Olympia Heights, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Olympia Heights, FL Summary

Cost of living in Olympia Heights 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 Olympia Heights 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 Olympia Heights is 120, with 100 being the average.

  • The cost of living index in Olympia Heights is 1.2x higher than the national average.

  • Olympia Heights ranks as the #405 cheapest in Florida out of 459.

  • Olympia Heights ranks as the #4,798 cheapest out of 6,412 in the US.

  • The median home value in Olympia Heights is $396,000.

  • The median income in Olympia Heights is $78,214.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
120
Olympia Heights's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Olympia Heights, FL?

According to the most recent data on the cost of living, Olympia Heights has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.

Compared to Florida, Olympia Heights has a cost of living index that's 1.2x higher than Florida's index of 101.

The standard of living in Olympia Heights ranks as #405 most affordable out of the 459 places we measured in Florida. By definition, that implies Olympia Heights ranks as the #54 most expensive place in the Sunshine State.

For more reading on life in Olympia Heights, check out:

405 out of 459
In Florida
4,798 out of 6,412
In America

Olympia Heights Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Olympia Heights. Here is how it fairs on each of the criteria:

  • The Services index in Olympia Heights is 103.

  • The Groceries index in Olympia Heights is 119.

  • The Health index in Olympia Heights is 105.

  • The Housing index in Olympia Heights is 149.

  • The Transportation index in Olympia Heights is 106.

  • The Utilities index in Olympia Heights is 101.

Living Expense Olympia Heights Florida National Average
Overall 120 101 100
Services 103 98 100
Groceries 119 101 100
Health 105 96 100
Housing 149 108 100
Transportation 106 98 100
Utilities 101 100 100
For more reading on cost of living around Florida, check out:
Olympia Heights Cost of Living Vs. FL

Olympia Heights, 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 Olympia Heights is $396,000.

  • The Median Rent in Olympia Heights is $1,858.

  • The Median Income in Olympia Heights is $78,214.

  • The Home Value To Income in Olympia Heights is 5.1x.

  • The Rent To Monthly Income in Olympia Heights is 0.29x.

Statistic Olympia Heights Florida United States
Median Home Value $396,000 $248,700 $244,900
Median Rent $1,858 $1,301 $1,163
Median Income $78,214 $61,777 $69,021
Home Value To Income 5.1x 4.0x 3.5x
Rent To Monthly Income 0.29x 0.25x 0.2x
Search Homes For Sale In Olympia Heights, FL
$396,000
Median Home Value
$1,858
Median Rent
$78,214
Median Income

Olympia Heights, FL Costs By Category

Detailed Olympia Heights Services Costs Vs. Florida

Item Olympia Heights Florida
Shampoo $1.11 $1.06
Movie $13.23 $10.68
Bowling $22.13 $14.67
Haircut $14.37 $18.62
Beauty Salon $70.0 $39.05

Detailed Olympia Heights Groceries Costs Vs. Florida

Item Olympia Heights Florida
Ground Beef $4.27 $4.22
Fried Chicken $1.73 $1.39
Milk $3.16 $2.05
Potatoes $3.86 $3.29
Pizza $9.1 $10.62
Beer $10.98 $9.38
Toothpaste $1.87 $2.34

Detailed Olympia Heights Health Costs Vs. Florida

Item Olympia Heights Florida
Optometrist $105.63 $108.57
Doctor $111.06 $116.17
Dentist $107.78 $99.13

Detailed Olympia Heights Transportation Costs Vs. Florida

Item Olympia Heights Florida
Gasoline $2.24 $2.22
Tire Balancing $60.69 $50.07

Detailed Olympia Heights Utilities Costs Vs. Florida

Item Olympia Heights Florida
All Electricity $162.18 $167.67
Phone $188.17 $175.64

Olympia Heights SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
4
Diversity
6
Safety
N/A
Amenities
9
Education
8
Commute
5

Cost Of Living In Cities Around Olympia Heights

The cost of living varies in the cities and towns around Olympia Heights. Here's a quick look at the cost of living in the most populous nearby places:

  • Kendall, FL has a cost of living index of 123, 1.0x Olympia Heights.

  • Fountainebleau, FL has a cost of living index of 103, 0.9x Olympia Heights.

  • Tamiami, FL has a cost of living index of 116, 1.0x Olympia Heights.

City Population Cost Of Living Vs. Olympia Heights
Kendall, FL 78,007 123 1.0x
Fountainebleau, FL 57,957 103 0.9x
Tamiami, FL 54,525 116 1.0x
Westchester, FL 54,238 116 1.0x
Kendale Lakes, FL 53,392 108 0.9x
Coral Gables, FL 49,269 164 1.4x
Richmond West, FL 37,626 117 1.0x
Miami Lakes, FL 30,582 125 1.0x
Coral Terrace, FL 25,869 117 1.0x
The Crossings, FL 22,382 116 1.0x

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