Samsula-Spruce Creek 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.
IndexSamsula-Spruce CreekFloridaNational
Cost of living index117100100
IndexSamsula-Spruce CreekFloridaNational
Goods & Services index103101100
Groceries index105105100
Health care index9597100
Housing index15095100
Transportation index102105100
Utilities index105102100
An overview of the general cost of living index for Samsula-Spruce Creek, FL is displayed above for your reference. Residents in Samsula-Spruce Creek, FL enjoy a cost of living index of 117. This index is 17% higher than the Florida average, and 17% higher 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 Samsula-Spruce Creek, FL, the average cost of goods and services is 3% higher than it is in Florida, and it is 3% higher than the national average.

Did you know?

  • The cost of living in Samsula-Spruce Creek is 17% higher than the Florida average.
  • The cost of living in Samsula-Spruce Creek is 17% higher than the national average.
  • The cost of housing in Samsula-Spruce Creek is 50% 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 Samsula-Spruce Creek, FL Cost of living To Other Cities

Salary Calculator

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The salary calculator allows you to compare how much your current salary in Samsula-Spruce Creek, 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 Samsula-Spruce Creek, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Samsula-Spruce Creek, 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$76,191$6,349$1,778$2,286
Renters$64,018$5,335$1,494$1,921
The affordability of the housing market in Samsula-Spruce Creek, 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 Samsula-Spruce Creek, FL homeowners, the median income is $76,191. This indicates that a monthly maximum of $1,778 should be spent by homeowners on all housing related costs. Renters have a median income of $64,018. This indicates that renters should have a maximum of $1,494 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%
For those who live in Samsula-Spruce Creek, 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

ItemSamsula-Spruce CreekNational 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

ItemSamsula-Spruce CreekNational 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

ItemSamsula-Spruce CreekNational 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

ItemSamsula-Spruce CreekNational avg.Difference
Home Price $282,500.00$175,700.0060.8%
Avg. Mortgage Payment $820.03$1,081.0324.1%
Apartment Rent $1,152.00$920.0025.2%

Transportation

ItemSamsula-Spruce CreekNational avg.Difference
Gasoline $2.20$2.095.3%
Tire Balancing $42.65$45.295.8%

Utilities

ItemSamsula-Spruce CreekNational 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%
Orange City, FL10,96890-10%
Lake Helen, FL2,63291-9%
DeLand Southwest, FL98892-8%
North DeLand, FL1,54093-7%
Samsula-Spruce Creek, FL5,69411717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Willow Springs, IL5,69212121%
Selinsgrove, PA5,69894-6%
Richlands, VA5,69888-12%
Granville, OH5,68911111%
Sky Lake, FL5,69990-10%
Samsula-Spruce Creek, FL5,69411717%
Source: The Samsula-Spruce Creek, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.