Beach, FL | 38,697 | 112 | 1.1x |
| Palm Springs, FL | 26,611 | 96 | 1.0x |
| North Palm Beach, FL | 13,096 | 116 | 1.2x |
| Lantana, FL | 11,516 | 97 | 1.0x |
