Indiantown 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.
IndexIndiantownFloridaNational
Cost of living index9199100
IndexIndiantownFloridaNational
Goods & Services index9999100
Groceries index103102100
Health care index9997100
Housing index6195100
Transportation index99100100
Utilities index128103100
A general summary of the cost of living index in Indiantown, FL is shown above. Compared to the state average of Florida the cost of living index in Indiantown, FL is 91, which is 8% lower than the average in Florida and compared to the national average it is 9% 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 Indiantown, FL goods and services come in at 1% lower than the average in Florida and are 1% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Indiantown is 8% lower than the Florida average.
  • The cost of living in Indiantown is 9% lower than the national average.
  • The cost of housing in Indiantown is 39% 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 Indiantown, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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The salary calculator is meant to help you compare your salary in Indiantown, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Indiantown, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Indiantown, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,344$3,779$1,058$1,360
Renters$27,890$2,324$651$837
One can approximate the cost of living and the housing affordability in Indiantown, 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 Indiantown, FL have a median income of $45,344. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,058 per month to avoid calamity and poverty. The renters in the city have an income of about $27,890, which would make their monthly maximum allowable rental costs $651.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When considering the overall cost of living expenses in Indiantown, 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

ItemIndiantownNational 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

ItemIndiantownNational 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

ItemIndiantownNational 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

ItemIndiantownNational avg.Difference
Home Price $75,500.00$175,700.0057.0%
Avg. Mortgage Payment $907.44$1,133.2319.9%
Apartment Rent $947.00$920.002.9%

Transportation

ItemIndiantownNational avg.Difference
Gasoline $2.00$1.990.5%
Tire Balancing $43.32$45.765.3%

Utilities

ItemIndiantownNational 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.
Canal Point, FL32487-13%
Stuart, FL15,85095-5%
Rio, FL1,0591000%
Jensen Beach, FL12,0001011%
North River Shores, FL3,8241077%
Indiantown, FL5,98191-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Gulf Breeze, FL5,98411414%
White Rock, NM5,97711010%
District Heights, MD5,97711818%
Elm Grove, WI5,98512525%
Hebron, KY5,97696-4%
Indiantown, FL5,98191-9%
Source: The Indiantown, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.