Pensacola 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.
IndexPensacolaFloridaNational
Cost of living index94100100
IndexPensacolaFloridaNational
Goods & Services index96101100
Groceries index103105100
Health care index8897100
Housing index8595100
Transportation index96105100
Utilities index107102100
An overview of the general cost of living index for Pensacola, FL is displayed above for your reference. Residents in Pensacola, FL enjoy a cost of living index of 94. This index is 6% lower than the Florida average, and 6% 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 Pensacola, FL, the average cost of goods and services is 5% lower than it is in Florida, and it is 5% lower than the national average.

Did you know?

  • The cost of living in Pensacola is 6% lower than the Florida average.
  • The cost of living in Pensacola is 6% lower than the national average.
  • The cost of housing in Pensacola is 15% 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 Pensacola, FL Cost of living To Other Cities

Salary Calculator

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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 allows you to compare how much your current salary in Pensacola, FL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Pensacola, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Pensacola, FL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,578$5,048$1,413$1,818
Renters$30,815$2,568$719$925
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Pensacola, 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 Pensacola, FL homeowners, is $60,578. This would allow for a maximum of $1,413 per month to be spent on housing costs. For renters, the median monthly income is $30,815 which would result in a maximum of $719 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%
When assessing the complete cost of living in Pensacola, 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

ItemPensacolaNational 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

ItemPensacolaNational 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

ItemPensacolaNational 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

ItemPensacolaNational avg.Difference
Home Price $144,100.00$175,700.0018.0%
Avg. Mortgage Payment $832.83$1,081.0323.0%
Apartment Rent $847.00$920.007.9%

Transportation

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

Utilities

ItemPensacolaNational 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.
Dickerson City, FL7998-2%
Mulat, FL26398-2%
Goulding, FL4,53983-17%
West Pensacola, FL19,57184-16%
Warrington, FL13,42887-13%
Pensacola, FL52,50594-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Levittown, NY52,48514646%
Cathedral City, CA52,5501099%
Yucaipa, CA52,40611414%
Euless, TX52,649100-0%
Florissant, MO52,35390-10%
Pensacola, FL52,50594-6%
Source: The Pensacola, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.