Thonotosassa 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.
IndexThonotosassaFloridaNational
Cost of living index9199100
IndexThonotosassaFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index7795100
Transportation index100100100
Utilities index114103100
Here we can see a simple outline of the cost of living in Thonotosassa, FL. As you can see, with the average cost of living in Thonotosassa, FL being 91, that puts it 7% lower than the average of Florida and 9% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Thonotosassa, FL, the price of goods and services are 7% lower than the average of Florida as well as 8% lower than the nation's average.

Did you know?

  • The cost of living in Thonotosassa is 7% lower than the Florida average.
  • The cost of living in Thonotosassa is 9% lower than the national average.
  • The cost of housing in Thonotosassa is 23% 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 Thonotosassa, FL Cost of living To Other Cities

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
Using the salary calculator lets you compare the salary you earn in Thonotosassa, FL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Thonotosassa, FL, you have to earn a higher income in order to still have the same standard of living. To operate the Thonotosassa, FL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$48,595$4,050$1,134$1,458
Renters$24,854$2,071$580$746
The affordability of the housing market in Thonotosassa, 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 Thonotosassa, FL homeowners, the median income is $48,595. This indicates that a monthly maximum of $1,134 should be spent by homeowners on all housing related costs. Renters have a median income of $24,854. This indicates that renters should have a maximum of $580 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 assessing the complete cost of living in Thonotosassa, 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

ItemThonotosassaNational avg.Difference
Haircut $13.63$15.5612.4%
Beauty Salon $34.41$36.114.7%
Toothpaste $2.30$2.477.1%
Shampoo $0.89$0.967.8%
Movie $10.04$10.130.9%
Bowling $5.29$4.7411.6%

Groceries

ItemThonotosassaNational avg.Difference
Ground Beef $4.13$3.983.6%
Fried Chicken $1.38$1.411.9%
Milk $2.39$2.0616.0%
Potatoes $3.27$2.989.7%
Pizza $8.61$9.479.1%
Beer $9.36$8.796.4%

Health Care

ItemThonotosassaNational avg.Difference
Optometrist $99.69$101.041.3%
Doctor $94.39$107.4412.1%
Dentist $87.08$90.423.7%
Ibuprofen $9.49$9.282.2%
Lipitor $425.69$426.500.2%

Housing

ItemThonotosassaNational avg.Difference
Home Price $126,300.00$175,700.0028.1%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $814.00$920.0011.5%

Transportation

ItemThonotosassaNational avg.Difference
Gasoline $1.96$1.991.4%
Tire Balancing $46.52$45.761.7%

Utilities

ItemThonotosassaNational avg.Difference
All Electricity$155.82$163.814.9%
Phone $39.95$28.3940.7%
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.
Zephyrhills South, FL6,05981-19%
Zephyrhills West, FL5,37883-17%
Zephyrhills North, FL2,17385-15%
University, FL41,73286-14%
Crystal Springs, FL92386-14%
Thonotosassa, FL13,46191-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Livingston, CA13,4611066%
Teays Valley, WV13,461100-0%
Fruitville, FL13,4621088%
Roselle Park, NJ13,46512222%
Englewood, OH13,46895-5%
Thonotosassa, FL13,46191-9%
Source: The Thonotosassa, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.