The cost of living index in Amelia Island, FL, stands at 107, surpassing the nationwide average of 100. This 7% increase highlights higher expenses, particularly in housing and transportation, as housing costs 20% above the national average and transportation costs 10% more. Despite these higher costs, the prices for groceries, utilities, healthcare, and miscellaneous goods remain relatively close to the national average.
Residents of Amelia Island, FL, often encounter a higher cost of living compared to the national average. The housing index on Amelia Island stands at 120, reflecting a 20% increase over the nationwide average. This suggests that housing expenses, including rent and home purchases, are significantly higher than those seen in other parts of the country. Groceries also show a 5% rise, with an index of 105, meaning that food costs are slightly above the national norm.
Transportation costs follow closely behind at 110, indicating a 10% increase from the nationwide average. This rise suggests that residents might spend more on fuel, vehicle maintenance, and public transportation. Despite these higher costs, the healthcare index remains consistent with the national average at 100, offering some relief. Overall, the total cost of living on Amelia Island, FL, is 102, which is 2% above the national standard. These factors contribute to the overall financial planning and considerations for those moving to or currently living in the area.