Sebring 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.
IndexSebringFloridaNational
Cost of living index91101100
IndexSebringFloridaNational
Goods & Services index102101100
Groceries index113105100
Health care index9697100
Housing index5699100
Transportation index99105100
Utilities index124102100
The above illustration supplies generalized information for the Sebring, FL cost of living index. Compared to other cities in Florida and cities across the country, the cost of living index in Sebring, FL is 91, which is 10% lower than the Florida average and 9% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Sebring, FL are 1% higher than the average for Florida and 2% higher than the rest of the country.

Did you know?

  • The cost of living in Sebring is 10% lower than the Florida average.
  • The cost of living in Sebring is 9% lower than the national average.
  • The cost of housing in Sebring is 44% 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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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 salary in Sebring, FL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Sebring, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Sebring, FL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$36,063$3,005$841$1,082
Renters$21,605$1,800$504$648
The affordability of the housing market in Sebring, 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 Sebring, FL homeowners, the median income is $36,063. This indicates that a monthly maximum of $841 should be spent by homeowners on all housing related costs. Renters have a median income of $21,605. This indicates that renters should have a maximum of $504 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 Sebring, 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

ItemSebringNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.67$34.6823.0%
Toothpaste $3.00$2.4721.3%
Shampoo $1.05$1.022.7%
Movie $9.13$9.877.5%
Bowling $4.75$4.398.2%

Groceries

ItemSebringNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.64$1.4612.0%
Milk $2.83$2.3620.1%
Potatoes $3.94$3.0628.7%
Pizza $8.99$9.242.7%
Beer $8.99$8.634.1%

Health Care

ItemSebringNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $77.53$105.0326.2%
Dentist $95.00$88.707.1%
Ibuprofen $11.24$9.4119.4%
Lipitor $280.37$298.506.1%

Housing

ItemSebringNational avg.Difference
Home Price $89,900.00$181,400.0050.4%
Avg. Mortgage Payment $973.83$1,081.039.9%
Apartment Rent $637.00$889.0028.3%

Transportation

ItemSebringNational avg.Difference
Gasoline $2.15$2.092.9%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemSebringNational avg.Difference
All Electricity$209.21$170.8022.5%
Phone $35.75$28.2626.5%
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, StatePopulationCost of Living IndexNational Avg.
Lemon Grove, FL32883-17%
Avon Park, FL8,86285-15%
Lake Placid, FL2,4051011%
Sebring, FL10,46291-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Branson, MO10,46395-5%
Ocean Pines, MD10,46412323%
Nanticoke, PA10,45988-12%
Malvern, AR10,46883-17%
Spearfish, SD10,47092-8%
Sebring, FL10,46291-9%
Source: The Sebring, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.