Sweetwater, FL Cost Of Living

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

Cost Of Living In Sweetwater, FL Summary

Cost of living in Sweetwater 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 Sweetwater 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 Sweetwater is 100, with 100 being the average.

  • The cost of living index in Sweetwater is 1.0x lower than the national average.

  • Sweetwater ranks as the #250 cheapest in Florida out of 459.

  • Sweetwater ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Sweetwater is $202,200.

  • The median income in Sweetwater is $46,224.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Sweetwater's Overall Cost Of Living
1.0x
Lower Than The National Average

What is the cost of living in Sweetwater, FL?

According to the most recent data on the cost of living, Sweetwater has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Florida, Sweetwater has a cost of living index that's 1.0x lower than Florida's index of 101.

The standard of living in Sweetwater ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Sweetwater ranks as the #209 most expensive place in the Sunshine State.

For more reading on life in Sweetwater, check out:

250 out of 459
In Florida
3,149 out of 6,412
In America

Sweetwater Cost Of Living Vs. Florida

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

  • The Services index in Sweetwater is 101.

  • The Groceries index in Sweetwater is 120.

  • The Health index in Sweetwater is 103.

  • The Housing index in Sweetwater is 85.

  • The Transportation index in Sweetwater is 108.

  • The Utilities index in Sweetwater is 100.

Living Expense Sweetwater Florida National Average
Overall 100 101 100
Services 101 98 100
Groceries 120 101 100
Health 103 96 100
Housing 85 108 100
Transportation 108 98 100
Utilities 100 100 100
For more reading on cost of living around Florida, check out:
Sweetwater Cost of Living Vs. FL

Sweetwater, 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 Sweetwater is $202,200.

  • The Median Rent in Sweetwater is $1,456.

  • The Median Income in Sweetwater is $46,224.

  • The Home Value To Income in Sweetwater is 4.4x.

  • The Rent To Monthly Income in Sweetwater is 0.38x.

Statistic Sweetwater Florida United States
Median Home Value $202,200 $248,700 $244,900
Median Rent $1,456 $1,301 $1,163
Median Income $46,224 $61,777 $69,021
Home Value To Income 4.4x 4.0x 3.5x
Rent To Monthly Income 0.38x 0.25x 0.2x
Search Homes For Sale In Sweetwater, FL
$202,200
Median Home Value
$1,456
Median Rent
$46,224
Median Income

Sweetwater, FL Costs By Category

Detailed Sweetwater Services Costs Vs. Florida

Item Sweetwater 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 Sweetwater Groceries Costs Vs. Florida

Item Sweetwater 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 Sweetwater Health Costs Vs. Florida

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

Detailed Sweetwater Transportation Costs Vs. Florida

Item Sweetwater Florida
Gasoline $2.24 $2.22
Tire Balancing $60.69 $50.07

Detailed Sweetwater Utilities Costs Vs. Florida

Item Sweetwater Florida
All Electricity $162.18 $167.67
Phone $188.17 $175.64

Sweetwater SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
4
Safety
N/A
Amenities
9.5
Education
5
Commute
5

Cost Of Living In Cities Around Sweetwater

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

  • Pembroke Pines, FL has a cost of living index of 113, 1.1x Sweetwater.

  • Doral, FL has a cost of living index of 128, 1.3x Sweetwater.

  • Fountainebleau, FL has a cost of living index of 103, 1.0x Sweetwater.

City Population Cost Of Living Vs. Sweetwater
Pembroke Pines, FL 170,346 113 1.1x
Doral, FL 73,126 128 1.3x
Fountainebleau, FL 57,957 103 1.0x
Tamiami, FL 54,525 116 1.2x
Westchester, FL 54,238 116 1.2x
Kendale Lakes, FL 53,392 108 1.1x
Coral Gables, FL 49,269 164 1.6x
Richmond West, FL 37,626 117 1.2x
Miami Lakes, FL 30,582 125 1.2x
Coral Terrace, FL 25,869 117 1.2x

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