Cost of Living in South Gate Ridge, FL

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

Cost of Living Overview

Overall Index

135.0

100 = national avg

+35.0 vs national average

Living Wage (1 Adult)

$59,402

per year

Living Wage (Family of 4)

$140,404

per year

Cost Index by Category

Housing
174.6
Food
108.3
Transportation
116.6
Healthcare
106.7
Utilities
119.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,686

per month

2 Bedroom

$1,958

per month

The overall cost of living index in South Gate Ridge is 135.0, which is 35.0% above the national average. Housing costs are above the national average at an index of 174.6. A single adult needs to earn approximately $59,402 per year to cover basic expenses.