Crystal Lake 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.
IndexCrystal LakeFloridaNational
Cost of living index8599100
IndexCrystal LakeFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index5595100
Transportation index100100100
Utilities index114103100
Here we can see a simple outline of the cost of living in Crystal Lake, FL. As you can see, with the average cost of living in Crystal Lake, FL being 85, that puts it 14% lower than the average of Florida and 15% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Crystal Lake, FL, the price of goods and services are 7% lower than the average of Florida as well as 8% lower than the nation's average.

Did you know?

  • The cost of living in Crystal Lake is 14% lower than the Florida average.
  • The cost of living in Crystal Lake is 15% lower than the national average.
  • The cost of housing in Crystal Lake is 45% 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 Crystal Lake, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Crystal Lake, 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 Crystal Lake, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Crystal Lake, 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$42,188$3,516$984$1,266
Renters$25,469$2,122$594$764
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Crystal Lake, 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 Crystal Lake, FL homeowners, is $42,188. This would allow for a maximum of $984 per month to be spent on housing costs. For renters, the median monthly income is $25,469 which would result in a maximum of $594 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%
The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in Crystal Lake, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemCrystal LakeNational 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

ItemCrystal LakeNational 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

ItemCrystal LakeNational 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

ItemCrystal LakeNational avg.Difference
Home Price $68,300.00$175,700.0061.1%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $840.00$920.008.7%

Transportation

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

Utilities

ItemCrystal LakeNational 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.
Mulberry, FL3,86482-18%
Fussels Corner, FL5,15283-17%
Wahneta, FL5,00082-18%
Inwood, FL6,46882-18%
Combee Settlement, FL5,89985-15%
Crystal Lake, FL6,04985-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Blue Bell, PA6,04914040%
Dickson City, PA6,04996-4%
Pacific, MO6,04793-7%
Theodore, AL6,05192-8%
Erwin, TN6,05286-14%
Crystal Lake, FL6,04985-15%
Source: The Crystal Lake, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.