Fort Pierce South 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.
IndexFort Pierce SouthFloridaNational
Cost of living index8899100
IndexFort Pierce SouthFloridaNational
Goods & Services index9999100
Groceries index103102100
Health care index9997100
Housing index5295100
Transportation index99100100
Utilities index128103100
Displayed above is a general overview of the Fort Pierce South, FL cost of living index. The overall cost of living index in Fort Pierce South, FL is 88, which is 11% lower than the Florida average and 12% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Fort Pierce South, FL are 1% lower than the Florida average and 1% lower than the national average.

Did you know?

  • The cost of living in Fort Pierce South is 11% lower than the Florida average.
  • The cost of living in Fort Pierce South is 12% lower than the national average.
  • The cost of housing in Fort Pierce South is 48% 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 Fort Pierce South, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Fort Pierce South, FL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Fort Pierce South, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Fort Pierce South, FL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$42,279$3,523$986$1,268
Renters$24,205$2,017$565$726
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Fort Pierce South, FL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Fort Pierce South, FL homeowners have a median income of $42,279. Using that number, you will come up with a maximum of $986 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,205, which means there is a maximum of $565 to be spent on the costs of renting a home or apartment.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
For those who live in Fort Pierce South, FL and want to know what the true cost of living is, they ought to look at both the Florida income tax rate and the Florida sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Florida, the sales tax is 6%, while the most you'll pay in surtax is 7.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Florida, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemFort Pierce SouthNational avg.Difference
Haircut $14.67$15.565.7%
Beauty Salon $43.89$36.1121.5%
Toothpaste $2.86$2.4715.7%
Shampoo $0.97$0.960.9%
Movie $6.21$10.1338.6%
Bowling $4.42$4.746.7%

Groceries

ItemFort Pierce SouthNational avg.Difference
Ground Beef $3.48$3.9812.6%
Fried Chicken $1.30$1.417.6%
Milk $2.38$2.0615.2%
Potatoes $3.60$2.9820.7%
Pizza $8.99$9.475.1%
Beer $9.49$8.797.9%

Health Care

ItemFort Pierce SouthNational avg.Difference
Optometrist $114.75$101.0413.6%
Doctor $87.53$107.4418.5%
Dentist $94.78$90.424.8%
Ibuprofen $10.69$9.2815.2%
Lipitor $418.04$426.502.0%

Housing

ItemFort Pierce SouthNational avg.Difference
Home Price $74,500.00$175,700.0057.6%
Avg. Mortgage Payment $907.44$1,133.2319.9%
Apartment Rent $697.00$920.0024.2%

Transportation

ItemFort Pierce SouthNational avg.Difference
Gasoline $2.00$1.990.5%
Tire Balancing $43.32$45.765.3%

Utilities

ItemFort Pierce SouthNational avg.Difference
All Electricity$208.89$163.8127.5%
Phone $36.82$28.3929.7%
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.
Ocean Breeze Park, FL25882-18%
Fort Pierce North, FL6,90187-13%
River Park, FL5,35289-11%
Lakewood Park, FL11,30490-10%
Fort Pierce, FL42,74491-9%
Fort Pierce South, FL4,88788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Winfield, IN4,88811717%
Boothwyn, PA4,8891088%
Byram, CT4,88518383%
New Lexington, OH4,88983-17%
Welcome, NC4,89188-12%
Fort Pierce South, FL4,88788-12%
Source: The Fort Pierce South, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.