Penney Farms 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.
IndexPenney FarmsFloridaNational
Cost of living index9299100
IndexPenney FarmsFloridaNational
Goods & Services index9899100
Groceries index100105100
Health care index8798100
Housing index7996100
Transportation index97100100
Utilities index92103100
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Did you know?

  • The cost of living in Penney Farms is 8% lower than the Florida average.
  • The cost of living in Penney Farms is 8% lower than the national average.
  • The cost of housing in Penney Farms is 21% 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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Compare Penney Farms, FL Cost of living To Other Cities

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Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$40,556$3,380$946$1,217
Renters$28,482$2,374$665$855

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%

Goods & Services

ItemPenney FarmsNational avg.Difference
Haircut $14.24$16.0911.5%
Beauty Salon $53.33$37.3342.9%
Toothpaste $2.44$2.450.4%
Shampoo $0.94$1.005.7%
Movie $11.02$10.287.2%
Bowling $4.52$4.938.3%

Groceries

ItemPenney FarmsNational avg.Difference
Ground Beef $4.05$3.806.4%
Fried Chicken $1.93$1.4038.2%
Milk $2.42$2.0120.5%
Potatoes $3.46$3.0115.0%
Pizza $8.72$9.8911.8%
Beer $9.13$8.902.6%

Health Care

ItemPenney FarmsNational avg.Difference
Optometrist $79.25$102.1622.4%
Doctor $68.27$108.3637.0%
Dentist $93.21$92.530.7%
Ibuprofen $9.31$9.280.3%
Lipitor $405.16$425.824.9%

Housing

ItemPenney FarmsNational avg.Difference
Home Price $116,700.00$184,700.0036.8%
Avg. Mortgage Payment $966.35$1,202.4419.6%
Apartment Rent $1,114.00$949.0017.4%

Transportation

ItemPenney FarmsNational avg.Difference
Gasoline $2.35$2.244.5%
Tire Balancing $38.15$46.2917.6%

Utilities

ItemPenney FarmsNational avg.Difference
All Electricity$158.65$165.964.4%
Phone $25.52$28.6811.0%
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, StatePopulationCost of Living IndexNational Avg.
Bellair-Meadowbrook Terrace, FL14,30089-11%
Middleburg, FL13,51190-10%
Green Cove Springs, FL7,20591-9%
Keystone Heights, FL1,53094-6%
Lakeside, FL31,20194-6%
Penney Farms, FL61892-8%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Rocky Hill, NJ61814848%
Yakutat, AK61811717%
Lazy Y U, AZ61812323%
Rockford, AL61878-22%
Masontown, WV61884-16%
Penney Farms, FL61892-8%
Source: The Penney Farms, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.