Meadow Woods, FL Cost Of Living
Cost Of Living In Meadow Woods, FL Summary
Cost of living in Meadow Woods 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 Meadow Woods 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 Meadow Woods is 98, with 100 being the average.
The cost of living index in Meadow Woods is 1.0x lower than the national average.
Meadow Woods ranks as the #218 cheapest in Florida out of 459.
Meadow Woods ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Meadow Woods is $270,200.
The median income in Meadow Woods is $68,046.
Table Of Contents
Meadow Woods's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Meadow Woods, FL?
According to the most recent data on the cost of living, Meadow Woods has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Florida, Meadow Woods has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Meadow Woods ranks as #218 most affordable out of the 459 places we measured in Florida. By definition, that implies Meadow Woods ranks as the #241 most expensive place in the Sunshine State.
For more reading on life in Meadow Woods, check out:
- Living In Meadow Woods
- Search Homes For Sale In Meadow Woods, FL
In Florida
In America
Meadow Woods Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Meadow Woods. Here is how it fairs on each of the criteria:
The Services index in Meadow Woods is 93.
The Groceries index in Meadow Woods is 104.
The Health index in Meadow Woods is 93.
The Housing index in Meadow Woods is 101.
The Transportation index in Meadow Woods is 96.
The Utilities index in Meadow Woods is 99.
| Living Expense | Meadow Woods | Florida | National Average | |
|---|---|---|---|---|
| Overall | 98 | 101 | 100 | |
| Services | 93 | 98 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 93 | 96 | 100 | |
| Housing | 101 | 108 | 100 | |
| Transportation | 96 | 98 | 100 | |
| Utilities | 99 | 100 | 100 | |
Meadow Woods, 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 Meadow Woods is $270,200.
The Median Rent in Meadow Woods is $1,546.
The Median Income in Meadow Woods is $68,046.
The Home Value To Income in Meadow Woods is 4.0x.
The Rent To Monthly Income in Meadow Woods is 0.27x.
| Statistic | Meadow Woods | Florida | United States |
|---|---|---|---|
| Median Home Value | $270,200 | $248,700 | $244,900 |
| Median Rent | $1,546 | $1,301 | $1,163 |
| Median Income | $68,046 | $61,777 | $69,021 |
| Home Value To Income | 4.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Meadow Woods, FL Costs By Category
Detailed Meadow Woods Services Costs Vs. Florida
| Item | Meadow Woods | Florida |
|---|---|---|
| Shampoo | $1.0 | $1.06 |
| Movie | $10.55 | $10.68 |
| Bowling | $14.36 | $14.67 |
| Haircut | $20.89 | $18.62 |
| Beauty Salon | $54.17 | $39.05 |
Detailed Meadow Woods Groceries Costs Vs. Florida
| Item | Meadow Woods | Florida |
|---|---|---|
| Ground Beef | $4.46 | $4.22 |
| Fried Chicken | $1.27 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $3.42 | $3.29 |
| Pizza | $9.66 | $10.62 |
| Beer | $9.23 | $9.38 |
| Toothpaste | $1.89 | $2.34 |
Detailed Meadow Woods Health Costs Vs. Florida
| Item | Meadow Woods | Florida |
|---|---|---|
| Optometrist | $100.39 | $108.57 |
| Doctor | $83.46 | $116.17 |
| Dentist | $97.71 | $99.13 |
Detailed Meadow Woods Transportation Costs Vs. Florida
| Item | Meadow Woods | Florida |
|---|---|---|
| Gasoline | $2.1 | $2.22 |
| Tire Balancing | $49.25 | $50.07 |
Detailed Meadow Woods Utilities Costs Vs. Florida
| Item | Meadow Woods | Florida |
|---|---|---|
| All Electricity | $164.06 | $167.67 |
| Phone | $187.87 | $175.64 |
Meadow Woods SnackAbility
/10
Cost Of Living In Cities Around Meadow Woods
The cost of living varies in the cities and towns around Meadow Woods. Here's a quick look at the cost of living in the most populous nearby places:
Orlando, FL has a cost of living index of 97, 1.0x Meadow Woods.
Alafaya, FL has a cost of living index of 101, 1.0x Meadow Woods.
Ocoee, FL has a cost of living index of 101, 1.0x Meadow Woods.
| City | Population | Cost Of Living | Vs. Meadow Woods |
|---|---|---|---|
| Orlando, FL | 302,968 | 97 | 1.0x |
| Alafaya, FL | 92,080 | 101 | 1.0x |
| Ocoee, FL | 46,562 | 101 | 1.0x |
| Winter Garden, FL | 45,978 | 103 | 1.1x |
| Buenaventura Lakes, FL | 35,922 | 94 | 1.0x |
| Winter Park, FL | 29,672 | 117 | 1.2x |
| Hunters Creek, FL | 19,554 | 111 | 1.1x |
| Maitland, FL | 19,154 | 115 | 1.2x |
| Southchase, FL | 15,592 | 100 | 1.0x |
| Lockhart, FL | 14,390 | 90 | 0.9x |
