Pasadena Hills, FL Cost Of Living

Pasadena Hills 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	Pasadena Hills	Florida	National
Cost of living index	95	99	100
Index	Pasadena Hills	Florida	National
Goods & Services index	97	99	100
Groceries index	100	105	100
Health care index	98	98	100
Housing index	80	96	100
Transportation index	106	100	100
Utilities index	116	103	100

Displayed above is a general overview of the Pasadena Hills, FL cost of living index. The overall cost of living index in Pasadena Hills, FL is 95, which is 4% lower than the Florida average and 5% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Pasadena Hills, FL are 2% lower than the Florida average and 3% lower than the national average.

Did you know?

The cost of living in Pasadena Hills is 4% lower than the Florida average.
The cost of living in Pasadena Hills is 5% lower than the national average.
The cost of housing in Pasadena Hills is 20% 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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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

The salary calculator is used in order to provide a comparison of your current salary in Pasadena Hills, FL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Pasadena Hills, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Pasadena Hills, FL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$52,987	$4,416	$1,236	$1,590
Renters	$32,010	$2,668	$747	$960

One can approximate the cost of living and the housing affordability in Pasadena Hills, FL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Pasadena Hills, FL have a median income of $52,987. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,236 per month to avoid calamity and poverty. The renters in the city have an income of about $32,010, which would make their monthly maximum allowable rental costs $747.

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%

When you are determining the total cost of living in Pasadena Hills, FL you will want to make sure you consider both the Florida sales tax and the Florida income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Florida is 6%, with the highest surtax being 7.5%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Florida have a range from 0% to 0%.

Goods & Services

Item	Pasadena Hills	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	Pasadena Hills	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	Pasadena Hills	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	Pasadena Hills	National avg.	Difference
Home Price	$142,500.00	$184,700.00	22.8%
Avg. Mortgage Payment	$827.55	$1,202.44	31.2%
Apartment Rent	$822.00	$949.00	13.4%

Transportation

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

Utilities

Item	Pasadena Hills	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.
Zephyrhills South, FL	4,894	82	-18%
Dade City North, FL	2,746	84	-16%
Zephyrhills North, FL	1,961	85	-15%
Masaryktown, FL	936	85	-15%
Zephyrhills West, FL	4,856	86	-14%
Pasadena Hills, FL	8,637	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
East Grand Forks, MN	8,636	96	-4%
Riverdale, UT	8,636	95	-5%
Zuni Pueblo, NM	8,635	80	-20%
Oakbrook, KY	8,640	95	-5%
Clarendon Hills, IL	8,641	142	42%
Pasadena Hills, FL	8,637	95	-5%

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

Pasadena Hills, FL Cost of Living