Bardmoor cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBardmoorFloridaNational
Cost of living index9699100
IndexBardmoorFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index9395100
Transportation index100100100
Utilities index114103100
A general overview of the cost of living index for Bardmoor, FL is displayed above. In Bardmoor, FL, the overall cost of living index is 96, which is 3% lower than the Florida average and 4% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Bardmoor, FL, the city's goods and services are 7% lower than the Florida average and 8% lower than the U.S. average.

Did you know?

  • The cost of living in Bardmoor is 3% lower than the Florida average.
  • The cost of living in Bardmoor is 4% lower than the national average.
  • The cost of housing in Bardmoor is 7% 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.

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Compare Bardmoor, FL Cost of living To Other Cities

Salary Calculator

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Health care index
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Use the salary calculator to compare your current income in Bardmoor, FL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Bardmoor, FL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Bardmoor, FL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$57,780$4,815$1,348$1,734
Renters$35,714$2,976$833$1,072
The affordability of the housing market in Bardmoor, FL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Bardmoor, FL homeowners, the median income is $57,780. This indicates that a monthly maximum of $1,348 should be spent by homeowners on all housing related costs. Renters have a median income of $35,714. This indicates that renters should have a maximum of $833 used for their rent related monthly costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When considering the overall cost of living expenses in Bardmoor, FL, it's important to take into account the sales tax for Florida, as well as the rate for income tax in Florida. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Florida is 7.5%, and the sales tax in the state of Florida is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Florida starts from 0% and goes up to 0%.

Goods & Services

ItemBardmoorNational avg.Difference
Haircut $13.63$15.5612.4%
Beauty Salon $34.41$36.114.7%
Toothpaste $2.30$2.477.1%
Shampoo $0.89$0.967.8%
Movie $10.04$10.130.9%
Bowling $5.29$4.7411.6%

Groceries

ItemBardmoorNational avg.Difference
Ground Beef $4.13$3.983.6%
Fried Chicken $1.38$1.411.9%
Milk $2.39$2.0616.0%
Potatoes $3.27$2.989.7%
Pizza $8.61$9.479.1%
Beer $9.36$8.796.4%

Health Care

ItemBardmoorNational avg.Difference
Optometrist $99.69$101.041.3%
Doctor $94.39$107.4412.1%
Dentist $87.08$90.423.7%
Ibuprofen $9.49$9.282.2%
Lipitor $425.69$426.500.2%

Housing

ItemBardmoorNational avg.Difference
Home Price $139,800.00$175,700.0020.4%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $1,141.00$920.0024.0%

Transportation

ItemBardmoorNational avg.Difference
Gasoline $1.96$1.991.4%
Tire Balancing $46.52$45.761.7%

Utilities

ItemBardmoorNational avg.Difference
All Electricity$155.82$163.814.9%
Phone $39.95$28.3940.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lealman, FL20,74084-16%
West Lealman, FL15,25786-14%
South Highpoint, FL4,94288-12%
Largo, FL78,39188-12%
Kenneth City, FL4,98689-11%
Bardmoor, FL9,63596-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Fort Polk South, LA9,6351033%
Frederick, CO9,63611414%
Hackettstown, NJ9,63311919%
Lake Wylie, SC9,64011313%
Jefferson, GA9,63098-2%
Bardmoor, FL9,63596-4%
Source: The Bardmoor, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.