Florida Cost of Living

Florida Cost of Living
The cost of living index is based on the composite price of groceries, housing, utilities, transportation, health care, clothing and entertainment.
Cost of living indexes will generally be higher in areas that offer access to beaches, culture, arts and recreation. In addition areas, that offer a wider variety of services such as health and education will run higher due to higher wages, and increased quality of living.
Cost of living indexing explanation
A figure of 100 points is used as an average both for the USA and Florida. For example:
Boise Idaho is ranked at a 99
Boston Mass is rated at 240
San Francisco at 217
Statewide, Florida cities come in from a low of 90 and up.
One way to compare Florida areas to salary requirements
For example-If you were relocating from Portland Oregon (whose rate 1s 120) to Orlando, and you currently make $50,000 per year, the formula is as follows
Take the destination index, in this case Orlando-99.8 and divide by Portland’s index-120, then multiply by a salary of $50,000. This will give you a figure of $41,583, which would be required to make in Orlando and have the same quality of life.
See comparable Florida statewide
* Re cost of living--in some areas Real Estate has went up dramatically however costs that factor in such as food, transportation, rents etc have not increased at the same rate-so in some areas, even though housing is expensive, the overall rating may still be low.

Information from Accra-2nd qtr 2005

Daytona 99.8

Ft Lauderdale 116.6

Jacksonville 91.7

Miami/Dade 116.30

Orlando 99.8

Pensacola 97.1

Sarasota 108.9

Tampa 98.8

Ft Myers 103.0
Clearwater 94.8

St Pete 94.8

Bradenton 96.4

Gainesville 99.4

Port Charlotte 92.8
Fl Keys 112.43

West Palm Beach 102.69

Naples 102.35

(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)
New York, NY 364
Long Beach, NY 340
Palo Alto, CA 268
Menlo Park, CA 265
Los Altos, CA 261
Saratoga, CA 261
Boston, MA 240
Malibu, CA 233
San Francisco, 217
Greenwich, CT 215
Cambridge, MA 211
Santa Monica, CA 197
Keystone, CO 194
San Rafael, CA 192
Weston, CT 192
Darien, CT 192
Wellesley, MA 192
Fort Lee, NJ 189
Arlington, VA 184
Honolulu, HI 184
Washington, DC 181
Princeton, NJ 180
Vail, CO 178
Chicago, IL 166
Sunnyvale, CA 164
San Mateo, CA 163
Marathon, FL 161
Ridgewood, NJ 159
Mystic, CT 159
In conclusion, given Florida’s climate and Job opportunities and the outdoor recreation prospects, Florida can really make sense.
Why not live in a vacation spot?