Cost Of Living in Sopchoppy, FL

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A+

10%

Overall NAT. AVG.

4%

Goods & Services NAT. AVG.

23%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

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	Sopchoppy	Florida	National
Cost of living	90	98	100
Goods & Services	97	98	100
Groceries	96	99	100
Health care	106	96	100
Housing	77	96	100
Transportation	97	99	100
Utilities	85	97	100

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Cost Of Living Quick Facts

The cost of living in Sopchoppy is 8% lower than the Florida average
The cost of living in Sopchoppy is 10% lower than the national average
Sopchoppy housing is 23% 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	$45,000	$3,750	$1,050	$1,350
Renters	$37,143	$3,095	$867	$1,114

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	Sopchoppy	National avg.	Difference
Haircut	$23.64	$24.26	2.5%
Beauty Salon	$35.60	$45.56	21.9%
Toothpaste	$3.74	$3.70	1.1%
Shampoo	$1.42	$1.28	11.1%
Movie	$12.02	$12.13	1.0%
Bowling	$16.50	$18.00	8.3%

Groceries

Item	Sopchoppy	National avg.	Difference
Ground Beef	$5.87	$5.84	0.6%
Fried Chicken	$1.40	$1.57	11.0%
Milk	$4.56	$4.67	2.5%
Potatoes	$5.27	$4.93	6.8%
Pizza	$12.97	$12.09	7.3%
Beer	$11.26	$10.41	8.2%

Health Care

Item	Sopchoppy	National avg.	Difference
Optometrist	$116.93	$125.68	7.0%
Doctor	$122.60	$135.78	9.7%
Dentist	$111.70	$113.29	1.4%
Ibuprofen	$10.73	$10.65	0.8%
Lipitor	$367.50	$468.60	21.6%

Housing

Item	Sopchoppy	National avg.	Difference
Home Price	$130,800.00	$184,700.00	29.2%
Avg. Mortgage Payment	$2,152.45	$2,346.69	8.3%
Apartment Rent	$879.00	$949.00	7.4%

Transportation

Item	Sopchoppy	National avg.	Difference
Gasoline	$3.37	$3.46	2.6%
Tire Balancing	$64.50	$59.92	7.6%

Utilities

Item	Sopchoppy	National avg.	Difference
All Electricity	$189.14	$193.99	2.5%
Phone	$193.94	$192.25	0.9%

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.
Panacea, FL	744	81	18.9%
Carrabelle, FL	2,681	88	12.5%
Crawfordville, FL	4,113	96	4.2%
Sopchoppy, FL	483	90	10.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Dennard, AR	483	70	29.7%
Sharpsburg, GA	483	95	4.6%
New Market, IA	483	80	19.6%
Peterson, IA	483	79	20.8%
Gorham, KS	483	82	18.2%
Sopchoppy, FL	483	90	10.0%