Medulla 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.
IndexMedullaFloridaNational
Cost of living index9599100
IndexMedullaFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index8895100
Transportation index100100100
Utilities index114103100
A general summary of the cost of living index in Medulla, FL is shown above. Compared to the state average of Florida the cost of living index in Medulla, FL is 95, which is 4% lower than the average in Florida and compared to the national average it is 5% lower 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 Medulla, FL goods and services come in at 7% lower than the average in Florida and are 8% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Medulla is 4% lower than the Florida average.
  • The cost of living in Medulla is 5% lower than the national average.
  • The cost of housing in Medulla is 12% 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 Medulla, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Medulla, 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 Medulla, FL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Medulla, 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$64,293$5,358$1,500$1,929
Renters$38,569$3,214$900$1,157
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Medulla, 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 Medulla, FL homeowners have a median income of $64,293. Using that number, you will come up with a maximum of $1,500 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $38,569, which means there is a maximum of $900 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 Medulla, 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

ItemMedullaNational 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

ItemMedullaNational 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

ItemMedullaNational 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

ItemMedullaNational avg.Difference
Home Price $146,900.00$175,700.0016.4%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $895.00$920.002.7%

Transportation

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

Utilities

ItemMedullaNational 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.
Bradley Junction, FL49481-19%
Mulberry, FL3,86482-18%
Fussels Corner, FL5,15283-17%
Inwood, FL6,46882-18%
Crystal Lake, FL6,04985-15%
Medulla, FL8,11495-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Siler City, NC8,10986-14%
Fern Park, FL8,12393-7%
Lake Elmo, MN8,12312525%
Lake Carmel, NY8,12713030%
Campbell, OH8,12783-17%
Medulla, FL8,11495-5%
Source: The Medulla, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.