Malabar, Florida Cost Of Living

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F

Overall 12%

Goods & Services 4%

Housing 30%

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.
Index	Malabar	Florida	National
Cost of living	112	99	100
Goods & Services	104	99	100
Groceries	104	105	100
Health care	110	100	100
Housing	130	96	100
Transportation	100	98	100
Utilities	115	102	100

Key findings

The cost of living in Malabar is 14% higher than the Florida average
The cost of living in Malabar is 12% higher than the national average
Malabar housing is 30% 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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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	$68,125	$5,677	$1,589	$2,044
Renters	$0	$0	$0	$0

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	Malabar	National avg.	Difference
Haircut	$16.67	$17.49	4.7%
Beauty Salon	$43.33	$38.17	13.5%
Toothpaste	$2.51	$2.32	8.1%
Shampoo	$0.90	$1.01	11.1%
Movie	$6.21	$10.72	42.1%
Bowling	$17.33	$13.86	25.0%

Groceries

Item	Malabar	National avg.	Difference
Ground Beef	$4.29	$3.90	10.0%
Fried Chicken	$1.33	$1.40	4.7%
Milk	$2.71	$1.96	38.1%
Potatoes	$3.68	$3.18	15.6%
Pizza	$9.99	$10.39	3.9%
Beer	$10.09	$9.23	9.3%

Health Care

Item	Malabar	National avg.	Difference
Optometrist	$164.33	$106.34	54.5%
Doctor	$130.00	$115.25	12.8%
Dentist	$101.75	$98.38	3.4%
Ibuprofen	$10.29	$9.26	11.1%
Lipitor	$498.56	$466.47	6.9%

Housing

Item	Malabar	National avg.	Difference
Home Price	$223,300.00	$184,700.00	20.9%
Avg. Mortgage Payment	$1,027.86	$1,273.32	19.3%
Apartment Rent	$1,420.00	$949.00	49.6%

Transportation

Item	Malabar	National avg.	Difference
Gasoline	$2.56	$2.59	1.4%
Tire Balancing	$51.25	$48.90	4.8%

Utilities

Item	Malabar	National avg.	Difference
All Electricity	$208.89	$167.60	24.6%
Phone	$185.34	$163.42	13.4%

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, State	Population	Cost of Living Index	National Avg.
Micco, FL	8,377	89	-11%
Palm Bay, FL	106,573	95	-5%
Melbourne, FL	78,911	96	-4%
Sebastian, FL	23,432	100	0%
Roseland, FL	1,783	102	2%
Malabar, FL	2,886	112	12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Dandridge, TN	2,886	91	-9%
York Harbor, ME	2,885	130	30%
Strasburg, PA	2,885	97	-3%
Agua Fria, NM	2,887	94	-6%
Greenfield, MN	2,888	138	38%
Malabar, FL	2,886	112	12%

Source: The Malabar, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Malabar, FL Cost of Living

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