| Index | Bellair-Meadowbrook Terrace | Florida | National |
| Cost of living | 100 | 102 | 100 |
| Groceries | 102 | 102 | 100 |
| Health care | 102 | 104 | 100 |
| Housing | 89 | 97 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 111 | 110 | 100 |
| Lifestyle & Entertainment | 106 | 104 | 100 |
| Household Items | 100 | 102 | 100 |
| Education & Childcare | 107 | 106 | 100 |
Knowing the cost of living in Bellair-Meadowbrook Terrace allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Bellair-Meadowbrook Terrace stands at 100, marking it 0% equal to the national average.
The cost of living in Bellair-Meadowbrook Terrace closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Bellair-Meadowbrook Terrace can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Is Bellair-Meadowbrook Terrace an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Bellair-Meadowbrook Terrace, the median home price is 23.7% lower than what most folks pay across the country, and monthly rent prices are 17.7% higher than the usual rates. Income levels in Bellair-Meadowbrook Terrace come in at $73,632, which is 9.5% lower than the national average.
Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Bellair-Meadowbrook Terrace, the housing index stands at 11.3% lower than the national average.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Bellair-Meadowbrook Terrace, healthcare costs are 1.8% higher than the national average.
The Bellair-Meadowbrook Terrace cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $83,016 | $6,918 | $1,937 | $2,491 |
| Renters | $69,026 | $5,752 | $1,610 | $2,071 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Baldwin, FL | 1,602 | 93 | 7.4% |
| Middleburg, FL | 12,986 | 100 | 0.3% |
| Green Cove Springs, FL | 8,488 | 102 | 1.9% |
| Lakeside, FL | 32,167 | 104 | 3.8% |
| Jacksonville, FL | 934,752 | 108 | 8.0% |
| Bellair-Meadowbrook Terrace, FL | 15,617 | 100 | 0.4% |
| City | Population | Cost of Living Index | National Avg. |
| Brooks, AB | 15,617 | n/a | |
| Olivehurst, CA | 15,611 | 120 | 20.4% |
| Berea, SC | 15,623 | 92 | 8.1% |
| Mastic, NY | 15,624 | 125 | 25.0% |
| Newport, KY | 15,609 | 92 | 8.2% |
| Bellair-Meadowbrook Terrace, FL | 15,617 | 100 | 0.4% |
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