Fruit Cove 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.
IndexFruit CoveFloridaNational
Cost of living index11699100
IndexFruit CoveFloridaNational
Goods & Services index9899100
Groceries index100105100
Health care index8798100
Housing index16296100
Transportation index97100100
Utilities index92103100
A general overview of the cost of living index for Fruit Cove, FL is displayed above. In Fruit Cove, FL, the overall cost of living index is 116, which is 17% higher than the Florida average and 16% higher 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 Fruit Cove, FL, the city's goods and services are 1% lower than the Florida average and 2% lower than the U.S. average.
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Did you know?

  • The cost of living in Fruit Cove is 17% higher than the Florida average.
  • The cost of living in Fruit Cove is 16% higher than the national average.
  • The cost of housing in Fruit Cove is 62% 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.

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Compare Fruit Cove, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Fruit Cove, 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 Fruit Cove, FL, then you would need to earn more income in order to maintain the same standard of living. To use the Fruit Cove, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$104,059$8,672$2,428$3,122
Renters$56,513$4,709$1,319$1,696
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Fruit Cove, 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 Fruit Cove, FL homeowners, is $104,059. This would allow for a maximum of $2,428 per month to be spent on housing costs. For renters, the median monthly income is $56,513 which would result in a maximum of $1,319 to be spent on rental costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When you are determining the total cost of living in Fruit Cove, FL you will want to make sure you consider both the Florida sales tax and the Florida income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Florida is 6%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Florida have a range from 0% to 0%.

Goods & Services

ItemFruit CoveNational avg.Difference
Haircut $14.24$16.0911.5%
Beauty Salon $53.33$37.3342.9%
Toothpaste $2.44$2.450.4%
Shampoo $0.94$1.005.7%
Movie $11.02$10.287.2%
Bowling $4.52$4.938.3%

Groceries

ItemFruit CoveNational avg.Difference
Ground Beef $4.05$3.806.4%
Fried Chicken $1.93$1.4038.2%
Milk $2.42$2.0120.5%
Potatoes $3.46$3.0115.0%
Pizza $8.72$9.8911.8%
Beer $9.13$8.902.6%

Health Care

ItemFruit CoveNational avg.Difference
Optometrist $79.25$102.1622.4%
Doctor $68.27$108.3637.0%
Dentist $93.21$92.530.7%
Ibuprofen $9.31$9.280.3%
Lipitor $405.16$425.824.9%

Housing

ItemFruit CoveNational avg.Difference
Home Price $290,000.00$184,700.0057.0%
Avg. Mortgage Payment $966.35$1,202.4419.6%
Apartment Rent $1,662.00$949.0075.1%

Transportation

ItemFruit CoveNational avg.Difference
Gasoline $2.35$2.244.5%
Tire Balancing $38.15$46.2917.6%

Utilities

ItemFruit CoveNational avg.Difference
All Electricity$158.65$165.964.4%
Phone $25.52$28.6811.0%
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, StatePopulationCost of Living IndexNational Avg.
Bellair-Meadowbrook Terrace, FL14,30089-11%
Middleburg, FL13,51190-10%
Green Cove Springs, FL7,20591-9%
Penney Farms, FL61892-8%
Lakeside, FL31,20194-6%
Fruit Cove, FL31,41911616%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Marrero, LA31,45490-10%
Garfield, NJ31,45612727%
Michigan City, IN31,37483-17%
Galesburg, IL31,46978-22%
West Little River, FL31,29693-7%
Fruit Cove, FL31,41911616%
Source: The Fruit Cove, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.