| Index | Holly Hill | Florida | National |
| Cost of living | 97 | 102 | 100 |
| Groceries | 103 | 102 | 100 |
| Health care | 106 | 104 | 100 |
| Housing | 78 | 97 | 100 |
| Transportation | 100 | 103 | 100 |
| Utilities | 111 | 110 | 100 |
| Lifestyle & Entertainment | 107 | 104 | 100 |
| Household Items | 104 | 102 | 100 |
| Education & Childcare | 108 | 106 | 100 |
Knowing the cost of living in Holly Hill 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 Holly Hill stands at 97, marking it 3% lower than the national average.
The cost of living in Holly Hill aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Holly Hill residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Wondering if Holly Hill is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Holly Hill, for example, the median home price is 33.8% lower than what folks pay nationally, and monthly rent is 6.2% higher than the usual rates. Plus, income levels matter too, with Holly Hill boasting a median household income of $52,615, which is 35.3% lower than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday household expenses, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Holly Hill, the standard sales tax rate starts at 6%, and the income tax rates commence at 0%.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Holly Hill, the housing index is 21.8% lower than the national average.
The cost of living data for Holly Hill shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $63,765 | $5,314 | $1,488 | $1,913 |
| Renters | $42,410 | $3,534 | $990 | $1,272 |
| 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. |
| North DeLand, FL | 1,146 | 97 | 3.1% |
| South Daytona, FL | 13,503 | 99 | 0.8% |
| Daytona Beach, FL | 70,799 | 102 | 1.8% |
| Port Orange, FL | 65,435 | 108 | 7.7% |
| Ormond Beach, FL | 44,412 | 108 | 8.5% |
| Holly Hill, FL | 12,579 | 97 | 3.2% |
| City | Population | Cost of Living Index | National Avg. |
| Harrison, WI | 12,579 | 107 | 7.1% |
| Princeton, TX | 12,578 | 107 | 6.6% |
| Mays Chapel, MD | 12,573 | 137 | 37.2% |
| Ottawa, KS | 12,572 | 87 | 13.3% |
| Santaquin, UT | 12,586 | 114 | 13.7% |
| Holly Hill, FL | 12,579 | 97 | 3.2% |
Here are the best places to live in Florida
Check out the 10 most dangerous cities in Florida
These are the 10 cheapest cities in Florida
Safest Cities In The US