Edgewater, FL, offers a slightly lower cost of living compared to the nationwide average. The overall cost of living index stands at 99, which means it is just 1% below the national benchmark of 100. This lower index makes it an attractive location for those seeking affordable housing and utilities.
Each category reflects minor variations. Housing costs 5% less than the national average, while groceries are slightly higher at 2%. Utilities, transportation, healthcare, and miscellaneous expenses hover around the national average or slightly above. This balanced distribution provides a cost-effective living experience in Edgewater, FL.
Edgewater, Florida, presents a cost of living that is slightly below the nationwide average. The housing index, for example, stands at 95, indicating that housing costs 5% less than the average cost across the country. This makes it easier for residents to find affordable homes or apartments, which can be a significant advantage for many families and individuals.
When considering other expenses, the cost of living in Edgewater continues to be competitively priced. Groceries cost just 2% more than the national average, with an index of 102. Utilities are also fairly close to the national average, with an index of 104, meaning they are 4% higher. Transportation costs in Edgewater are slightly lower, with an index of 97, making it 3% cheaper than the national average. Healthcare costs are also slightly below average, with an index of 98, which means residents can expect to pay 2% less for healthcare services compared to the national average. Miscellaneous costs have an index of 99, showing they are almost on par with the nationwide average. This balance of costs offers a favorable environment for those looking to manage their expenses effectively.
