| Index | Fleming Island | Florida | National |
| Cost of living | 119 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 102 | 104 | 100 |
| Housing | 154 | 97 | 100 |
| Transportation | 106 | 103 | 100 |
| Utilities | 112 | 110 | 100 |
| Lifestyle & Entertainment | 103 | 104 | 100 |
| Household Items | 102 | 102 | 100 |
| Education & Childcare | 102 | 106 | 100 |
Knowing the cost of living in Fleming Island allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Fleming Island stands at 119, marking it 19% higher than the national average.
Housing costs are a very significant part of the Fleming Island cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 54.5% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.
Is Fleming Island an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Fleming Island is 56% higher than the national average, while the average monthly rent prices are 50.8% higher than average. The affordability of any location can also be influenced by median income levels. Fleming Island has a median household income of $150,974, which is 85.6% higher than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Fleming Island, the utilities index registers at 12.4% higher than the national average.
Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Fleming Island, the groceries index registers 4.2% higher than the national average.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Fleming Island, the baseline sales tax rate begins at 6%, and income tax rates start at 0%.
The cost of living estimates displayed for Fleming Island are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $166,105 | $13,842 | $3,876 | $4,984 |
| Renters | $78,438 | $6,537 | $1,830 | $2,353 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Bellair-Meadowbrook Terrace, FL | 15,617 | 100 | 0.4% |
| Middleburg, FL | 12,986 | 100 | 0.3% |
| Green Cove Springs, FL | 8,488 | 102 | 1.9% |
| Lakeside, FL | 32,167 | 104 | 3.8% |
| Orange Park, FL | 8,984 | 106 | 5.5% |
| Fleming Island, FL | 31,515 | 119 | 19.4% |
| City | Population | Cost of Living Index | National Avg. |
| Gurnee, IL | 31,504 | 112 | 12.0% |
| Granger, IN | 31,533 | 104 | 3.8% |
| Galesburg, IL | 31,538 | 84 | 15.8% |
| Kingman, AZ | 31,489 | 99 | 0.6% |
| Garner, NC | 31,549 | 106 | 5.7% |
| Fleming Island, FL | 31,515 | 119 | 19.4% |
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