A+
2%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
1%
Housing NAT. AVG.
Search Homes for Sale
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 Auburndale Florida National
Cost of living9898100
Goods & Services10198100
Groceries9899100
Health care9296100
Housing9996100
Transportation9599100
Utilities9097100

An Overview of Cost of Living in Auburndale, FL

Are you thinking about relocating, but curious about the potential cost of living in Auburndale? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Auburndale stands at 98, making it 2% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

In Auburndale, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Auburndale will resemble that of an average city, contributing to a manageable cost of living.

Is Auburndale Affordable?

Is Auburndale an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Auburndale, the median home price is 3.4% higher than what most folks pay across the country, and monthly rent prices are 11.9% lower than the usual rates. Income levels in Auburndale come in at $54,638, which is 1.2% lower than the national average.

What Factors can Influence the Cost of Living in Auburndale?

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Auburndale, the utilities index is 9.9% lower than the national average.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In Auburndale, the housing index stands at 1.2% lower than the national average.

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Auburndale, the general sales tax rate starts at 6%, and income tax rates begin at 0%.

Where is the Data From?

The Auburndale cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

New Real Estate Listings in Auburndale Area
Search Homes for Sale in Auburndale, FL

Cost Of Living Quick Facts

  • The cost of living in Auburndale is equal to the Florida average
  • The cost of living in Auburndale is 2% lower than the national average
  • Auburndale housing 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

Most Affordable Places to Live in and Around Auburndale

See all the best places to live around Auburndale

Compare Auburndale, FL Cost of Living

      vs
      How would you rate the cost of living in Auburndale?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Auburndale?
      Write a review to give others more information about this area.
      See all Auburndale poll results

      Salary Calculator

      This is how much you would need to earn in
      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$69,583$5,799$1,623$2,088
      Renters$32,375$2,698$755$971
      The affordability of the housing market in Auburndale, FL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Auburndale homeowners, the median income is $69,583. This indicates that a monthly maximum of $1,623 should be spent by homeowners on all housing related costs. Renters have a median income of $32,375. This indicates that renters would have a maximum of $755 for their rent related monthly costs.

      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 Auburndale National avg. Difference
      Haircut $26.53$24.269.4%
      Beauty Salon $55.13$45.5621.0%
      Toothpaste $3.84$3.703.8%
      Shampoo $1.48$1.2815.8%
      Movie $13.54$12.1311.6%
      Bowling $19.87$18.0010.4%

      Groceries

      Item Auburndale National avg. Difference
      Ground Beef $6.26$5.847.1%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.58$4.671.9%
      Potatoes $5.23$4.936.0%
      Pizza $13.13$12.098.6%
      Beer $11.07$10.416.3%

      Health Care

      Item Auburndale National avg. Difference
      Optometrist $118.44$125.685.8%
      Doctor $137.00$135.780.9%
      Dentist $125.36$113.2910.7%
      Ibuprofen $10.89$10.652.2%
      Lipitor $446.86$468.604.6%

      Housing

      Item Auburndale National avg. Difference
      Home Price $191,000.00$184,700.003.4%
      Avg. Mortgage Payment $2,463.53$2,346.695.0%
      Apartment Rent $836.00$949.0011.9%

      Transportation

      Item Auburndale National avg. Difference
      Gasoline $3.39$3.462.1%
      Tire Balancing $57.07$59.924.8%

      Utilities

      Item Auburndale National avg. Difference
      All Electricity $190.71$193.991.7%
      Phone $194.67$192.251.3%
      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.
      Fussels Corner, FL4,7807920.5%
      Wahneta, FL3,9888218.1%
      Mulberry, FL4,1348217.8%
      Inwood, FL7,1968614.4%
      Combee Settlement, FL6,1738713.1%
      Auburndale, FL16,230982.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Brunswick, GA16,2318515.1%
      Port Washington, NY16,23219392.5%
      Beckley, WV16,2408812.4%
      Fairview Park, OH16,219955.5%
      Fort Carson, CO16,24312827.8%
      Auburndale, FL16,230982.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.