Cost of Living in Tavares, FL

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

Cost of Living Overview

Overall Index

110.3

100 = national avg

+10.3 vs national average

Living Wage (1 Adult)

$48,538

per year

Living Wage (Family of 4)

$114,726

per year

Cost Index by Category

Housing
136.8
Food
94.1
Transportation
101.5
Healthcare
95.2
Utilities
103.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,731

per month

2 Bedroom

$1,972

per month

The overall cost of living index in Tavares is 110.3, which is 10.3% above the national average. Housing costs are above the national average at an index of 136.8. A single adult needs to earn approximately $48,538 per year to cover basic expenses.