A+
4%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
7%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Villas Florida National
Cost of living10498100
Goods & Services10598100
Groceries9999100
Health care10896100
Housing10796100
Transportation10799100
Utilities9697100

An Overview of Cost of Living in Villas, FL

Are you thinking about relocating, but curious about the potential cost of living in Villas? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Villas stands at 104, making it 4% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Villas aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, goods and services, health care and utility bills are priced at a level consistent with the average in similar urban areas. Villas residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.

Is Villas Affordable?

Wondering if Villas is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Villas, for example, the median home price is 5.7% lower than what folks pay nationally, and monthly rent is 37.6% higher than the usual rates. Plus, income levels matter too, with Villas boasting a median household income of $53,447, which is 3.4% lower than the national average.

What Factors can Influence the Cost of Living in Villas?

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Villas, the transportation index is 7.4% higher than the national average.

Where is the Data From?

The cost of living in Villas, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Villas is 7% higher than the Florida average
  • The cost of living in Villas is 4% higher than the national average
  • Villas housing is 7% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Villas

See all the best places to live around Villas

Compare Villas, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$48,104$4,009$1,122$1,443
      Renters$57,137$4,761$1,333$1,714
      The affordability of the housing market in Villas, FL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Villas homeowners, the median income is $48,104. This indicates that a monthly maximum of $1,122 should be spent by homeowners on all housing related costs. Renters have a median income of $57,137. This indicates that renters would have a maximum of $1,333 for their rent related monthly costs.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Goods & Services

      Item Villas National avg. Difference
      Haircut $28.20$24.2616.2%
      Beauty Salon $54.05$45.5618.6%
      Toothpaste $3.63$3.701.9%
      Shampoo $1.45$1.2813.5%
      Movie $13.05$12.137.6%
      Bowling $21.20$18.0017.8%

      Groceries

      Item Villas National avg. Difference
      Ground Beef $6.06$5.843.8%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.57$4.672.2%
      Potatoes $5.24$4.936.1%
      Pizza $11.72$12.093.0%
      Beer $11.06$10.416.2%

      Health Care

      Item Villas National avg. Difference
      Optometrist $101.67$125.6819.1%
      Doctor $153.94$135.7813.4%
      Dentist $122.09$113.297.8%
      Ibuprofen $10.59$10.650.6%
      Lipitor $535.04$468.6014.2%

      Housing

      Item Villas National avg. Difference
      Home Price $174,100.00$184,700.005.7%
      Avg. Mortgage Payment $2,422.46$2,346.693.2%
      Apartment Rent $1,306.00$949.0037.6%

      Transportation

      Item Villas National avg. Difference
      Gasoline $3.47$3.460.2%
      Tire Balancing $74.92$59.9225.0%

      Utilities

      Item Villas National avg. Difference
      All Electricity $179.36$193.997.5%
      Phone $194.07$192.250.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Suncoast Estates, FL4,7598811.6%
      North Fort Myers, FL42,315928.1%
      Tice, FL5,379936.7%
      Pine Manor, FL4,582955.1%
      Harlem Heights, FL1,362954.7%
      Villas, FL14,4211044.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hartselle, AL14,4218910.8%
      Sterling, CO14,421937.1%
      Morris, IL14,4201022.0%
      Rio Grande City, TX14,4118020.1%
      Mont-Laurier, QC14,402n/a 
      Villas, FL14,4211044.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.