Cost of Living in Inverness Highlands North, FL

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

Cost of Living Overview

Overall Index

128.8

100 = national avg

+28.8 vs national average

Living Wage (1 Adult)

$56,693

per year

Living Wage (Family of 4)

$134,001

per year

Cost Index by Category

Housing
190.0
Food
95.0
Transportation
90.0
Healthcare
96.0
Utilities
115.0

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 Inverness Highlands North is 128.8, which is 28.8% above the national average. Housing costs are above the national average at an index of 190.0. A single adult needs to earn approximately $56,693 per year to cover basic expenses.