Cost Of Living in West Bradenton, 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	West Bradenton	Florida	National
Cost of living	111	98	100
Goods & Services	100	98	100
Groceries	101	99	100
Health care	103	96	100
Housing	137	96	100
Transportation	97	99	100
Utilities	100	97	100

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Cost Of Living Quick Facts

The cost of living in West Bradenton is 14% higher than the Florida average
The cost of living in West Bradenton is 11% higher than the national average
West Bradenton housing is 37% 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	$77,241	$6,437	$1,802	$2,317
Renters	$45,536	$3,795	$1,062	$1,366

A good indicator of the general affordability of housing in West Bradenton, FL, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In West Bradenton, the median monthly income is $77,241 for those who own their own homes. Under the standard rule, that income level would allow for $1,802 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $45,536, per the median income in the area. That would allow for renters to spend up to $1,062 on monthly rental expenses.

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	West Bradenton	National avg.	Difference
Haircut	$26.28	$24.26	8.3%
Beauty Salon	$41.57	$45.56	8.8%
Toothpaste	$3.67	$3.70	1.0%
Shampoo	$1.36	$1.28	6.5%
Movie	$13.08	$12.13	7.8%
Bowling	$16.72	$18.00	7.1%

Groceries

Item	West Bradenton	National avg.	Difference
Ground Beef	$5.02	$5.84	14.0%
Fried Chicken	$1.48	$1.57	6.0%
Milk	$4.54	$4.67	2.8%
Potatoes	$5.47	$4.93	10.9%
Pizza	$10.96	$12.09	9.3%
Beer	$10.58	$10.41	1.6%

Health Care

Item	West Bradenton	National avg.	Difference
Optometrist	$104.04	$125.68	17.2%
Doctor	$122.85	$135.78	9.5%
Dentist	$112.75	$113.29	0.5%
Ibuprofen	$10.35	$10.65	2.9%
Lipitor	$447.95	$468.60	4.4%

Housing

Item	West Bradenton	National avg.	Difference
Home Price	$269,900.00	$184,700.00	46.1%
Avg. Mortgage Payment	$1,781.84	$2,346.69	24.1%
Apartment Rent	$1,097.00	$949.00	15.6%

Transportation

Item	West Bradenton	National avg.	Difference
Gasoline	$3.56	$3.46	2.8%
Tire Balancing	$63.29	$59.92	5.6%

Utilities

Item	West Bradenton	National avg.	Difference
All Electricity	$149.04	$193.99	23.2%
Phone	$193.01	$192.25	0.4%

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.
South Bradenton, FL	24,885	90	10.4%
Whitfield CDP (Santa Rosa County), FL	203	90	10.2%
Bayshore Gardens, FL	20,380	93	7.4%
West Samoset, FL	7,191	94	6.4%
Samoset, FL	4,701	94	5.7%
West Bradenton, FL	3,735	111	11.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Stanley, NC	3,734	95	5.0%
Albia, IA	3,732	83	17.5%
Larned, KS	3,732	82	17.8%
Northumberland, PA	3,732	93	7.5%
Avalon, CA	3,738	174	73.9%
West Bradenton, FL	3,735	111	11.2%

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 West Bradenton, FL