The cost of living index in Pinecrest, Florida, significantly exceeds the nationwide average, which is set at 100. Housing costs in Pinecrest are 65% higher than the national average, with an index of 165. This elevated cost impacts overall living expenses, making it important for job seekers to consider these factors when relocating.
Pinecrest, Florida, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Pinecrest stands at 165, indicating that housing costs are 65% higher than the national average. This significant increase in housing prices can be a major consideration for job seekers looking to relocate to Pinecrest.
In addition to housing, the transportation index in Pinecrest is 115, which is 15% higher than the national average. This rise in transportation costs reflects the higher expenses for commuting and vehicle ownership. Groceries, utilities, healthcare, and miscellaneous expenses also show increases, with indices of 110, 97, 105, and 120, respectively. These indices suggest that while some areas like utilities remain close to the national average, others such as groceries and miscellaneous costs are notably higher. Job seekers should weigh these factors when considering a move to Pinecrest, as the overall cost of living is substantially above the national average.