Belleview 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.
IndexBelleviewFloridaNational
Cost of living index88100100
IndexBelleviewFloridaNational
Goods & Services index95101100
Groceries index102105100
Health care index9897100
Housing index6495100
Transportation index100105100
Utilities index103102100
A general summary of the cost of living index in Belleview, FL is shown above. Compared to the state average of Florida the cost of living index in Belleview, FL is 88, which is 12% lower than the average in Florida and compared to the national average it is 12% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Belleview, FL goods and services come in at 5% lower than the average in Florida and are 5% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Belleview is 12% lower than the Florida average.
  • The cost of living in Belleview is 12% lower than the national average.
  • The cost of housing in Belleview is 36% 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 Belleview, FL Cost of living To Other Cities

Salary Calculator

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The salary calculator is meant to help you compare your salary in Belleview, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Belleview, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Belleview, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$38,523$3,210$899$1,156
Renters$19,230$1,603$449$577
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Belleview, FL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Belleview, FL has a median income of about $38,523 for people who own homes. Based on that number, a person should spend a maximum of $899 on expenses related to housing. Renters have a slightly different median income, which is $19,230. Based on this average, renters should spend no more than $449 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
One thing to keep in mind when considering the cost of living in Belleview, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemBelleviewNational avg.Difference
Haircut $12.67$14.5913.2%
Beauty Salon $28.98$34.6816.4%
Toothpaste $2.84$2.4714.8%
Shampoo $1.05$1.022.7%
Movie $11.00$9.8711.5%
Bowling $5.00$4.3913.9%

Groceries

ItemBelleviewNational avg.Difference
Ground Beef $4.65$4.483.9%
Fried Chicken $1.32$1.469.8%
Milk $2.82$2.3619.7%
Potatoes $2.98$3.062.7%
Pizza $7.99$9.2413.6%
Beer $8.58$8.630.6%

Health Care

ItemBelleviewNational avg.Difference
Optometrist $77.73$99.7822.1%
Doctor $87.33$105.0316.9%
Dentist $94.50$88.706.5%
Ibuprofen $9.99$9.416.1%
Lipitor $308.57$298.503.4%

Housing

ItemBelleviewNational avg.Difference
Home Price $94,700.00$175,700.0046.1%
Avg. Mortgage Payment $960.13$1,081.0311.2%
Apartment Rent $806.00$920.0012.4%

Transportation

ItemBelleviewNational avg.Difference
Gasoline $2.05$2.092.2%
Tire Balancing $48.00$45.296.0%

Utilities

ItemBelleviewNational avg.Difference
All Electricity$170.39$170.800.2%
Phone $30.01$28.266.2%
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.
Silver Springs Shores, FL6,55186-14%
Fruitland Park, FL4,27591-9%
Ocala, FL56,91891-9%
Lady Lake, FL14,13893-7%
Wildwood, FL6,7821033%
Belleview, FL4,58588-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
South Bound Brook, NJ4,58511919%
Westlake, LA4,58585-15%
Pleasant Garden, NC4,58591-9%
West Ocean City, MD4,58612323%
Michigan Center, MI4,58685-15%
Belleview, FL4,58588-12%
Source: The Belleview, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.