Cost Of Living in McGregor, FL

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	McGregor	Florida	National
Cost of living	122	98	100
Goods & Services	105	98	100
Groceries	99	99	100
Health care	108	96	100
Housing	166	96	100
Transportation	107	99	100
Utilities	96	97	100

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Cost Of Living Quick Facts

The cost of living in McGregor is 25% higher than the Florida average
The cost of living in McGregor is 22% higher than the national average
McGregor housing is 66% higher 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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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	$65,268	$5,439	$1,523	$1,958
Renters	$59,448	$4,954	$1,387	$1,784

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in McGregor, FL, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for McGregor homeowners, is $65,268. This would allow for a maximum of $1,523 per month to be spent on housing costs. For renters, the median monthly income is $59,448 which would result in a maximum of $1,387 to be spent on rental 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	McGregor	National avg.	Difference
Haircut	$28.20	$24.26	16.2%
Beauty Salon	$54.05	$45.56	18.6%
Toothpaste	$3.63	$3.70	1.9%
Shampoo	$1.45	$1.28	13.5%
Movie	$13.05	$12.13	7.6%
Bowling	$21.20	$18.00	17.8%

Groceries

Item	McGregor	National avg.	Difference
Ground Beef	$6.06	$5.84	3.8%
Fried Chicken	$1.40	$1.57	11.0%
Milk	$4.57	$4.67	2.2%
Potatoes	$5.24	$4.93	6.1%
Pizza	$11.72	$12.09	3.0%
Beer	$11.06	$10.41	6.2%

Health Care

Item	McGregor	National avg.	Difference
Optometrist	$101.67	$125.68	19.1%
Doctor	$153.94	$135.78	13.4%
Dentist	$122.09	$113.29	7.8%
Ibuprofen	$10.59	$10.65	0.6%
Lipitor	$535.04	$468.60	14.2%

Housing

Item	McGregor	National avg.	Difference
Home Price	$326,100.00	$184,700.00	76.6%
Avg. Mortgage Payment	$2,422.46	$2,346.69	3.2%
Apartment Rent	$1,344.00	$949.00	41.6%

Transportation

Item	McGregor	National avg.	Difference
Gasoline	$3.47	$3.46	0.2%
Tire Balancing	$74.92	$59.92	25.0%

Utilities

Item	McGregor	National avg.	Difference
All Electricity	$179.36	$193.99	7.5%
Phone	$194.07	$192.25	0.9%

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.
Suncoast Estates, FL	4,759	88	11.6%
North Fort Myers, FL	42,315	92	8.1%
Tice, FL	5,379	93	6.7%
Pine Manor, FL	4,582	95	5.1%
Harlem Heights, FL	1,362	95	4.7%
McGregor, FL	7,899	122	21.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sheboygan Falls, WI	7,898	94	6.4%
Jersey Village, TX	7,900	113	12.9%
Seaford, DE	7,897	99	1.3%
Flowery Branch, GA	7,896	112	11.7%
Bridge City, TX	7,902	95	4.6%
McGregor, FL	7,899	122	21.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in McGregor, FL