Wauchula 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.
IndexWauchulaFloridaNational
Cost of living index88100100
IndexWauchulaFloridaNational
Goods & Services index104101100
Groceries index103105100
Health care index10897100
Housing index5095100
Transportation index103105100
Utilities index103102100
Displayed above is a general overview of the Wauchula, FL cost of living index. The overall cost of living index in Wauchula, FL is 88, which is 12% lower than the Florida average and 12% 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 Wauchula, FL are 4% higher than the Florida average and 4% higher than the national average.

Did you know?

  • The cost of living in Wauchula is 12% lower than the Florida average.
  • The cost of living in Wauchula is 12% lower than the national average.
  • The cost of housing in Wauchula is 50% 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 Wauchula, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Wauchula, 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 Wauchula, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Wauchula, 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$50,406$4,201$1,176$1,512
Renters$15,479$1,290$361$464
The affordability of the housing market in Wauchula, 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 Wauchula, FL homeowners, the median income is $50,406. This indicates that a monthly maximum of $1,176 should be spent by homeowners on all housing related costs. Renters have a median income of $15,479. This indicates that renters should have a maximum of $361 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%
One thing to keep in mind when considering the cost of living in Wauchula, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemWauchulaNational 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

ItemWauchulaNational 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

ItemWauchulaNational 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

ItemWauchulaNational avg.Difference
Home Price $74,800.00$175,700.0057.4%
Avg. Mortgage Payment $1,157.56$1,081.037.1%
Apartment Rent $634.00$920.0031.1%

Transportation

ItemWauchulaNational avg.Difference
Gasoline $2.19$2.094.6%
Tire Balancing $44.50$45.291.7%

Utilities

ItemWauchulaNational 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.
Ona, FL1081044%
Fort Green Springs, FL29270-30%
Limestone, FL32479-21%
Lemon Grove, FL70285-15%
Gardner, FL32186-14%
Wauchula, FL4,93088-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Whiting, IN4,93095-5%
Demarest, NJ4,92919191%
Scarborough, ME4,93112121%
Singac, NJ4,92812424%
McGuire AFB, NJ4,93214242%
Wauchula, FL4,93088-12%
Source: The Wauchula, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.