West Lealman 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.
IndexWest LealmanFloridaNational
Cost of living index8699100
IndexWest LealmanFloridaNational
Goods & Services index9299100
Groceries index98102100
Health care index9697100
Housing index5895100
Transportation index100100100
Utilities index114103100
Displayed above is a general overview of the West Lealman, FL cost of living index. The overall cost of living index in West Lealman, FL is 86, which is 13% lower than the Florida average and 14% 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 West Lealman, FL are 7% lower than the Florida average and 8% lower than the national average.

Did you know?

  • The cost of living in West Lealman is 13% lower than the Florida average.
  • The cost of living in West Lealman is 14% lower than the national average.
  • The cost of housing in West Lealman is 42% 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.

Find Real Estate Listings In West Lealman

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In West Lealman

Compare West Lealman, 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
Use the salary calculator to compare your current salary in West Lealman, 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 West Lealman, FL, then you would need to earn more income in order to maintain the same standard of living. To use the West Lealman, 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$35,397$2,950$826$1,062
Renters$26,431$2,203$617$793
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 West Lealman, 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. West Lealman, FL has a median income of about $35,397 for people who own homes. Based on that number, a person should spend a maximum of $826 on expenses related to housing. Renters have a slightly different median income, which is $26,431. Based on this average, renters should spend no more than $617 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%
One thing to keep in mind when considering the cost of living in West Lealman, 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

ItemWest LealmanNational 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

ItemWest LealmanNational 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

ItemWest LealmanNational 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

ItemWest LealmanNational avg.Difference
Home Price $75,500.00$175,700.0057.0%
Avg. Mortgage Payment $759.70$1,133.2333.0%
Apartment Rent $859.00$920.006.6%

Transportation

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

Utilities

ItemWest LealmanNational 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.
Lealman, FL20,74084-16%
South Highpoint, FL4,94288-12%
Largo, FL78,39188-12%
Kenneth City, FL4,98689-11%
Egypt Lake-Leto, FL36,73590-10%
West Lealman, FL15,25786-14%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Depew, NY15,26285-15%
Blytheville, AR15,25177-23%
Cherryland, CA15,24412929%
Batavia, NY15,27491-9%
Brunswick, ME15,2751088%
West Lealman, FL15,25786-14%
Source: The West Lealman, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.