Jensen Beach 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.
IndexJensen BeachFloridaNational
Cost of living index102100100
IndexJensen BeachFloridaNational
Goods & Services index102101100
Groceries index113105100
Health care index9697100
Housing index9495100
Transportation index99105100
Utilities index124102100
An overview of the general cost of living index for Jensen Beach, FL is displayed above for your reference. Residents in Jensen Beach, FL enjoy a cost of living index of 102. This index is 3% higher than the Florida average, and 2% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Jensen Beach, FL, the average cost of goods and services is 1% higher than it is in Florida, and it is 2% higher than the national average.

Did you know?

  • The cost of living in Jensen Beach is 3% higher than the Florida average.
  • The cost of living in Jensen Beach is 2% higher than the national average.
  • The cost of housing in Jensen Beach is 6% 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 Jensen Beach, FL Cost of living To Other Cities

Salary Calculator

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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 Jensen Beach, 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 Jensen Beach, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Jensen Beach, 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$49,066$4,089$1,145$1,472
Renters$28,261$2,355$659$848
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Jensen Beach, FL as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Jensen Beach, FL homeowners, is $49,066. This would allow for a maximum of $1,145 per month to be spent on housing costs. For renters, the median monthly income is $28,261 which would result in a maximum of $659 to be spent on rental costs.

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 Jensen Beach, 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

ItemJensen BeachNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.67$34.6823.0%
Toothpaste $3.00$2.4721.3%
Shampoo $1.05$1.022.7%
Movie $9.13$9.877.5%
Bowling $4.75$4.398.2%

Groceries

ItemJensen BeachNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.64$1.4612.0%
Milk $2.83$2.3620.1%
Potatoes $3.94$3.0628.7%
Pizza $8.99$9.242.7%
Beer $8.99$8.634.1%

Health Care

ItemJensen BeachNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $77.53$105.0326.2%
Dentist $95.00$88.707.1%
Ibuprofen $11.24$9.4119.4%
Lipitor $280.37$298.506.1%

Housing

ItemJensen BeachNational avg.Difference
Home Price $169,400.00$175,700.003.6%
Avg. Mortgage Payment $973.83$1,081.039.9%
Apartment Rent $804.00$920.0012.6%

Transportation

ItemJensen BeachNational avg.Difference
Gasoline $2.15$2.092.9%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemJensen BeachNational avg.Difference
All Electricity$209.21$170.8022.5%
Phone $35.75$28.2626.5%
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, FL25884-16%
Fort Pierce South, FL4,88790-10%
River Park, FL5,35291-9%
Fort Pierce, FL42,74492-8%
Indiantown, FL5,98193-7%
Jensen Beach, FL12,0001022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wilton Manors, FL11,99411111%
Hasbrouck Heights, NJ11,98915353%
Travilah, MD11,989208108%
Powell, OH12,01212424%
Speedway, IN12,01288-12%
Jensen Beach, FL12,0001022%
Source: The Jensen Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.