Citrus Hills 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.
IndexCitrus HillsFloridaNational
Cost of living index105100100
IndexCitrus HillsFloridaNational
Goods & Services index95101100
Groceries index102105100
Health care index9897100
Housing index12295100
Transportation index100105100
Utilities index103102100
An overview of the general cost of living index for Citrus Hills, FL is displayed above for your reference. Residents in Citrus Hills, FL enjoy a cost of living index of 105. This index is 5% higher than the Florida average, and 5% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Citrus Hills, FL, the average cost of goods and services is 5% lower than it is in Florida, and it is 5% lower than the national average.

Did you know?

  • The cost of living in Citrus Hills is 5% higher than the Florida average.
  • The cost of living in Citrus Hills is 5% higher than the national average.
  • The cost of housing in Citrus Hills is 22% higher 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 Citrus Hills, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Citrus Hills, FL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Citrus Hills, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Citrus Hills, FL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,340$4,862$1,361$1,750
Renters$52,721$4,393$1,230$1,582
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Citrus Hills, FL as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Citrus Hills, FL homeowners, is $58,340. This would allow for a maximum of $1,361 per month to be spent on housing costs. For renters, the median monthly income is $52,721 which would result in a maximum of $1,230 to be spent on rental costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When assessing the complete cost of living in Citrus Hills, FL, the Florida income tax and the Florida sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Florida maximum surtax is 7.5%, and the Florida sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Florida.

Goods & Services

ItemCitrus HillsNational 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

ItemCitrus HillsNational 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

ItemCitrus HillsNational 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

ItemCitrus HillsNational avg.Difference
Home Price $216,800.00$175,700.0023.4%
Avg. Mortgage Payment $960.13$1,081.0311.2%
Apartment Rent $1,088.00$920.0018.3%

Transportation

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

Utilities

ItemCitrus HillsNational 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.
Dunnellon, FL1,68682-18%
Homosassa Springs, FL13,40383-17%
Inglis, FL1,30685-15%
Beverly Hills, FL8,51885-15%
Floral City, FL4,88386-14%
Citrus Hills, FL8,1911055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Union, SC8,19188-12%
Pasadena Hills, FL8,19091-9%
Hillside, IL8,1921033%
Wytheville, VA8,19394-6%
St. Marys, OH8,19389-11%
Citrus Hills, FL8,1911055%
Source: The Citrus Hills, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.