June Park 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.
IndexJune ParkFloridaNational
Cost of living index9699100
IndexJune ParkFloridaNational
Goods & Services index9999100
Groceries index103102100
Health care index9997100
Housing index7795100
Transportation index99100100
Utilities index128103100
A general overview of the cost of living index for June Park, FL is displayed above. In June Park, FL, the overall cost of living index is 96, which is 3% lower than the Florida average and 4% 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 June Park, FL, the city's goods and services are 1% lower than the Florida average and 1% lower than the U.S. average.

Did you know?

  • The cost of living in June Park is 3% lower than the Florida average.
  • The cost of living in June Park is 4% lower than the national average.
  • The cost of housing in June Park is 23% 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 June Park, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in June Park, FL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in June Park, FL, then you would need to earn more income in order to maintain the same standard of living. To use the June Park, FL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,021$4,835$1,354$1,741
Renters$26,731$2,228$624$802
One can approximate the cost of living and the housing affordability in June Park, 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 June Park, FL have a median income of $58,021. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,354 per month to avoid calamity and poverty. The renters in the city have an income of about $26,731, which would make their monthly maximum allowable rental costs $624.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
One thing to keep in mind when considering the cost of living in June Park, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemJune ParkNational 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

ItemJune ParkNational 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

ItemJune ParkNational 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

ItemJune ParkNational avg.Difference
Home Price $147,300.00$175,700.0016.2%
Avg. Mortgage Payment $907.44$1,133.2319.9%
Apartment Rent $569.00$920.0038.2%

Transportation

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

Utilities

ItemJune ParkNational 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.
Micco, FL8,55589-11%
Palm Bay, FL104,34294-6%
Melbourne, FL77,21694-6%
West Melbourne, FL19,2081033%
Palm Shores, FL1,1251044%
June Park, FL4,05996-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Friona, TX4,05977-23%
Avenue B and C, AZ4,05982-18%
Gatlinburg, TN4,05988-12%
University Gardens, NY4,05918383%
Livingston, TN4,06083-17%
June Park, FL4,05996-4%
Source: The June Park, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.