Overall 17%
Goods & Services 5%
Housing 52%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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.
IndexHomosassa SpringsFloridaNational
Cost of living8399100
Goods & Services9599100
Health care103100100

Key findings

  • The cost of living in Homosassa Springs is 17% lower than the Florida average
  • The cost of living in Homosassa Springs is 17% lower than the national average
  • Homosassa Springs housing 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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Compare Homosassa Springs, FL Cost of Living

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      Salary Calculator

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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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      A good indicator of the general affordability of housing in Homosassa Springs, FL, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Homosassa Springs, the median monthly income is $35,706 for those who own their own homes. Under the standard rule, that income level would allow for $833 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $18,873, per the median income in the area. That would allow for renters to spend up to $440 on monthly rental expenses.

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemHomosassa SpringsNational avg.Difference
      Haircut $14.30$17.4918.2%
      Beauty Salon $36.87$38.173.4%
      Toothpaste $3.16$2.3236.2%
      Shampoo $1.01$1.010.2%
      Movie $12.08$10.7212.6%
      Bowling $18.00$13.8629.9%


      ItemHomosassa SpringsNational avg.Difference
      Ground Beef $4.93$3.9026.4%
      Fried Chicken $1.79$1.4028.2%
      Milk $2.63$1.9634.0%
      Potatoes $3.79$3.1819.1%
      Pizza $9.99$10.393.9%
      Beer $9.39$9.231.7%

      Health Care

      ItemHomosassa SpringsNational avg.Difference
      Optometrist $82.00$106.3422.9%
      Doctor $114.00$115.251.1%
      Dentist $113.30$98.3815.2%
      Ibuprofen $10.49$9.2613.3%
      Lipitor $425.48$466.478.8%


      ItemHomosassa SpringsNational avg.Difference
      Home Price $72,000.00$184,700.0061.0%
      Avg. Mortgage Payment $897.78$1,273.3229.5%
      Apartment Rent $670.00$949.0029.4%


      ItemHomosassa SpringsNational avg.Difference
      Gasoline $2.51$2.593.3%
      Tire Balancing $52.46$48.907.3%


      ItemHomosassa SpringsNational avg.Difference
      All Electricity$134.94$167.6019.5%
      Phone $186.69$163.4214.2%
      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.
      Lake Lindsey, FL4197-3%
      Beverly Hills, FL9,07386-14%
      Hernando, FL9,30087-13%
      Inverness Highlands South, FL6,44286-14%
      Inverness, FL7,20489-11%
      Homosassa Springs, FL13,27383-17%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      University Heights, OH13,27398-2%
      Grain Valley, MO13,27397-3%
      South Sioux City, NE13,26884-16%
      New Ulm, MN13,27991-9%
      Hamilton Square, NJ13,26512929%
      Homosassa Springs, FL13,27383-17%
      Source: The Homosassa Springs, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.