Northdale, FL Cost Of Living

Northdale 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.
Index	Northdale	Florida	National
Cost of living index	104	99	100
Index	Northdale	Florida	National
Goods & Services index	97	99	100
Groceries index	100	105	100
Health care index	98	98	100
Housing index	110	96	100
Transportation index	106	100	100
Utilities index	116	103	100

An overview of the general cost of living index for Northdale, FL is displayed above for your reference. Residents in Northdale, FL enjoy a cost of living index of 104. This index is 5% higher than the Florida average, and 4% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Northdale, FL, the average cost of goods and services is 2% lower than it is in Florida, and it is 3% lower than the national average.

Did you know?

The cost of living in Northdale is 5% higher than the Florida average.
The cost of living in Northdale is 4% higher than the national average.
The cost of housing in Northdale is 10% 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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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

Using the salary calculator lets you compare the salary you earn in Northdale, FL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Northdale, FL, you have to earn a higher income in order to still have the same standard of living. To operate the Northdale, FL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$79,345	$6,612	$1,851	$2,381
Renters	$52,166	$4,347	$1,217	$1,565

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Northdale, 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 Northdale, FL homeowners, is $79,345. This would allow for a maximum of $1,851 per month to be spent on housing costs. For renters, the median monthly income is $52,166 which would result in a maximum of $1,217 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%

The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in Northdale, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

Item	Northdale	National avg.	Difference
Haircut	$13.87	$16.09	13.8%
Beauty Salon	$34.72	$37.33	7.0%
Toothpaste	$2.71	$2.45	10.6%
Shampoo	$1.01	$1.00	0.9%
Movie	$11.59	$10.28	12.7%
Bowling	$6.14	$4.93	24.5%

Groceries

Item	Northdale	National avg.	Difference
Ground Beef	$4.22	$3.80	11.0%
Fried Chicken	$1.42	$1.40	1.4%
Milk	$2.51	$2.01	25.0%
Potatoes	$3.63	$3.01	20.5%
Pizza	$9.19	$9.89	7.0%
Beer	$9.42	$8.90	5.9%

Health Care

Item	Northdale	National avg.	Difference
Optometrist	$88.81	$102.16	13.1%
Doctor	$110.98	$108.36	2.4%
Dentist	$92.29	$92.53	0.3%
Ibuprofen	$9.14	$9.28	1.5%
Lipitor	$394.89	$425.82	7.3%

Housing

Item	Northdale	National avg.	Difference
Home Price	$195,100.00	$184,700.00	5.6%
Avg. Mortgage Payment	$827.55	$1,202.44	31.2%
Apartment Rent	$1,141.00	$949.00	20.2%

Transportation

Item	Northdale	National avg.	Difference
Gasoline	$2.15	$2.24	4.0%
Tire Balancing	$58.96	$46.29	27.4%

Utilities

Item	Northdale	National avg.	Difference
All Electricity	$145.49	$165.96	12.3%
Phone	$43.34	$28.68	51.1%

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, State	Population	Cost of Living Index	National Avg.
Moon Lake, FL	4,708	85	-15%
New Port Richey, FL	15,503	86	-14%
Jasmine Estates, FL	19,744	87	-13%
Holiday, FL	20,451	87	-13%
Beacon Square, FL	6,971	87	-13%
Northdale, FL	22,317	104	4%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Brent, FL	22,319	86	-14%
North Augusta, SC	22,310	93	-7%
Hopewell, VA	22,332	91	-9%
Prichard, AL	22,340	84	-16%
Auburn Hills, MI	22,342	92	-8%
Northdale, FL	22,317	104	4%

Source: The Northdale, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Northdale, FL Cost of Living