World Golf Village 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.
IndexWorld Golf VillageFloridaNational
Cost of living index114100100
IndexWorld Golf VillageFloridaNational
Goods & Services index104101100
Groceries index102105100
Health care index9097100
Housing index13995100
Transportation index104105100
Utilities index106102100
The above illustration supplies generalized information for the World Golf Village, FL cost of living index. Compared to other cities in Florida and cities across the country, the cost of living index in World Golf Village, FL is 114, which is 14% higher than the Florida average and 14% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in World Golf Village, FL are 3% higher than the average for Florida and 4% higher than the rest of the country.

Did you know?

  • The cost of living in World Golf Village is 14% higher than the Florida average.
  • The cost of living in World Golf Village is 14% higher than the national average.
  • The cost of housing in World Golf Village is 39% 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 World Golf Village, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in World Golf Village, 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 World Golf Village, FL, then you would need to earn more income in order to maintain the same standard of living. To use the World Golf Village, 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$85,219$7,102$1,988$2,557
Renters$60,227$5,019$1,405$1,807
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 World Golf Village, 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. World Golf Village, FL has a median income of about $85,219 for people who own homes. Based on that number, a person should spend a maximum of $1,988 on expenses related to housing. Renters have a slightly different median income, which is $60,227. Based on this average, renters should spend no more than $1,405 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 you are determining the total cost of living in World Golf Village, FL you will want to make sure you consider both the Florida sales tax and the Florida income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Florida is 6%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Florida have a range from 0% to 0%.

Goods & Services

ItemWorld Golf VillageNational avg.Difference
Haircut $13.80$14.595.4%
Beauty Salon $55.40$34.6859.7%
Toothpaste $2.94$2.4718.9%
Shampoo $0.95$1.027.0%
Movie $10.86$9.8710.1%
Bowling $4.89$4.3911.3%

Groceries

ItemWorld Golf VillageNational avg.Difference
Ground Beef $4.60$4.482.8%
Fried Chicken $1.58$1.467.9%
Milk $2.66$2.3612.9%
Potatoes $3.99$3.0630.3%
Pizza $8.49$9.248.1%
Beer $8.81$8.632.1%

Health Care

ItemWorld Golf VillageNational avg.Difference
Optometrist $80.80$99.7819.0%
Doctor $73.00$105.0330.5%
Dentist $88.60$88.700.1%
Ibuprofen $9.15$9.412.8%
Lipitor $289.99$298.502.9%

Housing

ItemWorld Golf VillageNational avg.Difference
Home Price $228,700.00$175,700.0030.2%
Avg. Mortgage Payment $878.25$1,081.0318.8%
Apartment Rent $1,477.00$920.0060.5%

Transportation

ItemWorld Golf VillageNational avg.Difference
Gasoline $2.13$2.091.6%
Tire Balancing $50.33$45.2911.1%

Utilities

ItemWorld Golf VillageNational avg.Difference
All Electricity$169.75$170.800.6%
Phone $32.76$28.2615.9%
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.
Bellair-Meadowbrook Terrace, FL13,57895-5%
Green Cove Springs, FL6,98497-3%
Orange Park, FL8,47299-1%
St. Augustine Shores, FL7,82499-1%
St. Augustine South, FL5,1401011%
World Golf Village, FL13,32611414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Ulm, MN13,32890-10%
Carpinteria, CA13,32315656%
Canton, MS13,32183-17%
Kettering, MD13,33112020%
Grover Beach, CA13,33713232%
World Golf Village, FL13,32611414%
Source: The World Golf Village, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.