Belleview, FL Cost Of Living

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Belleview 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.
Index	Belleview	Florida	National
Cost of living index	88	99	100
Index	Belleview	Florida	National
Goods & Services index	95	99	100
Groceries index	104	105	100
Health care index	99	100	100
Housing index	57	96	100
Transportation index	104	98	100
Utilities index	119	102	100

A general summary of the cost of living index in Belleview, FL is shown above. Compared to the state average of Florida the cost of living index in Belleview, FL is 88, which is 11% lower than the average in Florida and compared to the national average it is 12% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Belleview, FL goods and services come in at 4% lower than the average in Florida and are 5% lower than compared to the nationwide average.

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Did you know?

The cost of living in Belleview is 11% lower than the Florida average.
The cost of living in Belleview is 12% lower than the national average.
The cost of housing in Belleview is 43% 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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Salary Calculator

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator is meant to help you compare your salary in Belleview, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Belleview, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Belleview, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$42,421	$3,535	$990	$1,273
Renters	$21,120	$1,760	$493	$634

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 Belleview, 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. Belleview, FL has a median income of about $42,421 for people who own homes. Based on that number, a person should spend a maximum of $990 on expenses related to housing. Renters have a slightly different median income, which is $21,120. Based on this average, renters should spend no more than $493 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

State	General Sales Tax	With Max Surtax
Florida	6%	7.5%

Florida Income Tax

State	Income Tax (Low)	Income Tax (High)
Florida	0%	0%

One thing to keep in mind when considering the cost of living in Belleview, 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

Item	Belleview	National avg.	Difference
Haircut	$14.98	$17.49	14.3%
Beauty Salon	$38.00	$38.17	0.5%
Toothpaste	$3.55	$2.32	52.9%
Shampoo	$0.99	$1.01	2.5%
Movie	$11.30	$10.72	5.4%
Bowling	$4.85	$13.86	65.0%

Groceries

Item	Belleview	National avg.	Difference
Ground Beef	$4.17	$3.90	6.8%
Fried Chicken	$1.14	$1.40	18.2%
Milk	$2.42	$1.96	23.3%
Potatoes	$3.89	$3.18	22.1%
Pizza	$8.00	$10.39	23.0%
Beer	$8.41	$9.23	8.9%

Health Care

Item	Belleview	National avg.	Difference
Optometrist	$67.62	$106.34	36.4%
Doctor	$110.39	$115.25	4.2%
Dentist	$94.68	$98.38	3.8%
Ibuprofen	$9.19	$9.26	0.8%
Lipitor	$410.13	$466.47	12.1%

Housing

Item	Belleview	National avg.	Difference
Home Price	$89,900.00	$184,700.00	51.3%
Avg. Mortgage Payment	$1,151.91	$1,273.32	9.5%
Apartment Rent	$734.00	$949.00	22.7%

Transportation

Item	Belleview	National avg.	Difference
Gasoline	$2.32	$2.59	10.6%
Tire Balancing	$48.29	$48.90	1.2%

Utilities

Item	Belleview	National avg.	Difference
All Electricity	$170.08	$167.60	1.5%
Phone	$39.80	$163.42	75.6%

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, State	Population	Cost of Living Index	National Avg.
Silver Springs Shores, FL	7,929	88	-12%
Fruitland Park, FL	4,686	86	-14%
Ocala, FL	57,873	92	-8%
Lady Lake, FL	14,501	89	-11%
Wildwood, FL	6,776	97	-3%
Belleview, FL	4,689	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Rio Communities, NM	4,688	92	-8%
West Milton, OH	4,690	89	-11%
Hunters Creek Village, TX	4,688	234	134%
Mount Repose, OH	4,691	94	-6%
Headland, AL	4,691	90	-10%
Belleview, FL	4,689	88	-12%

Source: The Belleview, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Belleview, FL Cost of Living