Lealman 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.
IndexLealmanFloridaNational
Cost of living index8499100
IndexLealmanFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index5395100
Transportation index100100100
Utilities index114103100
An overview of the general cost of living index for Lealman, FL is displayed above for your reference. Residents in Lealman, FL enjoy a cost of living index of 84. This index is 15% lower than the Florida average, and 16% lower 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 Lealman, FL, the average cost of goods and services is 7% lower than it is in Florida, and it is 8% lower than the national average.

Did you know?

  • The cost of living in Lealman is 15% lower than the Florida average.
  • The cost of living in Lealman is 16% lower than the national average.
  • The cost of housing in Lealman is 47% 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 Lealman, 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
Goods & Services index
Groceries index
Health care index
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Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Lealman, 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 Lealman, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Lealman, 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$35,320$2,943$824$1,060
Renters$21,160$1,763$494$635
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lealman, 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 Lealman, FL homeowners, is $35,320. This would allow for a maximum of $824 per month to be spent on housing costs. For renters, the median monthly income is $21,160 which would result in a maximum of $494 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%
One thing to keep in mind when considering the cost of living in Lealman, 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

ItemLealmanNational avg.Difference
Haircut $13.63$15.5612.4%
Beauty Salon $34.41$36.114.7%
Toothpaste $2.30$2.477.1%
Shampoo $0.89$0.967.8%
Movie $10.04$10.130.9%
Bowling $5.29$4.7411.6%

Groceries

ItemLealmanNational avg.Difference
Ground Beef $4.13$3.983.6%
Fried Chicken $1.38$1.411.9%
Milk $2.39$2.0616.0%
Potatoes $3.27$2.989.7%
Pizza $8.61$9.479.1%
Beer $9.36$8.796.4%

Health Care

ItemLealmanNational avg.Difference
Optometrist $99.69$101.041.3%
Doctor $94.39$107.4412.1%
Dentist $87.08$90.423.7%
Ibuprofen $9.49$9.282.2%
Lipitor $425.69$426.500.2%

Housing

ItemLealmanNational avg.Difference
Home Price $68,100.00$175,700.0061.2%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $805.00$920.0012.5%

Transportation

ItemLealmanNational avg.Difference
Gasoline $1.96$1.991.4%
Tire Balancing $46.52$45.761.7%

Utilities

ItemLealmanNational avg.Difference
All Electricity$155.82$163.814.9%
Phone $39.95$28.3940.7%
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.
West Lealman, FL15,25786-14%
South Highpoint, FL4,94288-12%
Largo, FL78,39188-12%
Kenneth City, FL4,98689-11%
Egypt Lake-Leto, FL36,73590-10%
Lealman, FL20,74084-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Patterson, CA20,73611010%
Morrisville, NC20,7281099%
West Carson, CA20,76613535%
Nogales, AZ20,69987-13%
Ensley, FL20,78491-9%
Lealman, FL20,74084-16%
Source: The Lealman, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.