East Milton 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.
IndexEast MiltonFloridaNational
Cost of living index90100100
IndexEast MiltonFloridaNational
Goods & Services index96101100
Groceries index103105100
Health care index8897100
Housing index7295100
Transportation index96105100
Utilities index107102100
A general summary of the cost of living index in East Milton, FL is shown above. Compared to the state average of Florida the cost of living index in East Milton, FL is 90, which is 10% lower than the average in Florida and compared to the national average it is 10% 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 East Milton, 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 East Milton is 10% lower than the Florida average.
  • The cost of living in East Milton is 10% lower than the national average.
  • The cost of housing in East Milton is 28% 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.

Find Real Estate Listings In East Milton

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In East Milton

Compare East Milton, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in East Milton, FL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in East Milton, FL, you have to earn a higher income in order to still have the same standard of living. To operate the East Milton, FL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,463$4,289$1,201$1,544
Renters$27,611$2,301$644$828
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 East Milton, 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. East Milton, FL has a median income of about $51,463 for people who own homes. Based on that number, a person should spend a maximum of $1,201 on expenses related to housing. Renters have a slightly different median income, which is $27,611. Based on this average, renters should spend no more than $644 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%
When assessing the complete cost of living in East Milton, 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

ItemEast MiltonNational avg.Difference
Haircut $13.38$14.598.3%
Beauty Salon $33.88$34.682.3%
Toothpaste $3.04$2.4722.9%
Shampoo $1.04$1.021.8%
Movie $9.75$9.871.2%
Bowling $4.02$4.398.5%

Groceries

ItemEast MiltonNational avg.Difference
Ground Beef $3.83$4.4814.4%
Fried Chicken $1.47$1.460.4%
Milk $2.61$2.3610.7%
Potatoes $3.72$3.0621.5%
Pizza $8.00$9.2413.4%
Beer $8.82$8.632.2%

Health Care

ItemEast MiltonNational avg.Difference
Optometrist $94.50$99.785.3%
Doctor $78.60$105.0325.2%
Dentist $79.40$88.7010.5%
Ibuprofen $9.84$9.414.5%
Lipitor $273.56$298.508.4%

Housing

ItemEast MiltonNational avg.Difference
Home Price $109,400.00$175,700.0037.7%
Avg. Mortgage Payment $832.83$1,081.0323.0%
Apartment Rent $869.00$920.005.5%

Transportation

ItemEast MiltonNational avg.Difference
Gasoline $1.92$2.098.2%
Tire Balancing $47.96$45.295.9%

Utilities

ItemEast MiltonNational avg.Difference
All Electricity$188.02$170.8010.1%
Phone $29.01$28.262.7%
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.
Mulat, FL26398-2%
Dickerson City, FL7998-2%
Goulding, FL4,53983-17%
West Pensacola, FL19,57184-16%
Brent, FL22,17587-13%
East Milton, FL11,33790-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Waupun, WI11,33693-7%
North Lindenhurst, NY11,33414040%
Kaneohe Station, HI11,34216767%
Lakeland Village, CA11,3431077%
Clayton, CA11,32817272%
East Milton, FL11,33790-10%
Source: The East Milton, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.