Cost of Living in Greenwood, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
86.1
100 = national avg
-13.9 vs national average
Living Wage (1 Adult)
$37,882
per year
Living Wage (Family of 4)
$89,539
per year
Cost Index by Category
Housing78.7
Food93.2
Transportation86.5
Healthcare94.6
Utilities91.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$814
per month
2 Bedroom
$1,068
per month
The overall cost of living index in Greenwood is 86.1, which is 13.9% below the national average. Housing costs are below the national average at an index of 78.7. A single adult needs to earn approximately $37,882 per year to cover basic expenses.