Wekiwa Springs 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.
IndexWekiwa SpringsFloridaNational
Cost of living index110100100
IndexWekiwa SpringsFloridaNational
Goods & Services index98101100
Groceries index107105100
Health care index9697100
Housing index13495100
Transportation index103105100
Utilities index91102100
Displayed above is a general overview of the Wekiwa Springs, FL cost of living index. The overall cost of living index in Wekiwa Springs, FL is 110, which is 10% higher than the Florida average and 10% 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 Wekiwa Springs, FL are 3% lower than the Florida average and 2% lower than the national average.

Did you know?

  • The cost of living in Wekiwa Springs is 10% higher than the Florida average.
  • The cost of living in Wekiwa Springs is 10% higher than the national average.
  • The cost of housing in Wekiwa Springs is 34% 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 Wekiwa Springs, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Wekiwa Springs, FL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Wekiwa Springs, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Wekiwa Springs, FL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$85,100$7,092$1,986$2,553
Renters$59,643$4,970$1,392$1,789
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Wekiwa Springs, FL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Wekiwa Springs, FL homeowners have a median income of $85,100. Using that number, you will come up with a maximum of $1,986 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $59,643, which means there is a maximum of $1,392 to be spent on the costs of renting a home or apartment.

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 Wekiwa Springs, 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

ItemWekiwa SpringsNational avg.Difference
Haircut $13.83$14.595.2%
Beauty Salon $41.14$34.6818.6%
Toothpaste $3.11$2.4725.7%
Shampoo $0.94$1.028.0%
Movie $10.40$9.875.4%
Bowling $4.78$4.398.8%

Groceries

ItemWekiwa SpringsNational avg.Difference
Ground Beef $4.76$4.486.3%
Fried Chicken $1.49$1.461.8%
Milk $2.76$2.3617.1%
Potatoes $3.61$3.0617.9%
Pizza $10.11$9.249.4%
Beer $8.51$8.631.4%

Health Care

ItemWekiwa SpringsNational avg.Difference
Optometrist $65.50$99.7834.4%
Doctor $88.80$105.0315.5%
Dentist $88.80$88.700.1%
Ibuprofen $9.98$9.416.0%
Lipitor $314.74$298.505.4%

Housing

ItemWekiwa SpringsNational avg.Difference
Home Price $226,900.00$175,700.0029.1%
Avg. Mortgage Payment $1,021.34$1,081.035.5%
Apartment Rent $1,337.00$920.0045.3%

Transportation

ItemWekiwa SpringsNational avg.Difference
Gasoline $2.14$2.092.5%
Tire Balancing $47.37$45.294.6%

Utilities

ItemWekiwa SpringsNational avg.Difference
All Electricity$178.86$170.804.7%
Phone $20.01$28.2629.2%
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.
Paradise Heights, FL55085-15%
Clarcona, FL2,92686-14%
Eatonville, FL2,25886-14%
Zellwood, FL2,96988-12%
Orlovista, FL5,91789-11%
Wekiwa Springs, FL23,81311010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Valinda, CA23,81812929%
Selma, CA23,8081011%
Tarpon Springs, FL23,78996-4%
Canton, GA23,84199-1%
Carteret, NJ23,77011919%
Wekiwa Springs, FL23,81311010%
Source: The Wekiwa Springs, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.