Penney Farms 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.
IndexPenney FarmsFloridaNational
Cost of living index88100100
IndexPenney FarmsFloridaNational
Goods & Services index104101100
Groceries index102105100
Health care index9097100
Housing index5495100
Transportation index104105100
Utilities index106102100

Did you know?

  • The cost of living in Penney Farms is 12% lower than the Florida average.
  • The cost of living in Penney Farms is 12% lower than the national average.
  • The cost of housing in Penney Farms is 46% 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 Penney Farms, FL Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$24,432$2,036$570$733
Renters$36,250$3,021$846$1,088

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%

Goods & Services

ItemPenney FarmsNational avg.Difference
Haircut $13.80$14.595.4%
Beauty Salon $55.40$34.6859.7%
Toothpaste $2.94$2.4718.9%
Shampoo $0.95$1.027.0%
Movie $10.86$9.8710.1%
Bowling $4.89$4.3911.3%

Groceries

ItemPenney FarmsNational avg.Difference
Ground Beef $4.60$4.482.8%
Fried Chicken $1.58$1.467.9%
Milk $2.66$2.3612.9%
Potatoes $3.99$3.0630.3%
Pizza $8.49$9.248.1%
Beer $8.81$8.632.1%

Health Care

ItemPenney FarmsNational avg.Difference
Optometrist $80.80$99.7819.0%
Doctor $73.00$105.0330.5%
Dentist $88.60$88.700.1%
Ibuprofen $9.15$9.412.8%
Lipitor $289.99$298.502.9%

Housing

ItemPenney FarmsNational avg.Difference
Home Price $47,200.00$175,700.0073.1%
Avg. Mortgage Payment $878.25$1,081.0318.8%
Apartment Rent $1,066.00$920.0015.9%

Transportation

ItemPenney FarmsNational avg.Difference
Gasoline $2.13$2.091.6%
Tire Balancing $50.33$45.2911.1%

Utilities

ItemPenney FarmsNational avg.Difference
All Electricity$169.75$170.800.6%
Phone $32.76$28.2615.9%
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.
Bellair-Meadowbrook Terrace, FL13,57895-5%
Middleburg, FL13,04295-5%
Keystone Heights, FL1,54093-7%
Green Cove Springs, FL6,98497-3%
Orange Park, FL8,47299-1%
Penney Farms, FL64788-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Flovilla, GA64793-7%
Union, WV64789-11%
Cape Vincent, NY64794-6%
Williamsburg, CO64783-17%
Meyers Lake, OH64799-1%
Penney Farms, FL64788-12%
Source: The Penney Farms, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.