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 94.0) to Orlando, and you currently make $50,000 per year, the
formula is as follows
Take the destination index, in this case Orlando-94.0 and divide
by Portland’s index-120, then multiply by a salary of $50,000. This
will give you a figure of $39,166 which would be required to make
in Orlando to 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
2007 stats per Sperlings best Places http://www.bestplaces.net/
Boca Raton-154.74
Bradenton-114
Cape Coral-Ft Myers-108.0
Ft Lauderdale-132.0
Fort Walton-Destin-120
Jacksonville metro-94.0
Big Pine Key fl-132.46
Key Largo-146.0
Key West-168.0
Marathon fl-162.06
Miami metro-138.0
Melbourne-92.72
Naples Fl-250.59
Orlando metro-94.0
Palm Bay-84.56
Palm Coast-Flagler-125.01
Panama City-86.35
Pensacola metro-82.0
Sarasota-108.75
Tampa 94.60
Stuart 146.63
St Pete-Clearwater-91.58
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
The cost of living across the city areas in Florida's Treasure Coast
averaged only 98% of the national average or 20th in the state of
Florida, With housing, Real Estate prices substantially below the
national average,
Stuart and Martin County is a great place to live, work and play.
MARTIN COUNTY
Ad Valorem Millage Rates (2004):
Government 5.6020
Schools 7.5920
Special 1.0692
Total 14.2632
Ad Valorem Tax Exemption: Yes
Retail Sales Tax (Local Option) 0.0
Local Communications Service Tax 1.8
As of 2004, the total Cost of living index was 99.82
Above stats from http://www.eflorida.com/profiles/CountyReport.asp?CountyID=67&Display=allSee
For more information about cost of living stats go to http://www.coli.org
Housing. Minimum two bedroom single family homes in Martin/St Lucie
Counties.
As of August 2005, the median sold price is $267,600
Utilities.
For water and sewer go to
Indiantown Company
City of Stuart Water Dept.
Martin County Utilities & Solid Waste Dept.
South Martin Regional Utilities
Hobe Sound Water Company
Hydratech Utilitie
For electric go to Florida Power & Light
Gas Companies:
TECO/People's Gas
Tri-County Gas
Martin County Petroleum & Propane
In conclusion, with the recreational and job opportunities and the
quality of life, mixed in with low housing costs, the Treasure Coast
is a great option.
What if you never had to go back from your vacation? You can! You can live the vacation.
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