Mascotte 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.
IndexMascotteFloridaNational
Cost of living index91100100
IndexMascotteFloridaNational
Goods & Services index98101100
Groceries index107105100
Health care index9697100
Housing index7495100
Transportation index103105100
Utilities index91102100
A general overview of the cost of living index for Mascotte, FL is displayed above. In Mascotte, FL, the overall cost of living index is 91, which is 9% lower than the Florida average and 9% 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 Mascotte, FL, the city's goods and services are 3% lower than the Florida average and 2% lower than the U.S. average.

Did you know?

  • The cost of living in Mascotte is 9% lower than the Florida average.
  • The cost of living in Mascotte is 9% lower than the national average.
  • The cost of housing in Mascotte is 26% 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 Mascotte, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Mascotte, FL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Mascotte, FL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Mascotte, FL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,589$4,382$1,227$1,578
Renters$17,166$1,431$401$515
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 Mascotte, 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. Mascotte, FL has a median income of about $52,589 for people who own homes. Based on that number, a person should spend a maximum of $1,227 on expenses related to housing. Renters have a slightly different median income, which is $17,166. Based on this average, renters should spend no more than $401 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%
When assessing the complete cost of living in Mascotte, FL, the Florida income tax and the Florida sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Florida maximum surtax is 7.5%, and the Florida sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Florida.

Goods & Services

ItemMascotteNational avg.Difference
Haircut $13.83$14.595.2%
Beauty Salon $41.14$34.6818.6%
Toothpaste $3.11$2.4725.7%
Shampoo $0.94$1.028.0%
Movie $10.40$9.875.4%
Bowling $4.78$4.398.8%

Groceries

ItemMascotteNational avg.Difference
Ground Beef $4.76$4.486.3%
Fried Chicken $1.49$1.461.8%
Milk $2.76$2.3617.1%
Potatoes $3.61$3.0617.9%
Pizza $10.11$9.249.4%
Beer $8.51$8.631.4%

Health Care

ItemMascotteNational avg.Difference
Optometrist $65.50$99.7834.4%
Doctor $88.80$105.0315.5%
Dentist $88.80$88.700.1%
Ibuprofen $9.98$9.416.0%
Lipitor $314.74$298.505.4%

Housing

ItemMascotteNational avg.Difference
Home Price $103,500.00$175,700.0041.1%
Avg. Mortgage Payment $1,021.34$1,081.035.5%
Apartment Rent $990.00$920.007.6%

Transportation

ItemMascotteNational avg.Difference
Gasoline $2.14$2.092.5%
Tire Balancing $47.37$45.294.6%

Utilities

ItemMascotteNational avg.Difference
All Electricity$178.86$170.804.7%
Phone $20.01$28.2629.2%
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.
Okahumpka, FL4099-1%
Bushnell, FL3,02682-18%
Webster, FL84583-17%
Ferndale, FL27784-16%
Astatula, FL1,73687-13%
Mascotte, FL5,19791-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ocean Bluff-Brant Rock, MA5,19814444%
Forked River, NJ5,19912424%
Hingham, MA5,19918787%
Bowie, TX5,19582-18%
Iowa Falls, IA5,19379-21%
Mascotte, FL5,19791-9%
Source: The Mascotte, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.