Ocala, FL Cost Of Living
Cost Of Living In Ocala, FL Summary
Cost of living in Ocala 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 Ocala 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 Ocala is 99, with 100 being the average.
The cost of living index in Ocala is 1.0x lower than the national average.
Ocala ranks as the #231 cheapest in Florida out of 459.
Ocala ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Ocala is $154,300.
The median income in Ocala is $46,841.
Table Of Contents
Ocala's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Ocala, FL?
According to the most recent data on the cost of living, Ocala has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Florida, Ocala has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Ocala ranks as #231 most affordable out of the 459 places we measured in Florida. By definition, that implies Ocala ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Ocala, check out:
- Living In Ocala
- Ocala Crime Report
- Search Homes For Sale In Ocala, FL
In Florida
In America
Ocala Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Ocala. Here is how it fairs on each of the criteria:
The Services index in Ocala is 98.
The Groceries index in Ocala is 119.
The Health index in Ocala is 91.
The Housing index in Ocala is 74.
The Transportation index in Ocala is 100.
The Utilities index in Ocala is 158.
| Living Expense | Ocala | Florida | National Average | |
|---|---|---|---|---|
| Overall | 99 | 101 | 100 | |
| Services | 98 | 98 | 100 | |
| Groceries | 119 | 101 | 100 | |
| Health | 91 | 96 | 100 | |
| Housing | 74 | 108 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 158 | 100 | 100 | |
Ocala, 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 Ocala is $154,300.
The Median Rent in Ocala is $1,049.
The Median Income in Ocala is $46,841.
The Home Value To Income in Ocala is 3.3x.
The Rent To Monthly Income in Ocala is 0.27x.
| Statistic | Ocala | Florida | United States |
|---|---|---|---|
| Median Home Value | $154,300 | $248,700 | $244,900 |
| Median Rent | $1,049 | $1,301 | $1,163 |
| Median Income | $46,841 | $61,777 | $69,021 |
| Home Value To Income | 3.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Ocala, FL Costs By Category
Detailed Ocala Services Costs Vs. Florida
Detailed Ocala Groceries Costs Vs. Florida
Detailed Ocala Health Costs Vs. Florida
Detailed Ocala Transportation Costs Vs. Florida
Detailed Ocala Utilities Costs Vs. Florida
Ocala SnackAbility
/10
Cost Of Living In Cities Around Ocala
The cost of living varies in the cities and towns around Ocala. 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 Ocala.
The Villages, FL has a cost of living index of 108, 1.1x Ocala.
Apopka, FL has a cost of living index of 95, 1.0x Ocala.
| City | Population | Cost Of Living | Vs. Ocala |
|---|---|---|---|
| Gainesville, FL | 138,741 | 99 | 1.0x |
| The Villages, FL | 76,415 | 108 | 1.1x |
| Apopka, FL | 54,110 | 95 | 1.0x |
| Clermont, FL | 41,562 | 102 | 1.0x |
| Leesburg, FL | 26,242 | 88 | 0.9x |
| Silver Springs Shores, FL | 25,363 | 95 | 1.0x |
| Eustis, FL | 22,532 | 91 | 0.9x |
| Tavares, FL | 18,290 | 88 | 0.9x |
| Mount Dora, FL | 15,830 | 100 | 1.0x |
| Lady Lake, FL | 15,683 | 92 | 0.9x |
