Cost Of Living in Penney Farms, FL

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B+

12%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

29%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Penney Farms	Florida	National
Cost of living	112	102	100
Groceries	104	102	100
Health care	102	104	100
Housing	129	97	100
Transportation	106	103	100
Utilities	112	110	100
Lifestyle & Entertainment	103	104	100
Household Items	102	102	100
Education & Childcare	102	106	100

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Homes For Sale In Penney Farms, FL

218 S Paso Fino Rd

Green Cove Springs, FL

Cost Of Living Quick Facts

The cost of living in Penney Farms is 10% higher than the Florida average
The cost of living in Penney Farms is 12% higher than the national average
Penney Farms housing is 29% 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
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$78,842	$6,570	$1,840	$2,365
Renters	$85,171	$7,098	$1,987	$2,555

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%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Bellair-Meadowbrook Terrace, FL	15,617	100	0.4%
Middleburg, FL	12,986	100	0.3%
Green Cove Springs, FL	8,488	102	1.9%
Keystone Heights, FL	1,538	104	4.2%
Lakeside, FL	32,167	104	3.8%
Penney Farms, FL	670	112	11.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Red Mesa, AZ	670	96	4.0%
Albion, IA	670	85	14.8%
Grand Ridge, IL	670	94	5.7%
Gibsland, LA	670	80	20.4%
Hayes, LA	670	79	20.9%
Penney Farms, FL	670	112	11.7%