Jupiter Farms 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.
IndexJupiter FarmsFloridaNational
Cost of living index12799100
IndexJupiter FarmsFloridaNational
Goods & Services index9999100
Groceries index103102100
Health care index9997100
Housing index18295100
Transportation index99100100
Utilities index128103100
Displayed above is a general overview of the Jupiter Farms, FL cost of living index. The overall cost of living index in Jupiter Farms, FL is 127, which is 29% higher than the Florida average and 27% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Jupiter Farms, FL are 1% lower than the Florida average and 1% lower than the national average.

Did you know?

  • The cost of living in Jupiter Farms is 29% higher than the Florida average.
  • The cost of living in Jupiter Farms is 27% higher than the national average.
  • The cost of housing in Jupiter Farms is 82% 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.

Find Real Estate Listings In Jupiter Farms

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Jupiter Farms

Compare Jupiter Farms, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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 meant to help you compare your salary in Jupiter Farms, 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 Jupiter Farms, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Jupiter Farms, 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$93,688$7,807$2,186$2,811
Renters$47,426$3,952$1,107$1,423
One can approximate the cost of living and the housing affordability in Jupiter Farms, 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 Jupiter Farms, FL have a median income of $93,688. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,186 per month to avoid calamity and poverty. The renters in the city have an income of about $47,426, which would make their monthly maximum allowable rental costs $1,107.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in Jupiter Farms, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemJupiter FarmsNational 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

ItemJupiter FarmsNational 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

ItemJupiter FarmsNational 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

ItemJupiter FarmsNational avg.Difference
Home Price $301,600.00$175,700.0071.7%
Avg. Mortgage Payment $907.44$1,133.2319.9%
Apartment Rent $1,905.00$920.00107.1%

Transportation

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

Utilities

ItemJupiter FarmsNational 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.
Schall Circle, FL1,12988-12%
Limestone Creek, FL1,15292-8%
Mangonia Park, FL1,75893-7%
Juno Ridge, FL53794-6%
Hobe Sound, FL13,20597-3%
Jupiter Farms, FL11,80312727%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Half Moon Bay, CA11,80318787%
Helena-West Helena, AR11,79576-24%
Franklin, OH11,81794-6%
Fulton, NY11,78685-15%
Florham Park, NJ11,82017070%
Jupiter Farms, FL11,80312727%
Source: The Jupiter Farms, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.