Surfside 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.
IndexSurfsideFloridaNational
Cost of living index14599100
IndexSurfsideFloridaNational
Goods & Services index10599100
Groceries index103102100
Health care index10197100
Housing index24295100
Transportation index108100100
Utilities index99103100
Displayed above is a general overview of the Surfside, FL cost of living index. The overall cost of living index in Surfside, FL is 145, which is 47% higher than the Florida average and 45% higher 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 Surfside, FL are 5% higher than the Florida average and 5% higher than the national average.

Did you know?

  • The cost of living in Surfside is 47% higher than the Florida average.
  • The cost of living in Surfside is 45% higher than the national average.
  • The cost of housing in Surfside is 142% 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 Surfside, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Surfside, 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 Surfside, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Surfside, 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$84,034$7,003$1,961$2,521
Renters$65,472$5,456$1,528$1,964
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Surfside, FL, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Surfside, FL has a median income of about $84,034 for people who own homes. Based on that number, a person should spend a maximum of $1,961 on expenses related to housing. Renters have a slightly different median income, which is $65,472. Based on this average, renters should spend no more than $1,528 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When considering the overall cost of living expenses in Surfside, FL, it's important to take into account the sales tax for Florida, as well as the rate for income tax in Florida. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Florida is 7.5%, and the sales tax in the state of Florida is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Florida starts from 0% and goes up to 0%.

Goods & Services

ItemSurfsideNational avg.Difference
Haircut $15.47$15.560.6%
Beauty Salon $61.93$36.1171.5%
Toothpaste $2.40$2.472.8%
Shampoo $0.98$0.961.2%
Movie $12.52$10.1323.7%
Bowling $6.65$4.7440.4%

Groceries

ItemSurfsideNational avg.Difference
Ground Beef $4.56$3.9814.5%
Fried Chicken $1.56$1.4111.1%
Milk $2.49$2.0620.7%
Potatoes $3.46$2.9816.1%
Pizza $8.99$9.475.1%
Beer $9.34$8.796.2%

Health Care

ItemSurfsideNational avg.Difference
Optometrist $96.00$101.045.0%
Doctor $95.56$107.4411.1%
Dentist $97.13$90.427.4%
Ibuprofen $11.13$9.2819.9%
Lipitor $415.12$426.502.7%

Housing

ItemSurfsideNational avg.Difference
Home Price $457,700.00$175,700.00160.5%
Avg. Mortgage Payment $1,272.27$1,133.2312.3%
Apartment Rent $1,820.00$920.0097.8%

Transportation

ItemSurfsideNational avg.Difference
Gasoline $2.05$1.992.7%
Tire Balancing $55.40$45.7621.1%

Utilities

ItemSurfsideNational avg.Difference
All Electricity$152.73$163.816.8%
Phone $30.33$28.396.9%
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.
Fisher Island, FL2401044%
Medley, FL94088-12%
Pembroke Park, FL6,22089-11%
Brownsville, FL14,83592-8%
Opa-locka, FL15,86792-8%
Surfside, FL5,92714545%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Punxsutawney, PA5,92781-19%
Gunnison, CO5,9271033%
Lucas, TX5,92813535%
Glendale, MO5,92612626%
Stone Mountain, GA5,92490-10%
Surfside, FL5,92714545%
Source: The Surfside, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.