A+
17%
Overall NAT. AVG.
6%
Groceries NAT. AVG.
42%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Greenwood Florida National
Cost of living83102100
Groceries94102100
Health care94104100
Housing5897100
Transportation93103100
Utilities101110100
Lifestyle & Entertainment89104100
Household Items99102100
Education & Childcare91106100
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Cost Of Living Quick Facts

  • The cost of living in Greenwood is 18% lower than the Florida average
  • The cost of living in Greenwood is 17% lower than the national average
  • Greenwood housing is 42% lower than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Greenwood

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Compare Greenwood, FL Cost of Living

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      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$59,766$4,981$1,394$1,793
      Renters$68,235$5,686$1,592$2,047

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Jacob City, FL2637920.9%
      Cottonwood, AL1,1588119.4%
      Bascom, FL1028118.9%
      Cottondale, FL8388218.4%
      Grand Ridge, FL8228218.1%
      Greenwood, FL6168316.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Everly, IA6168217.6%
      Lyndon, IL6168515.4%
      Glenview, KY616215114.7%
      Point Place, LA616937.0%
      Dunseith, ND6167822.1%
      Greenwood, FL6168316.5%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.