Niceville, FL Cost Of Living
Cost Of Living In Niceville, FL Summary
Cost of living in Niceville 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 Niceville 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 Niceville is 103, with 100 being the average.
The cost of living index in Niceville is 1.0x higher than the national average.
Niceville ranks as the #295 cheapest in Florida out of 459.
Niceville ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Niceville is $269,800.
The median income in Niceville is $84,097.
Table Of Contents
Niceville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Niceville, FL?
According to the most recent data on the cost of living, Niceville has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Florida, Niceville has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in Niceville ranks as #295 most affordable out of the 459 places we measured in Florida. By definition, that implies Niceville ranks as the #164 most expensive place in the Sunshine State.
For more reading on life in Niceville, check out:
- Living In Niceville
- Niceville Crime Report
- Search Homes For Sale In Niceville, FL
In Florida
In America
Niceville Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Niceville. Here is how it fairs on each of the criteria:
The Services index in Niceville is 93.
The Groceries index in Niceville is 95.
The Health index in Niceville is 92.
The Housing index in Niceville is 109.
The Transportation index in Niceville is 98.
The Utilities index in Niceville is 120.
| Living Expense | Niceville | Florida | National Average | |
|---|---|---|---|---|
| Overall | 103 | 101 | 100 | |
| Services | 93 | 98 | 100 | |
| Groceries | 95 | 101 | 100 | |
| Health | 92 | 96 | 100 | |
| Housing | 109 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 120 | 100 | 100 | |
Niceville, 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 Niceville is $269,800.
The Median Rent in Niceville is $1,283.
The Median Income in Niceville is $84,097.
The Home Value To Income in Niceville is 3.2x.
The Rent To Monthly Income in Niceville is 0.18x.
| Statistic | Niceville | Florida | United States |
|---|---|---|---|
| Median Home Value | $269,800 | $248,700 | $244,900 |
| Median Rent | $1,283 | $1,301 | $1,163 |
| Median Income | $84,097 | $61,777 | $69,021 |
| Home Value To Income | 3.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Niceville, FL Costs By Category
Detailed Niceville Services Costs Vs. Florida
Detailed Niceville Groceries Costs Vs. Florida
Detailed Niceville Health Costs Vs. Florida
Detailed Niceville Transportation Costs Vs. Florida
Detailed Niceville Utilities Costs Vs. Florida
Niceville SnackAbility
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Cost Of Living In Cities Around Niceville
The cost of living varies in the cities and towns around Niceville. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 94, 0.9x Niceville.
Navarre, FL has a cost of living index of 104, 1.0x Niceville.
Wright, FL has a cost of living index of 97, 0.9x Niceville.
| City | Population | Cost Of Living | Vs. Niceville |
|---|---|---|---|
| Pensacola, FL | 53,845 | 94 | 0.9x |
| Navarre, FL | 38,994 | 104 | 1.0x |
| Wright, FL | 24,814 | 97 | 0.9x |
| Pace, FL | 23,527 | 98 | 1.0x |
| Bellview, FL | 22,613 | 92 | 0.9x |
| Fort Walton Beach, FL | 20,805 | 96 | 0.9x |
| Upper Grand Lagoon, FL | 18,140 | 105 | 1.0x |
| Myrtle Grove, FL | 17,023 | 87 | 0.8x |
| Gonzalez, FL | 14,324 | 95 | 0.9x |
| Destin, FL | 13,751 | 113 | 1.1x |
