Edgewood, FL Cost of Living


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Edgewood cost of living score
106
More expensive
6.0% higher
than the US average
2.8% higher
than the Florida average
Edgewood, Florida gets a BestPlaces Cost of Living score of 106, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.0% higher than the U.S. average and 2.8% lower than the average for Florida.

Edgewood, FL

Housing costs in Edgewood?
A typical home costs $423,600, which is 25.3% more expensive than the national average of $338,100 and 16.9% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Edgewood costs $1,470 per month, which is 2.8% more than the national average of $1,430 and 6.1% cheaper than the state average of $1,560.

Can I afford Edgewood?
To live comfortably in Edgewood, Florida, a minimum annual income of $81,000 for a family, and $51,600 for a single person is recommended.

What does A.I. say about Edgewood?
The cost of living in Edgewood, FL is relatively low compared to other areas of the state. The median household income in Edgewood is $45,814, which is significantly lower than both the state and national averages. The cost of housing is also quite low, with a median home price of $99,900. There are many affordable rental options available as well, with the average one-bedroom apartment going for around $800 per month. Additionally, groceries and other essential goods are all reasonably priced. All things considered, Edgewood is a great place to live for those looking to save money without sacrificing quality of life.
   Cost of living score
     CategoriesEdgewoodFloridaUnited States
  106.0103.1100.0
  98.9102.8100
  103.4102.3100.0
  139.6101.1100.0
  $423,600$362,400$338,100
  102.5%101.3%100.0%
  110.1112.6100.0
  106.787.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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