Venice, FL Cost Of Living
Cost Of Living In Venice, FL Summary
Cost of living in Venice 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 Venice 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 Venice is 107, with 100 being the average.
The cost of living index in Venice is 1.1x higher than the national average.
Venice ranks as the #332 cheapest in Florida out of 459.
Venice ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Venice is $290,600.
The median income in Venice is $65,478.
Table Of Contents
Venice's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Venice, FL?
According to the most recent data on the cost of living, Venice has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Florida, Venice has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Venice ranks as #332 most affordable out of the 459 places we measured in Florida. By definition, that implies Venice ranks as the #127 most expensive place in the Sunshine State.
For more reading on life in Venice, check out:
- Living In Venice
- Venice Crime Report
- Search Homes For Sale In Venice, FL
In Florida
In America
Venice Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Venice. Here is how it fairs on each of the criteria:
The Services index in Venice is 102.
The Groceries index in Venice is 109.
The Health index in Venice is 102.
The Housing index in Venice is 116.
The Transportation index in Venice is 105.
The Utilities index in Venice is 89.
| Living Expense | Venice | Florida | National Average | |
|---|---|---|---|---|
| Overall | 107 | 101 | 100 | |
| Services | 102 | 98 | 100 | |
| Groceries | 109 | 101 | 100 | |
| Health | 102 | 96 | 100 | |
| Housing | 116 | 108 | 100 | |
| Transportation | 105 | 98 | 100 | |
| Utilities | 89 | 100 | 100 | |
Venice, 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 Venice is $290,600.
The Median Rent in Venice is $1,250.
The Median Income in Venice is $65,478.
The Home Value To Income in Venice is 4.4x.
The Rent To Monthly Income in Venice is 0.23x.
| Statistic | Venice | Florida | United States |
|---|---|---|---|
| Median Home Value | $290,600 | $248,700 | $244,900 |
| Median Rent | $1,250 | $1,301 | $1,163 |
| Median Income | $65,478 | $61,777 | $69,021 |
| Home Value To Income | 4.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Venice, FL Costs By Category
Detailed Venice Services Costs Vs. Florida
Detailed Venice Groceries Costs Vs. Florida
Detailed Venice Health Costs Vs. Florida
Detailed Venice Transportation Costs Vs. Florida
Detailed Venice Utilities Costs Vs. Florida
Venice SnackAbility
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Cost Of Living In Cities Around Venice
The cost of living varies in the cities and towns around Venice. Here's a quick look at the cost of living in the most populous nearby places:
North Port, FL has a cost of living index of 100, 0.9x Venice.
Sarasota, FL has a cost of living index of 103, 1.0x Venice.
Englewood, FL has a cost of living index of 94, 0.9x Venice.
| City | Population | Cost Of Living | Vs. Venice |
|---|---|---|---|
| North Port, FL | 74,131 | 100 | 0.9x |
| Sarasota, FL | 53,786 | 103 | 1.0x |
| Englewood, FL | 19,683 | 94 | 0.9x |
| South Venice, FL | 16,426 | 101 | 0.9x |
| Fruitville, FL | 14,673 | 105 | 1.0x |
| Sarasota Springs, FL | 12,366 | 101 | 0.9x |
| Laurel, FL | 11,263 | 105 | 1.0x |
| Grove, OK | 6,900 | 87 | 0.8x |
| Osprey, FL | 6,395 | 126 | 1.2x |
| Warm Mineral Springs, FL | 5,051 | 94 | 0.9x |
