Lithia, FL, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Lithia stands at 97, which is 3% lower than the national average of 100. This makes Lithia a more affordable option for housing, utilities, and miscellaneous expenses. However, the transportation index at 104 indicates that costs in this area are slightly higher than the national average.
Lithia, Florida, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Lithia stands at 97, which is 3% lower than the national average of 100. This means that, on average, residents in Lithia can expect to spend about 3% less on their daily expenses compared to the average American.
When breaking down the categories, housing in Lithia is 3% below the national average, with an index of 97. This suggests that housing costs are more affordable in Lithia. Groceries, however, are slightly higher, with an index of 101, indicating a 1% increase. Utilities in Lithia are also lower, at 93, which is 7% below the national average. Transportation costs are slightly higher, with an index of 104, meaning they are 4% above the national average. Healthcare costs in Lithia are at 95, which is 5% below the average. Miscellaneous expenses are nearly on par with the national average, at 98. Overall, Lithia offers a balanced cost of living with some areas being more affordable and others slightly more expensive.