Greenwood, FL Cost of Living


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United States / Florida / No Metro Area / Jackson County / Greenwood / Zip Codes

Greenwood cost of living score
77.1
Less expensive
22.9% lower
than the US average
25.2% lower
than the Florida average
Greenwood, Florida gets a BestPlaces Cost of Living score of 77.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.9% lower than the U.S. average and 25.2% lower than the average for Florida.

Greenwood, FL

Housing costs in Greenwood?
A typical home costs $150,000, which is 55.6% less expensive than the national average of $338,100 and 58.6% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Greenwood costs $830 per month, which is 42.0% cheaper than the national average of $1,430 and 88.0% cheaper than the state average of $1,560.

Can I afford Greenwood?
To live comfortably in Greenwood, Florida, a minimum annual income of $28,800 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Greenwood?
The cost of living in Greenwood, FL is relatively low compared to the rest of Florida. Housing prices remain well below the state's average, with a median home price of just over $150,000. The cost of groceries and other necessities also fall below the state's average. Additionally, there are no income or sales taxes in Greenwood, which helps keep costs low for residents. With these factors combined, Greenwood is an attractive option for those looking to live on a budget while still enjoying all that Florida has to offer.
   Cost of living score
     CategoriesGreenwoodFloridaUnited States
  77.1103.1100.0
  93.5102.8100
  109.6102.3100.0
  37.5101.1100.0
  $150,000$362,400$338,100
  111.2%101.3%100.0%
  79.2112.6100.0
  73.887.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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