Eustis 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.
IndexEustisFloridaNational
Cost of living index92100100
IndexEustisFloridaNational
Goods & Services index98101100
Groceries index107105100
Health care index9697100
Housing index7495100
Transportation index103105100
Utilities index91102100
Here we can see a simple outline of the cost of living in Eustis, FL. As you can see, with the average cost of living in Eustis, FL being 92, that puts it 8% lower than the average of Florida and 8% 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 Eustis, FL, the price of goods and services are 3% lower than the average of Florida as well as 2% lower than the nation's average.

Did you know?

  • The cost of living in Eustis is 8% lower than the Florida average.
  • The cost of living in Eustis is 8% lower than the national average.
  • The cost of housing in Eustis is 26% 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 Eustis, 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 Eustis, 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 Eustis, FL, you have to earn a higher income in order to still have the same standard of living. To operate the Eustis, 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$49,474$4,123$1,154$1,484
Renters$24,840$2,070$580$745
If you want to find a good determining factor for the cost of living and the general affordability of housing in Eustis, FL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Eustis, FL, the median monthly income is $49,474 for those who own their own homes. Under the standard rule, that income level would allow for $1,154 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,840, per the median income in the area. That would allow for renters to spend up to $580 on monthly rental expenses.

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 Eustis, 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

ItemEustisNational avg.Difference
Haircut $13.83$14.595.2%
Beauty Salon $41.14$34.6818.6%
Toothpaste $3.11$2.4725.7%
Shampoo $0.94$1.028.0%
Movie $10.40$9.875.4%
Bowling $4.78$4.398.8%

Groceries

ItemEustisNational avg.Difference
Ground Beef $4.76$4.486.3%
Fried Chicken $1.49$1.461.8%
Milk $2.76$2.3617.1%
Potatoes $3.61$3.0617.9%
Pizza $10.11$9.249.4%
Beer $8.51$8.631.4%

Health Care

ItemEustisNational avg.Difference
Optometrist $65.50$99.7834.4%
Doctor $88.80$105.0315.5%
Dentist $88.80$88.700.1%
Ibuprofen $9.98$9.416.0%
Lipitor $314.74$298.505.4%

Housing

ItemEustisNational avg.Difference
Home Price $117,000.00$175,700.0033.4%
Avg. Mortgage Payment $1,021.34$1,081.035.5%
Apartment Rent $832.00$920.009.6%

Transportation

ItemEustisNational avg.Difference
Gasoline $2.14$2.092.5%
Tire Balancing $47.37$45.294.6%

Utilities

ItemEustisNational avg.Difference
All Electricity$178.86$170.804.7%
Phone $20.01$28.2629.2%
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.
Okahumpka, FL4099-1%
Lisbon, FL10872-28%
Lake Kathryn, FL98583-17%
Pine Lakes, FL55285-15%
Paisley, FL77586-14%
Eustis, FL18,92092-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mineola, NY18,91816363%
Sylvania, OH18,92397-3%
Lake Forest, IL18,91418989%
Pinecrest, FL18,91417272%
Payson, UT18,92899-1%
Eustis, FL18,92092-8%
Source: The Eustis, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.