South Pasadena, FL Cost Of Living

South Pasadena 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	South Pasadena	Florida	National
Cost of living index	101	99	100
Index	South Pasadena	Florida	National
Goods & Services index	97	99	100
Groceries index	100	105	100
Health care index	98	98	100
Housing index	99	96	100
Transportation index	106	100	100
Utilities index	116	103	100

A general summary of the cost of living index in South Pasadena, FL is shown above. Compared to the state average of Florida the cost of living index in South Pasadena, FL is 101, which is 2% higher than the average in Florida and compared to the national average it is 1% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In South Pasadena, FL goods and services come in at 2% lower than the average in Florida and are 3% lower than compared to the nationwide average.

Did you know?

The cost of living in South Pasadena is 2% higher than the Florida average.
The cost of living in South Pasadena is 1% higher than the national average.
The cost of housing in South Pasadena is 1% 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 South Pasadena, FL Cost of living To Other Cities

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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

Using the salary calculator lets you compare the salary you earn in South Pasadena, FL to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in South Pasadena, FL, you have to earn a higher income in order to still have the same standard of living. To operate the South Pasadena, FL salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$39,943	$3,329	$932	$1,198
Renters	$25,556	$2,130	$596	$767

One can approximate the cost of living and the housing affordability in South Pasadena, 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 South Pasadena, FL have a median income of $39,943. Therefore, the amount that a consumer should spend on housing costs should be no more than $932 per month to avoid calamity and poverty. The renters in the city have an income of about $25,556, which would make their monthly maximum allowable rental costs $596.

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 South Pasadena, 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	South Pasadena	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	South Pasadena	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	South Pasadena	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	South Pasadena	National avg.	Difference
Home Price	$169,900.00	$184,700.00	8.0%
Avg. Mortgage Payment	$827.55	$1,202.44	31.2%
Apartment Rent	$1,110.00	$949.00	17.0%

Transportation

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

Utilities

Item	South Pasadena	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.
Lealman, FL	20,704	87	-13%
West Lealman, FL	16,235	88	-12%
South Highpoint, FL	5,034	91	-9%
Largo, FL	80,678	91	-9%
Kenneth City, FL	5,048	92	-8%
South Pasadena, FL	5,040	101	1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Hanamaulu, HI	5,039	156	56%
Clarks Summit, PA	5,041	103	3%
Carlyss, LA	5,041	85	-15%
South Haven, IN	5,042	99	-1%
Sulphur, OK	5,042	82	-18%
South Pasadena, FL	5,040	101	1%

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

South Pasadena, FL Cost of Living