Glenvar Heights 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.
IndexGlenvar HeightsFloridaNational
Cost of living index122100100
IndexGlenvar HeightsFloridaNational
Goods & Services index106101100
Groceries index107105100
Health care index10497100
Housing index15795100
Transportation index117105100
Utilities index97102100
A general summary of the cost of living index in Glenvar Heights, FL is shown above. Compared to the state average of Florida the cost of living index in Glenvar Heights, FL is 122, which is 22% higher than the average in Florida and compared to the national average it is 22% higher 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 Glenvar Heights, FL goods and services come in at 6% higher than the average in Florida and are 6% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Glenvar Heights is 22% higher than the Florida average.
  • The cost of living in Glenvar Heights is 22% higher than the national average.
  • The cost of housing in Glenvar Heights is 57% 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 Glenvar Heights, FL Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Glenvar Heights, 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 Glenvar Heights, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Glenvar Heights, 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$84,763$7,064$1,978$2,543
Renters$45,686$3,807$1,066$1,371
One can approximate the cost of living and the housing affordability in Glenvar Heights, FL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Glenvar Heights, FL have a median income of $84,763. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,978 per month to avoid calamity and poverty. The renters in the city have an income of about $45,686, which would make their monthly maximum allowable rental costs $1,066.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When you are determining the total cost of living in Glenvar Heights, FL you will want to make sure you consider both the Florida sales tax and the Florida income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Florida is 6%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Florida have a range from 0% to 0%.

Goods & Services

ItemGlenvar HeightsNational avg.Difference
Haircut $15.60$14.596.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.70$2.479.2%
Shampoo $1.07$1.024.7%
Movie $10.81$9.879.5%
Bowling $8.26$4.3988.1%

Groceries

ItemGlenvar HeightsNational avg.Difference
Ground Beef $5.13$4.4814.6%
Fried Chicken $1.57$1.467.2%
Milk $2.71$2.3615.0%
Potatoes $3.39$3.0610.7%
Pizza $8.99$9.242.7%
Beer $8.43$8.632.3%

Health Care

ItemGlenvar HeightsNational avg.Difference
Optometrist $80.50$99.7819.3%
Doctor $97.86$105.036.8%
Dentist $97.00$88.709.4%
Ibuprofen $10.49$9.4111.5%
Lipitor $332.58$298.5011.4%

Housing

ItemGlenvar HeightsNational avg.Difference
Home Price $297,100.00$175,700.0069.1%
Avg. Mortgage Payment $1,310.50$1,081.0321.2%
Apartment Rent $1,195.00$920.0029.9%

Transportation

ItemGlenvar HeightsNational avg.Difference
Gasoline $2.32$2.0911.1%
Tire Balancing $59.59$45.2931.6%

Utilities

ItemGlenvar HeightsNational avg.Difference
All Electricity$166.37$170.802.6%
Phone $27.52$28.262.6%
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.
Fisher Island, FL2401066%
Homestead Base, FL1,07080-20%
Medley, FL94090-10%
Brownsville, FL14,83593-7%
Opa-locka, FL15,86794-6%
Glenvar Heights, FL18,89912222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Tullahoma, TN18,90091-9%
Augusta, ME18,8981011%
Alamo, TX18,90767-33%
Lake Forest, IL18,91418989%
Pinecrest, FL18,91417272%
Glenvar Heights, FL18,89912222%
Source: The Glenvar Heights, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.