Cost of Living in Inverness Highlands South, FL
Population 7,478 · Florida · Data vintage 2023
(100 = US avg)
Inverness Highlands South sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 25 miles northeast of Spring Hill, Inverness Highlands South falls within that metro's commuting orbit. Median home values run roughly 17% lower than Spring Hill's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Inverness Highlands South
The median home value in Inverness Highlands South is $206,900 — 32% below the national median of $305,000. Median rent runs $1,296/month, 1% lower than the national median of $1,314/month. The median household income of $61,224/year is 18% lower than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Inverness Highlands South has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.
Inverness Highlands South has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Inverness Highlands South, FL?
Inverness Highlands South has a cost index of 80 (100 = national average). It is 20% below the national average.
What is average rent in Inverness Highlands South, FL?
The median gross rent in Inverness Highlands South is $1,296 per month based on 2023 Census data.
What is the average home price in Inverness Highlands South?
The median home value in Inverness Highlands South is $206,900 according to 2023 Census ACS data.
What is the median income in Inverness Highlands South?
The median household income in Inverness Highlands South is $61,224 per year (2023 ACS 5-year estimates).
What is the sales tax in Inverness Highlands South, FL?
The combined state and local sales tax rate in Inverness Highlands South is 7.0%. Florida has no state income tax.
Is Inverness Highlands South, FL affordable?
Yes, Inverness Highlands South is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.
Inverness Highlands South at a Glance
- Population
- 7,478
- Median Income
- $61,224
- Home Value
- $206,900
- Median Rent
- $1,296/mo
- Unemployment
- 4.3%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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