San Carlos Park 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.
IndexSan Carlos ParkFloridaNational
Cost of living index95100100
IndexSan Carlos ParkFloridaNational
Goods & Services index104101100
Groceries index103105100
Health care index10897100
Housing index7595100
Transportation index103105100
Utilities index103102100
Displayed above is a general overview of the San Carlos Park, FL cost of living index. The overall cost of living index in San Carlos Park, FL is 95, which is 5% lower than the Florida average and 5% 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 San Carlos Park, FL are 4% higher than the Florida average and 4% higher than the national average.

Did you know?

  • The cost of living in San Carlos Park is 5% lower than the Florida average.
  • The cost of living in San Carlos Park is 5% lower than the national average.
  • The cost of housing in San Carlos Park is 25% 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 San Carlos Park, FL Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in San Carlos Park, FL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to San Carlos Park, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the San Carlos Park, FL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$54,592$4,549$1,274$1,638
Renters$36,849$3,071$860$1,106
The affordability of the housing market in San Carlos Park, 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 San Carlos Park, FL homeowners, the median income is $54,592. This indicates that a monthly maximum of $1,274 should be spent by homeowners on all housing related costs. Renters have a median income of $36,849. This indicates that renters should have a maximum of $860 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%
The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in San Carlos Park, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemSan Carlos ParkNational avg.Difference
Haircut $14.00$14.594.1%
Beauty Salon $38.25$34.6810.3%
Toothpaste $2.94$2.4718.9%
Shampoo $1.11$1.028.6%
Movie $9.54$9.873.3%
Bowling $4.50$4.392.5%

Groceries

ItemSan Carlos ParkNational avg.Difference
Ground Beef $4.89$4.489.2%
Fried Chicken $1.63$1.4611.3%
Milk $2.73$2.3615.8%
Potatoes $3.18$3.063.9%
Pizza $8.37$9.249.4%
Beer $9.75$8.6312.9%

Health Care

ItemSan Carlos ParkNational avg.Difference
Optometrist $119.33$99.7819.6%
Doctor $137.25$105.0330.7%
Dentist $79.20$88.7010.7%
Ibuprofen $10.09$9.417.2%
Lipitor $328.16$298.509.9%

Housing

ItemSan Carlos ParkNational avg.Difference
Home Price $111,700.00$175,700.0036.4%
Avg. Mortgage Payment $1,157.56$1,081.037.1%
Apartment Rent $935.00$920.001.6%

Transportation

ItemSan Carlos ParkNational avg.Difference
Gasoline $2.19$2.094.6%
Tire Balancing $44.50$45.291.7%

Utilities

ItemSan Carlos ParkNational avg.Difference
All Electricity$158.97$170.806.9%
Phone $32.85$28.2616.3%
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.
Palmona Park, FL1,26783-17%
Pine Manor, FL4,36386-14%
Tice, FL4,24586-14%
North Fort Myers, FL39,14388-12%
Lehigh Acres, FL106,74791-9%
San Carlos Park, FL17,64695-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Idylwood, VA17,64314545%
Rancho Mirage, CA17,63415252%
Westbrook, ME17,66211111%
Newburyport, MA17,66214444%
East Cleveland, OH17,61986-14%
San Carlos Park, FL17,64695-5%
Source: The San Carlos Park, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.