Cypress Quarters, Florida Cost Of Living

Buy Rent

B

Overall 11%

Goods & Services 4%

Housing 38%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Cypress Quarters	Florida	National
Cost of living	89	99	100
Goods & Services	96	98	100
Groceries	105	106	100
Health care	105	99	100
Housing	62	96	100
Transportation	98	99	100
Utilities	114	105	100

Key findings

The cost of living in Cypress Quarters is 10% lower than the Florida average
The cost of living in Cypress Quarters is 11% lower than the national average
Cypress Quarters housing is 38% 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$45,273	$3,773	$1,056	$1,358
Renters	$15,268	$1,272	$356	$458

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%

Goods & Services

Item	Cypress Quarters	National avg.	Difference
Haircut	$13.00	$20.27	35.9%
Beauty Salon	$50.11	$40.39	24.1%
Toothpaste	$2.35	$2.36	0.3%
Shampoo	$1.06	$1.08	1.5%
Movie	$8.87	$10.99	19.3%
Bowling	$14.28	$15.49	7.8%

Groceries

Item	Cypress Quarters	National avg.	Difference
Ground Beef	$4.57	$4.30	6.3%
Fried Chicken	$1.84	$1.40	31.5%
Milk	$2.64	$2.20	19.7%
Potatoes	$4.00	$3.22	24.1%
Pizza	$9.74	$10.74	9.3%
Beer	$10.15	$9.60	5.7%

Health Care

Item	Cypress Quarters	National avg.	Difference
Optometrist	$133.38	$109.73	21.6%
Doctor	$126.68	$118.34	7.0%
Dentist	$104.11	$100.94	3.1%
Ibuprofen	$10.41	$9.93	4.8%
Lipitor	$457.21	$469.53	2.6%

Housing

Item	Cypress Quarters	National avg.	Difference
Home Price	$95,000.00	$184,700.00	48.6%
Avg. Mortgage Payment	$1,036.94	$1,229.62	15.7%
Apartment Rent	$820.00	$949.00	13.6%

Transportation

Item	Cypress Quarters	National avg.	Difference
Gasoline	$2.66	$2.71	1.8%
Tire Balancing	$50.65	$51.86	2.3%

Utilities

Item	Cypress Quarters	National avg.	Difference
All Electricity	$209.43	$170.84	22.6%
Phone	$191.55	$187.18	2.3%

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	Population	Cost of Living Index	National Avg.
Buckhead Ridge, FL	1,729	86	14.3%
Taylor Creek, FL	3,764	86	13.7%
Okeechobee, FL	5,582	88	11.5%
Cypress Quarters, FL	1,214	89	10.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Lonaconing, MD	1,214	83	17.4%
Ansonia, OH	1,214	77	23.4%
Biglerville, PA	1,214	99	0.7%
Saint James, NB	1,214	n/a
Bowden, AB	1,214	n/a
Cypress Quarters, FL	1,214	89	10.8%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.