Pine Ridge 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.
IndexPine RidgeFloridaNational
Cost of living index10799100
IndexPine RidgeFloridaNational
Goods & Services index9899100
Groceries index103102100
Health care index10297100
Housing index11895100
Transportation index103100100
Utilities index111103100
A general overview of the cost of living index for Pine Ridge, FL is displayed above. In Pine Ridge, FL, the overall cost of living index is 107, which is 8% higher than the Florida average and 7% higher 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 Pine Ridge, FL, the city's goods and services are 2% lower than the Florida average and 2% lower than the U.S. average.

Did you know?

  • The cost of living in Pine Ridge is 8% higher than the Florida average.
  • The cost of living in Pine Ridge is 7% higher than the national average.
  • The cost of housing in Pine Ridge is 18% higher 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 Pine Ridge, 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 allows you to compare how much your current salary in Pine Ridge, 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 Pine Ridge, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Pine Ridge, 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$53,287$4,441$1,243$1,599
Renters$30,531$2,544$712$916
The affordability of the housing market in Pine Ridge, FL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Pine Ridge, FL homeowners, the median income is $53,287. This indicates that a monthly maximum of $1,243 should be spent by homeowners on all housing related costs. Renters have a median income of $30,531. This indicates that renters should have a maximum of $712 used for their rent related monthly costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When you are determining the total cost of living in Pine Ridge, FL you will want to make sure you consider both the Florida sales tax and the Florida income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Florida is 6%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Florida have a range from 0% to 0%.

Goods & Services

ItemPine RidgeNational avg.Difference
Haircut $14.72$15.565.4%
Beauty Salon $29.44$36.1118.5%
Toothpaste $2.96$2.4719.9%
Shampoo $0.91$0.965.7%
Movie $11.33$10.1311.8%
Bowling $4.87$4.742.8%

Groceries

ItemPine RidgeNational avg.Difference
Ground Beef $4.21$3.985.6%
Fried Chicken $1.55$1.419.9%
Milk $2.33$2.0613.1%
Potatoes $3.13$2.985.1%
Pizza $8.97$9.475.3%
Beer $9.30$8.795.8%

Health Care

ItemPine RidgeNational avg.Difference
Optometrist $72.83$101.0427.9%
Doctor $99.88$107.447.0%
Dentist $97.67$90.428.0%
Ibuprofen $10.76$9.2815.9%
Lipitor $437.48$426.502.6%

Housing

ItemPine RidgeNational avg.Difference
Home Price $210,100.00$175,700.0019.6%
Avg. Mortgage Payment $1,015.81$1,133.2310.4%
Apartment Rent $1,060.00$920.0015.2%

Transportation

ItemPine RidgeNational avg.Difference
Gasoline $2.05$1.992.7%
Tire Balancing $46.66$45.762.0%

Utilities

ItemPine RidgeNational avg.Difference
All Electricity$169.18$163.813.3%
Phone $34.66$28.3922.1%
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.
Dunnellon, FL1,68684-16%
Homosassa Springs, FL13,40383-17%
Inglis, FL1,30687-13%
Beverly Hills, FL8,51888-12%
Floral City, FL4,88385-15%
Pine Ridge, FL9,5691077%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Steger, IL9,56990-10%
Winslow, AZ9,57090-10%
Dunn, NC9,57090-10%
Lake Mohawk, NJ9,56812727%
Arizona City, AZ9,57387-13%
Pine Ridge, FL9,5691077%
Source: The Pine Ridge, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.