Paxton, Florida Cost Of Living

Buy Rent

B

Overall 11%

Goods & Services 3%

Housing 37%

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	Paxton	Florida	National
Cost of living	89	99	100
Goods & Services	103	98	100
Groceries	108	106	100
Health care	98	99	100
Housing	63	96	100
Transportation	92	99	100
Utilities	90	105	100

Key findings

The cost of living in Paxton is 10% lower than the Florida average
The cost of living in Paxton is 11% lower than the national average
Paxton housing is 37% 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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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	$40,441	$3,370	$944	$1,213
Renters	$23,750	$1,979	$554	$713

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	Paxton	National avg.	Difference
Haircut	$17.00	$20.27	16.1%
Beauty Salon	$49.67	$40.39	23.0%
Toothpaste	$2.27	$2.36	3.6%
Shampoo	$1.00	$1.08	7.1%
Movie	$13.07	$10.99	19.0%
Bowling	$18.00	$15.49	16.2%

Groceries

Item	Paxton	National avg.	Difference
Ground Beef	$4.40	$4.30	2.3%
Fried Chicken	$1.48	$1.40	6.0%
Milk	$2.47	$2.20	12.0%
Potatoes	$3.39	$3.22	5.4%
Pizza	$10.41	$10.74	3.1%
Beer	$10.17	$9.60	5.9%

Health Care

Item	Paxton	National avg.	Difference
Optometrist	$86.07	$109.73	21.6%
Doctor	$113.51	$118.34	4.1%
Dentist	$98.78	$100.94	2.1%
Ibuprofen	$10.57	$9.93	6.4%
Lipitor	$500.68	$469.53	6.6%

Housing

Item	Paxton	National avg.	Difference
Home Price	$98,300.00	$184,700.00	46.8%
Avg. Mortgage Payment	$858.27	$1,229.62	30.2%
Apartment Rent	$804.00	$949.00	15.3%

Transportation

Item	Paxton	National avg.	Difference
Gasoline	$2.52	$2.71	7.0%
Tire Balancing	$46.39	$51.86	10.5%

Utilities

Item	Paxton	National avg.	Difference
All Electricity	$142.23	$170.84	16.7%
Phone	$185.19	$187.18	1.1%

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.
Florala, AL	1,912	82	17.9%
Lockhart, AL	412	83	16.7%
Laurel Hill, FL	626	87	13.3%
Paxton, FL	638	89	11.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Andrews, FL	638	83	17.0%
Mountain Park city, GA	638	113	12.5%
Carney, OK	638	79	20.8%
Wartrace, TN	638	85	14.7%
Sandy Hollow-Escondidas, TX	638	87	12.6%
Paxton, FL	638	89	11.0%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.