Cost of Living in Ridgecrest, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.9
100 = national avg
+1.9 vs national average
Living Wage (1 Adult)
$44,849
per year
Living Wage (Family of 4)
$106,006
per year
Cost Index by Category
Housing132.9
Food88.5
Transportation77.0
Healthcare90.8
Utilities99.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,696
per month
2 Bedroom
$1,977
per month
The overall cost of living index in Ridgecrest is 101.9, which is 1.9% above the national average. Housing costs are above the national average at an index of 132.9. A single adult needs to earn approximately $44,849 per year to cover basic expenses.