Lithia, FL, offers a cost of living below the nationwide average, which stands at 100. According to the data, the overall cost of living index for Lithia is 94, indicating that residents can expect to spend 6% less than the national average. Specifically, the housing index at 90 shows that housing costs are 10% lower than the national average, making it a more affordable area in this aspect.
Utilities in Lithia match the national average at 100, meaning there are no extra expenses in this category. Groceries and healthcare both sit at 95, reflecting a slight decrease of 5% compared to the nationwide average. Transportation, at 98, is almost on par, while miscellaneous expenses are at 92, indicating a savings of 8% in this category. These figures provide a comprehensive view of how Lithia’s cost of living compares favorably to the national average.
The cost of living in Lithia, FL, shows notable differences from the nationwide average, which is set at 100. Housing costs in Lithia are relatively lower, with an index of 90. This means residents pay about 10% less for housing compared to the national average. People looking for affordable housing may find Lithia attractive because of this lower cost.
Other areas in Lithia also have differences from the national average. Groceries in Lithia have an index of 95, which is 5% below the average. Utilities remain the same as the national average, with an index of 100. Transportation costs are slightly lower, at an index of 98, or 2% below the average. Healthcare costs also mirror the average, with an index of 95. Miscellaneous expenses in Lithia have an index of 92, which is 8% below the national average. Overall, Lithia offers several areas where residents can save compared to the nationwide average.