Keystone 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.
IndexKeystoneFloridaNational
Cost of living index126100100
IndexKeystoneFloridaNational
Goods & Services index96101100
Groceries index99105100
Health care index9197100
Housing index19095100
Transportation index102105100
Utilities index103102100
A general summary of the cost of living index in Keystone, FL is shown above. Compared to the state average of Florida the cost of living index in Keystone, FL is 126, which is 26% higher than the average in Florida and compared to the national average it is 26% higher 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 Keystone, FL goods and services come in at 5% lower than the average in Florida and are 4% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Keystone is 26% higher than the Florida average.
  • The cost of living in Keystone is 26% higher than the national average.
  • The cost of housing in Keystone is 90% 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.

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Compare Keystone, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in Keystone, 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 Keystone, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Keystone, 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$118,804$9,900$2,772$3,564
Renters$78,074$6,506$1,822$2,342
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Keystone, 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 Keystone, FL homeowners have a median income of $118,804. Using that number, you will come up with a maximum of $2,772 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $78,074, which means there is a maximum of $1,822 to be spent on the costs of renting a home or apartment.

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 Keystone, 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

ItemKeystoneNational avg.Difference
Haircut $14.10$14.593.4%
Beauty Salon $32.10$34.687.4%
Toothpaste $2.28$2.477.8%
Shampoo $1.00$1.022.2%
Movie $9.61$9.872.6%
Bowling $5.22$4.3918.9%

Groceries

ItemKeystoneNational avg.Difference
Ground Beef $4.61$4.483.0%
Fried Chicken $1.51$1.463.1%
Milk $2.70$2.3614.6%
Potatoes $3.47$3.0613.3%
Pizza $8.49$9.248.1%
Beer $8.67$8.630.4%

Health Care

ItemKeystoneNational avg.Difference
Optometrist $91.30$99.788.5%
Doctor $85.80$105.0318.3%
Dentist $75.44$88.7015.0%
Ibuprofen $9.44$9.410.3%
Lipitor $324.53$298.508.7%

Housing

ItemKeystoneNational avg.Difference
Home Price $329,900.00$175,700.0087.8%
Avg. Mortgage Payment $774.61$1,081.0328.3%
Apartment Rent $1,797.00$920.0095.3%

Transportation

ItemKeystoneNational avg.Difference
Gasoline $2.08$2.090.3%
Tire Balancing $48.65$45.297.4%

Utilities

ItemKeystoneNational avg.Difference
All Electricity$160.88$170.805.8%
Phone $32.47$28.2614.9%
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.
Moon Lake, FL4,80282-18%
New Port Richey, FL15,06384-16%
Bayonet Point, FL24,41285-15%
Jasmine Estates, FL18,47085-15%
Holiday, FL21,04986-14%
Keystone, FL22,67812626%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Palm River-Clair Mel, FL22,66790-10%
Ewa Gentry, HI22,66317070%
Hialeah Gardens, FL22,6601044%
Estero, FL22,64911414%
Granite Bay, CA22,64616767%
Keystone, FL22,67812626%
Source: The Keystone, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.