A+
1%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
16%
Housing NAT. AVG.
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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 Yulee Florida National
Cost of living10198100
Goods & Services9598100
Groceries9999100
Health care8696100
Housing11696100
Transportation8799100
Utilities10197100

An Overview of Cost of Living in Yulee, FL

Are you thinking about relocating, but curious about the potential cost of living in Yulee? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Yulee stands at 101, making it 1% higher 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 Yulee, 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 Yulee will resemble that of an average city, contributing to a manageable cost of living.

Is Yulee Affordable?

Is Yulee 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 Yulee, the median home price is 8.4% higher than what most folks pay across the country, and monthly rent prices are 33.7% higher than the usual rates. Income levels in Yulee come in at $66,729, which is 20.6% higher than the national average.

What Factors can Influence the Cost of Living in Yulee?

Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Yulee, the prevailing sales tax rate starts at 6%, and income tax rates kick off at 0%.

Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Yulee, is 16% higher than the national average.

Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.

Where is the Data From?

The Yulee 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. Published on a quarterly basis, it compiles data from more than 300 independent researchers, encompassing over 60 goods and services. These items have been meticulously selected to represent various consumer expenditure categories, in 6 categories. Weightings assigned to cost differentials draw from government survey data tracking spending patterns among professional and executive households. While the C2ER index excludes data on sales or income tax rates, AreaVibes incorporates tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Yulee is 3% higher than the Florida average
  • The cost of living in Yulee is 1% higher than the national average
  • Yulee housing is 16% 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

Most Affordable Places to Live in and Around Yulee

See all the best places to live around Yulee

Compare Yulee, FL Cost of Living

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      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$77,784$6,482$1,815$2,334
      Renters$50,357$4,196$1,175$1,511
      A good way to judge both the affordability of the housing and the cost of living in Yulee is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Yulee has a median income of about $77,784 for people who own homes. Based on that number, a maximum of $1,815 should be spent on expenses related to housing. Renters have a slightly different median income, which is $50,357. Based on this average, renters should spend no more than $1,175 on all rental costs if they want to maintain a non-impoverished standard of living.

      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 Yulee National avg. Difference
      Haircut $20.91$24.2613.8%
      Beauty Salon $70.33$45.5654.4%
      Toothpaste $3.69$3.700.3%
      Shampoo $1.43$1.2811.7%
      Movie $12.86$12.136.0%
      Bowling $20.93$18.0016.3%

      Groceries

      Item Yulee National avg. Difference
      Ground Beef $5.34$5.848.6%
      Fried Chicken $1.47$1.576.3%
      Milk $4.57$4.672.3%
      Potatoes $5.44$4.9310.3%
      Pizza $10.39$12.0914.0%
      Beer $11.31$10.418.6%

      Health Care

      Item Yulee National avg. Difference
      Optometrist $86.60$125.6831.1%
      Doctor $100.93$135.7825.7%
      Dentist $102.03$113.299.9%
      Ibuprofen $10.61$10.650.4%
      Lipitor $447.41$468.604.5%

      Housing

      Item Yulee National avg. Difference
      Home Price $200,200.00$184,700.008.4%
      Avg. Mortgage Payment $1,803.79$2,346.6923.1%
      Apartment Rent $1,269.00$949.0033.7%

      Transportation

      Item Yulee National avg. Difference
      Gasoline $3.44$3.460.5%
      Tire Balancing $34.43$59.9242.5%

      Utilities

      Item Yulee National avg. Difference
      All Electricity $193.67$193.990.2%
      Phone $194.82$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.
      Kingsland, GA17,523946.4%
      Callahan, FL1,408946.3%
      Nassau Village-Ratliff, FL4,789946.0%
      St. Marys, GA18,321981.9%
      Kings Bay Base, GA3,1151044.1%
      Yulee, FL13,3461011.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Powell, OH13,35312626.4%
      Palos Verdes Estates, CA13,359327227.5%
      North Valley, NM13,3311000.1%
      Santa Fe, TX13,326990.5%
      Montgomeryville, PA13,31912727.2%
      Yulee, FL13,3461011.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.