Boca Raton Cost of Living


he 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.
Our cost of living indices are based on a US average of 100. An amount below 100 means Boca Raton, FL is cheaper than the US average. A cost of living index above 100 means Boca Raton, FL is more expensive.
Overall, Boca Raton, FL cost of living is 154.74.
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 110) to Melbourne fl, and you currently make $50,000 per year, the formula is as follows
Take the destination index, in this case Melbourne-92.72 and divide by Portland’s index-110, then multiply by a salary of $50,000.
This will give you a figure of $42,145.00 which would be required to make in Melbourne to have the same quality of life.
See comparable Florida statewide
2008-09 stats Source C2ER formerly accra-col index and http://www.bestplaces.net/
Boca Raton-154.74
Cape Coral-Ft Myers-99.6
Ft Lauderdale-137.0
Destin-145.61
Jacksonville metro-97.1
Big Pine Key fl-132.46
Key Largo-146.9
Key West-167.97
Marathon fl-162.06
Miami metro-137.41
Melbourne-92.72
Naples Fl-250.59
Orlando metro-101
Palm Bay-84.56
Palm Coast-Flagler-125.01
Panama City-86.35
Pensacola metro-82.0
Sarasota-107.2
Tampa 97.3
St Pete-Clearwater-95.6
Vero-Beach Indian River-122.87
West Palm Beach metro-112.05
(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)
* New York, NY -164.50
* Long Beach, CA -135.71
* Palo Alto, CA -234.42
* Boston, MA -127.60
* Malibu, CA -492.80
* San Francisco, -187.23
* Greenwich, CT 215
* Chicago, IL -126.45
* Dallas Tx -92,94
* Atlanta Ga -112.21
For more information about cost of living go to either Sperlings best Places http://www.bestplaces.net/
or Accra's site at http://www.coli.org/

Popular posts from this blog

Florida Real Estate Agents