A
5%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
24%
Housing NAT. AVG.
Search Homes for Sale
Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Four Corners Florida National
Cost of living10598100
Goods & Services10198100
Groceries9899100
Health care9296100
Housing12496100
Transportation9599100
Utilities9097100

An Overview of Cost of Living in Four Corners, FL

Are you thinking about relocating, but curious about the potential cost of living in Four Corners? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Four Corners stands at 105, making it 5% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

The cost of living in Four Corners is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Housing costs make up a big chunk of the cost of living in Four Corners, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 23.8% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.

Is Four Corners Affordable?

Is Four Corners an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Four Corners, the median home price is 9.6% higher than what most folks pay across the country, and monthly rent prices are 56.7% higher than the usual rates. Income levels in Four Corners come in at $57,980, which is 4.8% higher than the national average.

What Factors can Influence the Cost of Living in Four Corners?

Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Four Corners, the housing index comes in at 23.8% higher than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Four Corners, the general sales tax rate starts at 6%, and income tax rates begin at 0%.

Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.

Where is the Data From?

The Four Corners cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Four Corners is 8% higher than the Florida average
  • The cost of living in Four Corners is 5% higher than the national average
  • Four Corners housing is 24% higher 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

Most Affordable Places to Live in and Around Four Corners

See all the best places to live around Four Corners

Compare Four Corners, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$61,364$5,114$1,432$1,841
      Renters$55,356$4,613$1,292$1,661
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Four Corners, FL, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Four Corners, homeowners have a median income of $61,364. Using that number, a maximum of $1,432 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $55,356, which means there is a maximum of $1,292 to be spent on the costs of renting a home or apartment.

      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 Four Corners National avg. Difference
      Haircut $26.53$24.269.4%
      Beauty Salon $55.13$45.5621.0%
      Toothpaste $3.84$3.703.8%
      Shampoo $1.48$1.2815.8%
      Movie $13.54$12.1311.6%
      Bowling $19.87$18.0010.4%

      Groceries

      Item Four Corners National avg. Difference
      Ground Beef $6.26$5.847.1%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.58$4.671.9%
      Potatoes $5.23$4.936.0%
      Pizza $13.13$12.098.6%
      Beer $11.07$10.416.3%

      Health Care

      Item Four Corners National avg. Difference
      Optometrist $118.44$125.685.8%
      Doctor $137.00$135.780.9%
      Dentist $125.36$113.2910.7%
      Ibuprofen $10.89$10.652.2%
      Lipitor $446.86$468.604.6%

      Housing

      Item Four Corners National avg. Difference
      Home Price $202,500.00$184,700.009.6%
      Avg. Mortgage Payment $2,463.53$2,346.695.0%
      Apartment Rent $1,487.00$949.0056.7%

      Transportation

      Item Four Corners National avg. Difference
      Gasoline $3.39$3.462.1%
      Tire Balancing $57.07$59.924.8%

      Utilities

      Item Four Corners National avg. Difference
      All Electricity $190.71$193.991.7%
      Phone $194.67$192.251.3%
      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.
      Lake Buena Vista, FL4972.6%
      Tildenville, FL43972.6%
      Lake Butler city, FL2,1858118.7%
      Bay Lake, FL438416.3%
      Campbell, FL2,2628515.1%
      Four Corners, FL45,9461055.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Hattiesburg, MS46,0108712.9%
      Fort Pierce, FL45,855928.4%
      Biloxi, MS46,042946.0%
      Quinte West, ON46,045n/a 
      Kyle, TX45,8281044.5%
      Four Corners, FL45,9461055.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.