East Lake-Orient Park, Florida Cost Of Living

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B+

Overall 12%

Goods & Services 2%

Housing 38%

Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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	East Lake-Orient Park	Florida	National
Cost of living	88	99	100
Goods & Services	98	98	100
Groceries	104	106	100
Health care	98	98	100
Housing	62	96	100
Transportation	100	101	100
Utilities	101	106	100

Key findings

The cost of living in East Lake-Orient Park is 11% lower than the Florida average
The cost of living in East Lake-Orient Park is 12% lower than the national average
East Lake-Orient Park 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	$48,443	$4,037	$1,130	$1,453
Renters	$30,567	$2,547	$713	$917

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in East Lake-Orient Park, FL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for East Lake-Orient Park homeowners, is $48,443. This would allow for a maximum of $1,130 per month to be spent on housing costs. For renters, the median monthly income is $30,567 which would result in a maximum of $713 to be spent on rental costs.

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	East Lake-Orient Park	National avg.	Difference
Haircut	$15.08	$18.62	19.0%
Beauty Salon	$37.26	$39.05	4.6%
Toothpaste	$2.82	$2.34	20.4%
Shampoo	$1.04	$1.06	1.6%
Movie	$12.72	$10.68	19.1%
Bowling	$16.33	$14.67	11.3%

Groceries

Item	East Lake-Orient Park	National avg.	Difference
Ground Beef	$5.29	$4.22	25.4%
Fried Chicken	$1.74	$1.39	25.8%
Milk	$2.66	$2.05	29.6%
Potatoes	$3.51	$3.29	6.6%
Pizza	$10.25	$10.62	3.5%
Beer	$10.69	$9.38	13.9%

Health Care

Item	East Lake-Orient Park	National avg.	Difference
Optometrist	$99.12	$108.57	8.7%
Doctor	$99.22	$116.17	14.6%
Dentist	$105.57	$99.13	6.5%
Ibuprofen	$10.59	$9.68	9.5%
Lipitor	$441.72	$466.92	5.4%

Housing

Item	East Lake-Orient Park	National avg.	Difference
Home Price	$87,200.00	$184,700.00	52.8%
Avg. Mortgage Payment	$896.52	$1,197.42	25.1%
Apartment Rent	$910.00	$949.00	4.1%

Transportation

Item	East Lake-Orient Park	National avg.	Difference
Gasoline	$2.11	$2.22	5.1%
Tire Balancing	$55.26	$50.07	10.4%

Utilities

Item	East Lake-Orient Park	National avg.	Difference
All Electricity	$165.98	$167.67	1.0%
Phone	$189.52	$175.64	7.9%

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, State	Population	Cost of Living Index	National Avg.
Zephyrhills South, FL	4,894	80	-20%
University, FL	43,871	87	-13%
Crystal Springs, FL	982	87	-13%
Mango, FL	11,916	89	-11%
Dover, FL	3,380	90	-10%
East Lake-Orient Park, FL	26,160	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Shoreview, MN	26,161	112	12%
Smithtown, NY	26,162	149	49%
University Park, FL	26,150	114	14%
Clinton, IA	26,148	86	-14%
Rockledge, FL	26,144	95	-5%
East Lake-Orient Park, FL	26,160	88	-12%

Source: The East Lake-Orient Park, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.