Cost of Living in Hernando, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.9

100 = national avg

-18.1 vs national average

Living Wage (1 Adult)

$36,036

per year

Living Wage (Family of 4)

$85,175

per year

Cost Index by Category

Housing
94.9
Food
81.8
Transportation
63.5
Healthcare
85.4
Utilities
88.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$988

per month

2 Bedroom

$1,225

per month

The overall cost of living index in Hernando is 81.9, which is 18.1% below the national average. Housing costs are below the national average at an index of 94.9. A single adult needs to earn approximately $36,036 per year to cover basic expenses.