Newberry, FL Cost Of Living
Cost Of Living In Newberry, FL Summary
Cost of living in Newberry 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 Newberry 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 Newberry is 100, with 100 being the average.
The cost of living index in Newberry is 1.0x lower than the national average.
Newberry ranks as the #250 cheapest in Florida out of 459.
Newberry ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Newberry is $230,000.
The median income in Newberry is $71,734.
Table Of Contents
Newberry's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Newberry, FL?
According to the most recent data on the cost of living, Newberry has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Florida, Newberry has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Newberry ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Newberry ranks as the #209 most expensive place in the Sunshine State.
For more reading on life in Newberry, check out:
- Living In Newberry
- Search Homes For Sale In Newberry, FL
In Florida
In America
Newberry Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Newberry. Here is how it fairs on each of the criteria:
The Services index in Newberry is 95.
The Groceries index in Newberry is 121.
The Health index in Newberry is 88.
The Housing index in Newberry is 83.
The Transportation index in Newberry is 97.
The Utilities index in Newberry is 157.
| Living Expense | Newberry | Florida | National Average | |
|---|---|---|---|---|
| Overall | 100 | 101 | 100 | |
| Services | 95 | 98 | 100 | |
| Groceries | 121 | 101 | 100 | |
| Health | 88 | 96 | 100 | |
| Housing | 83 | 108 | 100 | |
| Transportation | 97 | 98 | 100 | |
| Utilities | 157 | 100 | 100 | |
Newberry, 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 Newberry is $230,000.
The Median Rent in Newberry is $793.
The Median Income in Newberry is $71,734.
The Home Value To Income in Newberry is 3.2x.
The Rent To Monthly Income in Newberry is 0.13x.
| Statistic | Newberry | Florida | United States |
|---|---|---|---|
| Median Home Value | $230,000 | $248,700 | $244,900 |
| Median Rent | $793 | $1,301 | $1,163 |
| Median Income | $71,734 | $61,777 | $69,021 |
| Home Value To Income | 3.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.13x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Newberry, FL Costs By Category
Detailed Newberry Services Costs Vs. Florida
Detailed Newberry Groceries Costs Vs. Florida
Detailed Newberry Health Costs Vs. Florida
Detailed Newberry Transportation Costs Vs. Florida
Detailed Newberry Utilities Costs Vs. Florida
Newberry SnackAbility
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Cost Of Living In Cities Around Newberry
The cost of living varies in the cities and towns around Newberry. Here's a quick look at the cost of living in the most populous nearby places:
Gainesville, FL has a cost of living index of 99, 1.0x Newberry.
Ocala, FL has a cost of living index of 99, 1.0x Newberry.
Alachua, FL has a cost of living index of 105, 1.1x Newberry.
| City | Population | Cost Of Living | Vs. Newberry |
|---|---|---|---|
| Gainesville, FL | 138,741 | 99 | 1.0x |
| Ocala, FL | 62,351 | 99 | 1.0x |
| Alachua, FL | 10,527 | 105 | 1.1x |
| High Springs, FL | 6,216 | 103 | 1.0x |
