A+
8%
Overall NAT. AVG.
5%
Goods & Services NAT. AVG.
19%
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 Bellview Florida National
Cost of living9298100
Goods & Services10598100
Groceries9599100
Health care9496100
Housing8196100
Transportation8999100
Utilities8397100

An Overview of Cost of Living in Bellview, FL

Getting a feel for the cost of living in Bellview is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Bellview is 92, which is 8% lower than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.

The cost of living in Bellview closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Bellview can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is Bellview Affordable?

Is Bellview an affordable place to live? It's a good question and one that you might want to ask when considering any new city, as affordability can play a huge role in the decision making process. The cost of living index (which we covered above), as well as housing costs and income levels play a vital role in determining the affordability of an area. The median home price in Bellview is 34.1% lower than the national average, while the average monthly rent prices are 17.1% higher than average. The affordability of any location can also be influenced by median income levels. Bellview has a median household income of $54,922, which is 0.7% lower than the national average.

What Factors can Influence the Cost of Living in Bellview?

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Bellview, healthcare costs are 6.4% lower than the national average.

Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Bellview, the groceries index is 4.7% lower than the national average.

Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.

Where is the Data From?

The cost of living data in Bellview displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in Bellview is 6% lower than the Florida average
  • The cost of living in Bellview is 8% lower than the national average
  • Bellview housing is 19% 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 Bellview

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Compare Bellview, FL Cost of Living

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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$58,409$4,867$1,363$1,752
      Renters$50,363$4,197$1,175$1,511
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Bellview, 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 Bellview homeowners, is $58,409. This would allow for a maximum of $1,363 per month to be spent on housing costs. For renters, the median monthly income is $50,363 which would result in a maximum of $1,175 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 Bellview National avg. Difference
      Haircut $21.34$24.2612.0%
      Beauty Salon $52.41$45.5615.0%
      Toothpaste $3.71$3.700.3%
      Shampoo $1.17$1.288.4%
      Movie $12.99$12.137.1%
      Bowling $20.00$18.0011.1%

      Groceries

      Item Bellview National avg. Difference
      Ground Beef $6.17$5.845.7%
      Fried Chicken $1.67$1.576.2%
      Milk $4.50$4.673.8%
      Potatoes $5.20$4.935.4%
      Pizza $12.56$12.093.9%
      Beer $10.49$10.410.8%

      Health Care

      Item Bellview National avg. Difference
      Optometrist $107.95$125.6814.1%
      Doctor $106.49$135.7821.6%
      Dentist $113.85$113.290.5%
      Ibuprofen $10.06$10.655.6%
      Lipitor $510.84$468.609.0%

      Housing

      Item Bellview National avg. Difference
      Home Price $121,800.00$184,700.0034.1%
      Avg. Mortgage Payment $1,585.50$2,346.6932.4%
      Apartment Rent $1,111.00$949.0017.1%

      Transportation

      Item Bellview National avg. Difference
      Gasoline $3.20$3.467.5%
      Tire Balancing $47.55$59.9220.6%

      Utilities

      Item Bellview National avg. Difference
      All Electricity $142.23$193.9926.7%
      Phone $188.01$192.252.2%
      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.
      Mulat, FL112973.0%
      Dickerson City, FL75973.0%
      Floridatown, FL313973.0%
      Goulding, FL3,9068515.2%
      West Pensacola, FL22,4188515.0%
      Bellview, FL21,314927.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      La Porte, IN21,3288316.8%
      Mountlake Terrace, WA21,32814746.5%
      Montclair, VA21,32914444.2%
      Cartersville, GA21,3311010.6%
      Selden, NY21,33813535.1%
      Bellview, FL21,314927.7%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.