A+
10%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
23%
Housing NAT. AVG.
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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 Lealman Florida National
Cost of living9098100
Goods & Services9398100
Groceries10099100
Health care9296100
Housing7796100
Transportation10099100
Utilities9997100

An Overview of Cost of Living in Lealman, FL

Are you thinking about relocating, but curious about the potential cost of living in Lealman? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Lealman stands at 90, making it 10% lower 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 Lealman closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Lealman can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is Lealman Affordable?

Is Lealman an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Lealman is 36.2% lower than the national average, while the average monthly rent prices are 7% higher than average. The affordability of any location can also be influenced by median income levels. Lealman has a median household income of $35,092, which is 36.6% lower than the national average.

What Factors can Influence the Cost of Living in Lealman?

Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Lealman comes in at 1.1% lower than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Lealman, the transportation index is 0.4% higher than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Lealman, healthcare costs are 8% lower than the national average.

Where is the Data From?

The cost of living data in Lealman displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Lealman is 7% lower than the Florida average
  • The cost of living in Lealman is 10% lower than the national average
  • Lealman housing is 23% 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

Most Affordable Places to Live in and Around Lealman

See all the best places to live around Lealman

Compare Lealman, 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$37,694$3,141$879$1,131
      Renters$31,844$2,654$743$955
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Lealman, 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 Lealman homeowners, is $37,694. This would allow for a maximum of $879 per month to be spent on housing costs. For renters, the median monthly income is $31,844 which would result in a maximum of $743 to be spent on rental 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%

      Goods & Services

      Item Lealman National avg. Difference
      Haircut $15.67$24.2635.4%
      Beauty Salon $54.72$45.5620.1%
      Toothpaste $3.67$3.700.8%
      Shampoo $1.48$1.2815.3%
      Movie $8.61$12.1329.1%
      Bowling $19.67$18.009.3%

      Groceries

      Item Lealman National avg. Difference
      Ground Beef $6.06$5.843.8%
      Fried Chicken $1.48$1.575.7%
      Milk $4.56$4.672.3%
      Potatoes $5.34$4.938.1%
      Pizza $8.38$12.0930.6%
      Beer $10.69$10.412.6%

      Health Care

      Item Lealman National avg. Difference
      Optometrist $146.67$125.6816.7%
      Doctor $122.32$135.789.9%
      Dentist $103.33$113.298.8%
      Ibuprofen $10.74$10.650.8%
      Lipitor $523.90$468.6011.8%

      Housing

      Item Lealman National avg. Difference
      Home Price $117,800.00$184,700.0036.2%
      Avg. Mortgage Payment $1,846.50$2,346.6921.3%
      Apartment Rent $1,015.00$949.007.0%

      Transportation

      Item Lealman National avg. Difference
      Gasoline $3.42$3.461.0%
      Tire Balancing $57.28$59.924.4%

      Utilities

      Item Lealman National avg. Difference
      All Electricity $219.66$193.9913.2%
      Phone $194.37$192.251.1%
      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.
      South Highpoint, FL5,8448812.5%
      West Lealman, FL14,304919.4%
      Largo, FL84,666936.6%
      Pinellas Park, FL53,486972.8%
      Kenneth City, FL5,119972.6%
      Lealman, FL21,621909.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Albertville, AL21,6208910.5%
      Prichard, AL21,6188218.0%
      Coralville, IA21,6301054.9%
      Golden Valley, MN21,61111817.7%
      Sedalia, MO21,6348416.2%
      Lealman, FL21,621909.6%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.