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2024 BEA RPP All 4 categories Federal source

Homosassa Springs, FL

Cost-of-living indicators for Homosassa Springs, FL, compiled from Bureau of Economic Analysis Regional Price Parities (2024 data year). Categories include All Items, Goods, Services, and Rents.

CBSA: 26140 · Data year: 2024 · Rank: #197 of 387

Homosassa Springs, FL has a cost of living index of 93.5, meaning it's 6.5% less expensive than the national average. Goods cost 3.8% less, services 12.7% less, and rents are 21.6% below average. A $100K national salary has the purchasing power of $106,990 here.

What the Numbers Mean for Homosassa Springs

Homosassa Springs ranks #197 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 93.5, Homosassa Springs, FL is 6.5% less expensive than the national baseline of 100. The gap between Homosassa Springs's most and least expensive categories — the priciest line item versus rents at 78.4 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $106,990 inside Homosassa Springs, while a household needs roughly $93,467 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 78.4 — 21.6% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Homosassa Springs's overall index has risen by 3.1 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 96.2 and services at 87.3, meaning everyday spending in Homosassa Springs is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Homosassa Springs Cost Index at a Glance

Homosassa Springs all-items cost index

Regional Price Parity vs national average (100)

50160Nat'l avg10093.5

Homosassa Springs category breakdown

BEA RPP composition by goods, services, rents, overall

Rents78.427Services87.328Goods96.24Overall93.467

Price Index Summary

Overall

93.5

-6.5 below avg

Goods

96.2

-3.8 below avg

Services

87.3

-12.7 below avg

Rents

78.4

-21.6 below avg

Price Index vs National Average (100)

Overall
National avg

Index 93.5 (-6.5 vs national avg)

Goods
National avg

Index 96.2 (-3.8 vs national avg)

Services
National avg

Index 87.3 (-12.7 vs national avg)

Rents
National avg

Index 78.4 (-21.6 vs national avg)

Vertical line on each bar = national average (100)

Cost Breakdown Analysis

Below National Average

Rents -21.6% (78.4)
Services -12.7% (87.3)
Overall -6.5% (93.5)
Goods -3.8% (96.2)

Income Adequacy in Homosassa Springs

Homosassa Springs income adequacy score

$75,000 median income vs RPP 93.5

0/100100/100100/100

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$93,467

in Homosassa Springs, FL purchasing power

$50,000 nationally
$46,734
$75,000 nationally
$70,100
$125,000 nationally
$116,834
$150,000 nationally
$140,201
$200,000 nationally
$186,934

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending upward, increasing by 3.1 points over this period.

Year Overall
2008 90.4
2009 91.8
2010 91.0
2011 90.4
2012 92.8
2013 91.9
2014 92.0
2015 91.6
2016 90.1
2017 88.4
2018 93.9
2019 90.8
2020 89.9
2021 93.7
2022 94.6
2023 95.7
2024 93.5

Metros with Similar Cost of Living

These metros have an overall RPP closest to Homosassa Springs, FL's index of 93.5.

Related Data for Homosassa Springs

Frequently Asked Questions

What is the cost of living in Homosassa Springs, FL?
Homosassa Springs, FL has a Regional Price Parity (RPP) index of 93.5, meaning it is 6.5% less expensive than the national average. Goods are indexed at 96.2, services at 87.3, and rents at 78.4. It ranks #197 out of 387 U.S. metro areas by overall cost.
What salary do I need in Homosassa Springs, FL to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,467 in Homosassa Springs, FL. Conversely, $100K earned in Homosassa Springs, FL has the purchasing power of $106,990 at the national average.
How expensive is rent in Homosassa Springs, FL?
Rents in Homosassa Springs, FL are indexed at 78.4, which is 21.6% below the national average. This makes the area relatively affordable for renters.
Is Homosassa Springs, FL getting more expensive?
From 2008 to 2024, Homosassa Springs, FL's overall cost index changed by +3.1 points (from 90.4 to 93.5). The cost of living has been trending upward.
What metros have a similar cost of living to Homosassa Springs, FL?
Metros with the most similar overall cost index include Monroe, Lafayette-West Lafayette, Billings. These areas have RPP values within a few points of Homosassa Springs, FL's 93.5.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

All federal data sources used on this page