Mary Esther 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.
IndexMary EstherFloridaNational
Cost of living index98100100
IndexMary EstherFloridaNational
Goods & Services index96101100
Groceries index103105100
Health care index8897100
Housing index9795100
Transportation index96105100
Utilities index107102100
Displayed above is a general overview of the Mary Esther, FL cost of living index. The overall cost of living index in Mary Esther, FL is 98, which is 2% lower than the Florida average and 2% lower 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 Mary Esther, FL are 5% lower than the Florida average and 5% lower than the national average.

Did you know?

  • The cost of living in Mary Esther is 2% lower than the Florida average.
  • The cost of living in Mary Esther is 2% lower than the national average.
  • The cost of housing in Mary Esther is 3% 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.

Find Real Estate Listings In Mary Esther

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Mary Esther

Compare Mary Esther, 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 Mary Esther, 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 Mary Esther, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Mary Esther, 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$71,364$5,947$1,665$2,141
Renters$40,412$3,368$943$1,212
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Mary Esther, FL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Mary Esther, FL has a median income of about $71,364 for people who own homes. Based on that number, a person should spend a maximum of $1,665 on expenses related to housing. Renters have a slightly different median income, which is $40,412. Based on this average, renters should spend no more than $943 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
For those who live in Mary Esther, FL and want to know what the true cost of living is, they ought to look at both the Florida income tax rate and the Florida sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Florida, the sales tax is 6%, while the most you'll pay in surtax is 7.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Florida, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemMary EstherNational avg.Difference
Haircut $13.38$14.598.3%
Beauty Salon $33.88$34.682.3%
Toothpaste $3.04$2.4722.9%
Shampoo $1.04$1.021.8%
Movie $9.75$9.871.2%
Bowling $4.02$4.398.5%

Groceries

ItemMary EstherNational avg.Difference
Ground Beef $3.83$4.4814.4%
Fried Chicken $1.47$1.460.4%
Milk $2.61$2.3610.7%
Potatoes $3.72$3.0621.5%
Pizza $8.00$9.2413.4%
Beer $8.82$8.632.2%

Health Care

ItemMary EstherNational avg.Difference
Optometrist $94.50$99.785.3%
Doctor $78.60$105.0325.2%
Dentist $79.40$88.7010.5%
Ibuprofen $9.84$9.414.5%
Lipitor $273.56$298.508.4%

Housing

ItemMary EstherNational avg.Difference
Home Price $164,600.00$175,700.006.3%
Avg. Mortgage Payment $832.83$1,081.0323.0%
Apartment Rent $949.00$920.003.2%

Transportation

ItemMary EstherNational avg.Difference
Gasoline $1.92$2.098.2%
Tire Balancing $47.96$45.295.9%

Utilities

ItemMary EstherNational avg.Difference
All Electricity$188.02$170.8010.1%
Phone $29.01$28.262.7%
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.
Wright, FL25,38497-3%
Fort Walton Beach, FL20,32097-3%
Ocean City, FL5,90197-3%
Holley, FL1,57698-2%
Eglin AFB, FL2,41794-6%
Mary Esther, FL4,03598-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Redwood, TX4,03477-23%
Jourdanton, TX4,03479-21%
Cold Spring, MN4,03395-5%
Sinking Spring, PA4,0331044%
Arlington, NY4,03312424%
Mary Esther, FL4,03598-2%
Source: The Mary Esther, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.