Cost Of Living in Canal Point, FL

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A+

5%

Overall NAT. AVG.

0%

Groceries NAT. AVG.

25%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Canal Point	Florida	National
Cost of living	95	102	100
Groceries	100	102	100
Health care	105	104	100
Housing	75	97	100
Transportation	104	103	100
Utilities	109	110	100
Lifestyle & Entertainment	100	104	100
Household Items	102	102	100
Education & Childcare	106	106	100

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Homes For Sale In Canal Point, FL

13348 US Highway 441

Canal Point, FL

12537 Lakeshore Dr

Canal Point, FL

Cost Of Living Quick Facts

The cost of living in Canal Point is 7% lower than the Florida average
The cost of living in Canal Point is 5% lower than the national average
Canal Point housing is 25% 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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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$192,223	$16,019	$4,485	$5,767
Renters	$0	$0	$0	$0

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Lake Harbor, FL	61	105	4.7%
Indiantown, FL	7,406	90	9.8%
Pahokee, FL	6,413	92	8.5%
Belle Glade, FL	20,401	93	7.3%
South Bay, FL	6,857	93	7.0%
Canal Point, FL	491	95	5.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Fort Yukon, AK	491	102	1.5%
Pleasant Groves, AL	491	86	14.0%
McNeil, AR	491	80	19.6%
Peters, CA	491	154	54.1%
Altona, CO	491	236	135.6%
Canal Point, FL	491	95	5.1%