Port Orange 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.
IndexPort OrangeFloridaNational
Cost of living index99100100
IndexPort OrangeFloridaNational
Goods & Services index103101100
Groceries index105105100
Health care index9597100
Housing index8795100
Transportation index102105100
Utilities index105102100
A general summary of the cost of living index in Port Orange, FL is shown above. Compared to the state average of Florida the cost of living index in Port Orange, FL is 99, which is 1% lower than the average in Florida and compared to the national average it is 1% 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 Port Orange, FL goods and services come in at 3% higher than the average in Florida and are 3% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Port Orange is 1% lower than the Florida average.
  • The cost of living in Port Orange is 1% lower than the national average.
  • The cost of housing in Port Orange is 13% 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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Salary Calculator

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The salary calculator allows you to compare how much your current salary in Port Orange, 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 Port Orange, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Port Orange, 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$48,217$4,018$1,125$1,447
Renters$36,634$3,053$855$1,099
If you want to find a good determining factor for the cost of living and the general affordability of housing in Port Orange, FL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Port Orange, FL, the median monthly income is $48,217 for those who own their own homes. Under the standard rule, that income level would allow for $1,125 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $36,634, per the median income in the area. That would allow for renters to spend up to $855 on monthly rental expenses.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
For those who live in Port Orange, FL and want to know what the true cost of living is, they ought to look at both the Florida income tax rate and the Florida sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Florida, the sales tax is 6%, while the most you'll pay in surtax is 7.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Florida, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemPort OrangeNational avg.Difference
Haircut $10.60$14.5927.4%
Beauty Salon $36.40$34.685.0%
Toothpaste $2.84$2.4714.8%
Shampoo $1.01$1.021.2%
Movie $10.19$9.873.3%
Bowling $4.15$4.395.5%

Groceries

ItemPort OrangeNational avg.Difference
Ground Beef $5.37$4.4820.0%
Fried Chicken $1.44$1.461.6%
Milk $2.65$2.3612.4%
Potatoes $3.60$3.0617.6%
Pizza $8.99$9.242.7%
Beer $8.90$8.633.1%

Health Care

ItemPort OrangeNational avg.Difference
Optometrist $68.40$99.7831.4%
Doctor $112.00$105.036.6%
Dentist $76.33$88.7013.9%
Ibuprofen $9.11$9.413.2%
Lipitor $305.59$298.502.4%

Housing

ItemPort OrangeNational avg.Difference
Home Price $138,400.00$175,700.0021.2%
Avg. Mortgage Payment $820.03$1,081.0324.1%
Apartment Rent $991.00$920.007.7%

Transportation

ItemPort OrangeNational avg.Difference
Gasoline $2.20$2.095.3%
Tire Balancing $42.65$45.295.8%

Utilities

ItemPort OrangeNational avg.Difference
All Electricity$154.99$170.809.3%
Phone $35.01$28.2623.9%
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.
Holly Hill, FL11,68089-11%
Lake Helen, FL2,63291-9%
Daytona Beach, FL61,91393-7%
South Daytona, FL12,26593-7%
Edgewater, FL20,87996-4%
Port Orange, FL57,21899-1%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arcadia, CA57,25118989%
Towson, MD57,14612020%
Tamiami, FL57,12311313%
Tinley Park, IL57,0991077%
Rocky Mount, NC57,07190-10%
Port Orange, FL57,21899-1%
Source: The Port Orange, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.