Canal Point 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.
IndexCanal PointFloridaNational
Cost of living index89100100
IndexCanal PointFloridaNational
Goods & Services index102101100
Groceries index113105100
Health care index9697100
Housing index4895100
Transportation index99105100
Utilities index124102100

Did you know?

  • The cost of living in Canal Point is 11% lower than the Florida average.
  • The cost of living in Canal Point is 11% lower than the national average.
  • The cost of housing in Canal Point is 52% 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 Canal Point, FL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$26,667$2,222$622$800
Renters$0$0$0$0

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%

Goods & Services

ItemCanal PointNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.67$34.6823.0%
Toothpaste $3.00$2.4721.3%
Shampoo $1.05$1.022.7%
Movie $9.13$9.877.5%
Bowling $4.75$4.398.2%

Groceries

ItemCanal PointNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.64$1.4612.0%
Milk $2.83$2.3620.1%
Potatoes $3.94$3.0628.7%
Pizza $8.99$9.242.7%
Beer $8.99$8.634.1%

Health Care

ItemCanal PointNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $77.53$105.0326.2%
Dentist $95.00$88.707.1%
Ibuprofen $11.24$9.4119.4%
Lipitor $280.37$298.506.1%

Housing

ItemCanal PointNational avg.Difference
Home Price $83,900.00$175,700.0052.2%
Avg. Mortgage Payment $973.83$1,081.039.9%
Apartment Rent $0.00$920.00100.0%

Transportation

ItemCanal PointNational avg.Difference
Gasoline $2.15$2.092.9%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemCanal PointNational avg.Difference
All Electricity$209.21$170.8022.5%
Phone $35.75$28.2626.5%
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.
Lake Harbor, FL01022%
Pahokee, FL5,94188-12%
Belle Glade, FL17,78589-11%
Indiantown, FL5,98193-7%
South Bay, FL4,94190-10%
Canal Point, FL32489-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sibley, IL32482-18%
Willisburg, KY32488-12%
Days Creek, OR3241033%
Vann Crossroads, NC32486-14%
Derby Acres, CA32492-8%
Canal Point, FL32489-11%
Source: The Canal Point, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.