Fort Pierce North, FL Cost Of Living

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Fort Pierce North 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	Fort Pierce North	Florida	National
Cost of living index	88	99	100
Index	Fort Pierce North	Florida	National
Goods & Services index	104	99	100
Groceries index	104	105	100
Health care index	110	100	100
Housing index	48	96	100
Transportation index	100	98	100
Utilities index	115	102	100

A general overview of the cost of living index for Fort Pierce North, FL is displayed above. In Fort Pierce North, FL, the overall cost of living index is 88, which is 11% lower than the Florida average and 12% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Fort Pierce North, FL, the city's goods and services are 5% higher than the Florida average and 4% higher than the U.S. average.

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The cost of living in Fort Pierce North is 11% lower than the Florida average.
The cost of living in Fort Pierce North is 12% lower than the national average.
The cost of housing in Fort Pierce North is 52% 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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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current salary in Fort Pierce North, FL to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Fort Pierce North, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Fort Pierce North, FL salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$34,861	$2,905	$813	$1,046
Renters	$14,967	$1,247	$349	$449

The affordability of the housing market in Fort Pierce North, FL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Fort Pierce North, FL homeowners, the median income is $34,861. This indicates that a monthly maximum of $813 should be spent by homeowners on all housing related costs. Renters have a median income of $14,967. This indicates that renters should have a maximum of $349 used for their rent related monthly 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%

One thing to keep in mind when considering the cost of living in Fort Pierce North, 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	Fort Pierce North	National avg.	Difference
Haircut	$16.67	$17.49	4.7%
Beauty Salon	$43.33	$38.17	13.5%
Toothpaste	$2.51	$2.32	8.1%
Shampoo	$0.90	$1.01	11.1%
Movie	$6.21	$10.72	42.1%
Bowling	$17.33	$13.86	25.0%

Groceries

Item	Fort Pierce North	National avg.	Difference
Ground Beef	$4.29	$3.90	10.0%
Fried Chicken	$1.33	$1.40	4.7%
Milk	$2.71	$1.96	38.1%
Potatoes	$3.68	$3.18	15.6%
Pizza	$9.99	$10.39	3.9%
Beer	$10.09	$9.23	9.3%

Health Care

Item	Fort Pierce North	National avg.	Difference
Optometrist	$164.33	$106.34	54.5%
Doctor	$130.00	$115.25	12.8%
Dentist	$101.75	$98.38	3.4%
Ibuprofen	$10.29	$9.26	11.1%
Lipitor	$498.56	$466.47	6.9%

Housing

Item	Fort Pierce North	National avg.	Difference
Home Price	$59,800.00	$184,700.00	67.6%
Avg. Mortgage Payment	$1,027.86	$1,273.32	19.3%
Apartment Rent	$799.00	$949.00	15.8%

Transportation

Item	Fort Pierce North	National avg.	Difference
Gasoline	$2.56	$2.59	1.4%
Tire Balancing	$51.25	$48.90	4.8%

Utilities

Item	Fort Pierce North	National avg.	Difference
All Electricity	$208.89	$167.60	24.6%
Phone	$185.34	$163.42	13.4%

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.
West Vero Corridor, FL	7,635	89	-11%
Fort Pierce South, FL	3,992	91	-9%
River Park, FL	5,538	91	-9%
Fort Pierce, FL	43,883	91	-9%
Lakewood Park, FL	11,706	92	-8%
Fort Pierce North, FL	7,365	88	-12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Lake of the Woods, VA	7,362	112	12%
Washington, IA	7,368	91	-9%
West Dundee, IL	7,369	115	15%
Globe, AZ	7,369	88	-12%
Sioux Center, IA	7,370	94	-6%
Fort Pierce North, FL	7,365	88	-12%

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

Fort Pierce North, FL Cost of Living