Rockledge, FL Cost Of Living

Rockledge 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.
Index	Rockledge	Florida	National
Cost of living index	96	99	100
Index	Rockledge	Florida	National
Goods & Services index	95	99	100
Groceries index	102	105	100
Health care index	88	98	100
Housing index	91	96	100
Transportation index	94	100	100
Utilities index	111	103	100

Displayed above is a general overview of the Rockledge, FL cost of living index. The overall cost of living index in Rockledge, FL is 96, which is 3% lower than the Florida average and 4% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Rockledge, FL are 4% lower than the Florida average and 5% lower than the national average.

Did you know?

The cost of living in Rockledge is 3% lower than the Florida average.
The cost of living in Rockledge is 4% lower than the national average.
The cost of housing in Rockledge is 9% 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Rockledge, 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 Rockledge, FL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Rockledge, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,511	$5,209	$1,458	$1,876
Renters	$44,544	$3,712	$1,039	$1,336

One can approximate the cost of living and the housing affordability in Rockledge, FL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Rockledge, FL have a median income of $62,511. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,458 per month to avoid calamity and poverty. The renters in the city have an income of about $44,544, which would make their monthly maximum allowable rental costs $1,039.

Florida Sales Tax

State	General Sales Tax	With Max Surtax
Florida	6%	7.5%

Florida Income Tax

State	Income Tax (Low)	Income Tax (High)
Florida	0%	0%

One thing to keep in mind when considering the cost of living in Rockledge, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

Item	Rockledge	National avg.	Difference
Haircut	$14.78	$16.09	8.1%
Beauty Salon	$41.60	$37.33	11.4%
Toothpaste	$2.49	$2.45	1.8%
Shampoo	$0.93	$1.00	7.0%
Movie	$10.59	$10.28	3.0%
Bowling	$5.28	$4.93	7.0%

Groceries

Item	Rockledge	National avg.	Difference
Ground Beef	$4.03	$3.80	5.9%
Fried Chicken	$1.23	$1.40	12.1%
Milk	$2.43	$2.01	21.2%
Potatoes	$3.74	$3.01	24.1%
Pizza	$8.59	$9.89	13.1%
Beer	$10.34	$8.90	16.2%

Health Care

Item	Rockledge	National avg.	Difference
Optometrist	$79.06	$102.16	22.6%
Doctor	$79.27	$108.36	26.8%
Dentist	$79.99	$92.53	13.6%
Ibuprofen	$10.31	$9.28	11.1%
Lipitor	$449.88	$425.82	5.6%

Housing

Item	Rockledge	National avg.	Difference
Home Price	$150,100.00	$184,700.00	18.7%
Avg. Mortgage Payment	$1,009.92	$1,202.44	16.0%
Apartment Rent	$1,087.00	$949.00	14.5%

Transportation

Item	Rockledge	National avg.	Difference
Gasoline	$2.12	$2.24	5.4%
Tire Balancing	$43.13	$46.29	6.8%

Utilities

Item	Rockledge	National avg.	Difference
All Electricity	$181.04	$165.96	9.1%
Phone	$32.85	$28.68	14.5%

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, State	Population	Cost of Living Index	National Avg.
Sharpes, FL	2,928	82	-18%
Cocoa West, FL	5,115	84	-16%
Cocoa, FL	17,558	86	-14%
Port St. John, FL	11,223	90	-10%
Cape Canaveral, FL	10,116	97	-3%
Rockledge, FL	26,144	96	-4%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Clinton, IA	26,148	88	-12%
University Park, FL	26,150	112	12%
East Lake-Orient Park, FL	26,160	90	-10%
Shoreview, MN	26,161	111	11%
Smithtown, NY	26,162	148	48%
Rockledge, FL	26,144	96	-4%

Source: The Rockledge, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Rockledge, FL Cost of Living