B
Overall 9%
Goods & Services 5%
Housing 25%
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.
IndexHudsonFloridaNational
Cost of living9199100
Goods & Services9599100
Groceries104105100
Health care103100100
Housing7596100
Transportation9998100
Utilities90102100

Key findings

  • The cost of living in Hudson is 9% lower than the Florida average
  • The cost of living in Hudson is 9% lower than the national average
  • Hudson housing is 25% 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 Hudson, FL Cost of Living

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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)
      Owners$41,880$3,490$977$1,257
      Renters$24,647$2,054$575$739
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Hudson, 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 Hudson homeowners, is $41,880. This would allow for a maximum of $977 per month to be spent on housing costs. For renters, the median monthly income is $24,647 which would result in a maximum of $575 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%

      Goods & Services

      ItemHudsonNational 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%

      Groceries

      ItemHudsonNational 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

      ItemHudsonNational 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%

      Housing

      ItemHudsonNational avg.Difference
      Home Price $123,800.00$184,700.0033.0%
      Avg. Mortgage Payment $897.78$1,273.3229.5%
      Apartment Rent $888.00$949.006.4%

      Transportation

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

      Utilities

      ItemHudsonNational 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.
      Bayport, FL6197-3%
      Pine Island, FL1097-3%
      Weeki Wachee, FL197-3%
      Wiscon, FL55977-23%
      Moon Lake, FL4,70881-19%
      Hudson, FL12,25791-9%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      West Plains, MO12,25983-17%
      Newington Forest, VA12,26214343%
      New Baltimore, MI12,26699-1%
      Larkspur, CA12,268238138%
      Wells Branch, TX12,24596-4%
      Hudson, FL12,25791-9%
      Source: The Hudson, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.