Springfield 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.
Cost of living index8499100
Goods & Services index9099100
Groceries index98102100
Health care index8497100
Housing index6795100
Transportation index90100100
Utilities index89103100
Displayed above is a general overview of the Springfield, FL cost of living index. The overall cost of living index in Springfield, FL is 84, which is 15% lower than the Florida average and 16% 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 Springfield, FL are 10% lower than the Florida average and 10% lower than the national average.

Did you know?

  • The cost of living in Springfield is 15% lower than the Florida average.
  • The cost of living in Springfield is 16% lower than the national average.
  • The cost of housing in Springfield is 33% 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

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Springfield, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Springfield, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Springfield, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Springfield, 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 Springfield, FL have a median income of $42,061. Therefore, the amount that a consumer should spend on housing costs should be no more than $981 per month to avoid calamity and poverty. The renters in the city have an income of about $24,595, which would make their monthly maximum allowable rental costs $574.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Springfield, FL, the Florida income tax and the Florida sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Florida maximum surtax is 7.5%, and the Florida sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Florida.

Goods & Services

ItemSpringfieldNational avg.Difference
Haircut $12.37$15.5620.5%
Beauty Salon $19.65$36.1145.6%
Toothpaste $2.30$2.476.9%
Shampoo $0.86$0.9610.9%
Movie $10.29$10.131.6%
Bowling $3.53$4.7425.4%


ItemSpringfieldNational avg.Difference
Ground Beef $4.06$3.981.9%
Fried Chicken $1.26$1.4110.4%
Milk $2.21$2.067.1%
Potatoes $3.01$2.981.0%
Pizza $10.13$9.476.9%
Beer $8.33$8.795.3%

Health Care

ItemSpringfieldNational avg.Difference
Optometrist $73.58$101.0427.2%
Doctor $78.82$107.4426.6%
Dentist $68.54$90.4224.2%
Ibuprofen $10.14$9.289.3%
Lipitor $447.61$426.505.0%


ItemSpringfieldNational avg.Difference
Home Price $101,300.00$175,700.0042.3%
Avg. Mortgage Payment $904.45$1,133.2320.2%
Apartment Rent $823.00$920.0010.5%


ItemSpringfieldNational avg.Difference
Gasoline $1.82$1.998.7%
Tire Balancing $40.06$45.7612.5%


ItemSpringfieldNational avg.Difference
All Electricity$145.80$163.8111.0%
Phone $25.60$28.399.8%
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.
Cedar Grove, FL3,25782-18%
Parker, FL4,41985-15%
Panama City, FL36,40588-12%
Callaway, FL14,61789-11%
Lower Grand Lagoon, FL4,18193-7%
Springfield, FL9,09584-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sugar Grove, IL9,09611313%
Fairview, OR9,09411010%
Sturgeon Bay, WI9,09390-10%
Holualoa, HI9,09816666%
Craig, CO9,0921011%
Springfield, FL9,09584-16%
Source: The Springfield, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.