Groveland, Florida, features a cost of living that is notably lower than the nationwide average, which stands at 100. Specifically, the housing index in Groveland stands at 85, indicating that housing costs are 15% less than the national average. While other categories such as groceries, utilities, and transportation also show competitive rates, with indexes of 95, 98, and 90 respectively, they still align favorably with the national average, making Groveland an attractive option for cost-conscious job seekers.
The cost of living index in Groveland, Florida, shows that residents can expect to pay less for housing compared to the nationwide average. Housing in Groveland has an index of 85, which is 15% below the national average of 100. This lower cost makes housing more affordable for those who call Groveland home or are considering a move.
When looking at other expenses, residents of Groveland will find mixed results. The cost of groceries, for instance, is slightly lower at 95 on the index, meaning it is 5% less than the average. Utilities are closer to the national average at 98, showing only a minor increase. Transportation costs are also closer to the average, with an index of 90, which is just 10% below. Healthcare costs are slightly lower than the average at 92, providing a small benefit to those living in Groveland. Miscellaneous costs are also slightly lower, at 88 on the index, offering another area of savings for residents.