Cost Of Living In Haines City, FL

Haines City 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.
Index	Haines City	Florida	National
Cost of living index	87	99	100
Index	Haines City	Florida	National
Goods & Services index	94	99	100
Groceries index	100	102	100
Health care index	86	97	100
Housing index	66	95	100
Transportation index	98	100	100
Utilities index	98	103	100

A general overview of the cost of living index for Haines City, FL is displayed above. In Haines City, FL, the overall cost of living index is 87, which is 12% lower than the Florida average and 13% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Haines City, FL, the city's goods and services are 6% lower than the Florida average and 6% lower than the U.S. average.

Did you know?

The cost of living in Haines City is 12% lower than the Florida average.
The cost of living in Haines City is 13% lower than the national average.
The cost of housing in Haines City is 34% 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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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is used in order to provide a comparison of your current salary in Haines City, 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 Haines City, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Haines City, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$39,212	$3,268	$915	$1,176
Renters	$24,447	$2,037	$570	$733

How much of your monthly income goes to housing can tell you whether or not you can afford housing in Haines City, 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 Haines City, FL homeowners have a median income of $39,212. Using that number, you will come up with a maximum of $915 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,447, which means there is a maximum of $570 to be spent on the costs of renting a home or apartment.

Florida Sales Tax

State	General Sales Tax	With Max Surtax
Florida	6%	7.5%

Florida Income Tax

State	Income Tax (Low)	Income Tax (High)
Florida	0%	0%

When considering the overall cost of living expenses in Haines City, FL, it's important to take into account the sales tax for Florida, as well as the rate for income tax in Florida. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Florida is 7.5%, and the sales tax in the state of Florida is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Florida starts from 0% and goes up to 0%.

Goods & Services

Item	Haines City	National avg.	Difference
Haircut	$14.33	$15.56	7.9%
Beauty Salon	$44.52	$36.11	23.3%
Toothpaste	$2.90	$2.47	17.2%
Shampoo	$0.89	$0.96	8.1%
Movie	$10.84	$10.13	7.1%
Bowling	$4.60	$4.74	2.9%

Groceries

Item	Haines City	National avg.	Difference
Ground Beef	$4.09	$3.98	2.7%
Fried Chicken	$1.42	$1.41	1.2%
Milk	$2.34	$2.06	13.5%
Potatoes	$3.24	$2.98	8.8%
Pizza	$8.94	$9.47	5.7%
Beer	$9.26	$8.79	5.3%

Health Care

Item	Haines City	National avg.	Difference
Optometrist	$71.02	$101.04	29.7%
Doctor	$73.11	$107.44	32.0%
Dentist	$79.67	$90.42	11.9%
Ibuprofen	$9.44	$9.28	1.7%
Lipitor	$440.90	$426.50	3.4%

Housing

Item	Haines City	National avg.	Difference
Home Price	$98,700.00	$175,700.00	43.8%
Avg. Mortgage Payment	$954.22	$1,133.23	15.8%
Apartment Rent	$809.00	$920.00	12.1%

Transportation

Item	Haines City	National avg.	Difference
Gasoline	$1.97	$1.99	1.4%
Tire Balancing	$44.44	$45.76	2.9%

Utilities

Item	Haines City	National avg.	Difference
All Electricity	$161.51	$163.81	1.4%
Phone	$27.81	$28.39	2.0%

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, State	Population	Cost of Living Index	National Avg.
Fussels Corner, FL	5,152	83	-17%
Wahneta, FL	5,000	82	-18%
Inwood, FL	6,468	82	-18%
Campbell, FL	2,705	82	-18%
Dundee, FL	3,833	83	-17%
Haines City, FL	21,207	87	-13%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
South Milwaukee, WI	21,210	96	-4%
Kiryas Joel, NY	21,201	129	29%
East Ridge, TN	21,220	89	-11%
Darien, CT	21,190	273	173%
Waynesboro, VA	21,177	93	-7%
Haines City, FL	21,207	87	-13%

Source: The Haines City, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Haines City, FL Cost of Living