Cost of Living in Inverness Highlands South, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.7
100 = national avg
+4.7 vs national average
Living Wage (1 Adult)
$46,078
per year
Living Wage (Family of 4)
$108,913
per year
Cost Index by Category
Housing120.5
Food96.8
Transportation93.6
Healthcare97.4
Utilities102.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$988
per month
2 Bedroom
$1,225
per month
The overall cost of living index in Inverness Highlands South is 104.7, which is 4.7% above the national average. Housing costs are above the national average at an index of 120.5. A single adult needs to earn approximately $46,078 per year to cover basic expenses.