Safety Harbor, FL, shows a higher cost of living index in several categories compared to the nationwide average. Housing costs are notably 20% higher, while groceries are slightly lower at 95% of the national average. Utilities, transportation, healthcare, and miscellaneous costs also reflect variations, offering a mixed picture for potential residents.
Safety Harbor's cost of living paints a picture of both opportunities and challenges. Housing costs stand at 20% above the national average, making it a more expensive place to live in this regard. Other areas, like groceries and transportation, are closer to or slightly below the national average, suggesting some areas might offset the higher housing prices.
Safety Harbor, FL, boasts a higher cost of living compared to the nationwide average, which is indexed at 100. One of the most noticeable differences is in housing. Safety Harbor’s housing index stands at 120, meaning housing costs are 20% higher than the national average. This increase could affect people considering relocation, as housing expenses are a significant portion of monthly budgets.
When looking at other areas, Safety Harbor’s grocery costs remain relatively close to the national average, with an index of 95. This means groceries cost 5% less than the nationwide average, offering some relief. However, utilities show a slight increase, with an index of 105, making them 5% more expensive. Transportation costs are slightly lower, with an index of 90, which represents a 10% saving. Healthcare costs mirror the national average at 100, offering no change. Miscellaneous expenses also stay close to the average, with an index of 97, indicating a 3% saving. All these factors combine to paint a picture of Safety Harbor’s cost of living being generally higher, though not uniformly so across all categories.