The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered. We are providing additional data around those topics that can be helpful to gauge your particular situation. The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make living cost comparisons easily and quickly.

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered. We are providing additional data around those topics that can be helpful to gauge your particular situation. The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make living cost comparisons easily and quickly.

Cost of Living Comparison between Germantown, TN vs Boca Raton, FL

Moving to Boca Raton, FL from Germantown, TN with a salary of $60,000

Thinking about moving to another city? Here are two important questions and the numbers to you will need to answer those questions:

How much more or less will it cost to live in the new city?

Look at the percentage difference between the cost of living where you live now, and the cost of living in the new location.

How much more or less will pay for the same or similar job be in the new city?

Look at the percentage increase or reduction in your salary that you could expect if you were to move to that new location

Using these numbers, we calculated the net change in annual disposable income that a move to the new city will have on your wallet and lifestyle.

View Minimum Wage Values in Germantown and Boca Raton Compared with the Cost of Living

Cost of Living change

Germantown, TN to Boca Raton, FL

31.6%

$50k

$100k

Estimated Salary change

Germantown, TN to Boca Raton, FL

4.8%

$50k

$100k

Think Carefully…

Looks like this move could have a negative net change in disposable income

$-16,080.9

Explanation

The cost of living in Boca Raton, FL is 31.6% higher than in Germantown, TN. You would have to earn a salary of $78,972 to maintain your current standard of living.

Employers in Boca Raton, FL typically pay 4.8% more than employeers in Germantown, TN. The same type of job in the same type of company in Boca Raton, FL will typically pay $62,891.

Cost of Living at Home

Typical Salary at Work

Current Location

Germantown, TN Edit

New Location

Boca Raton, FL Edit

Percent Change

31.6%

4.8%

Current Employment Statistics in Florida.

Employment is up 1.6% over this time last year.

Cost of Living Calculator

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Your Current Salary

Present Location (Home)

Present Location (Work)

New Location (Home)

New Location (Work)

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Comments about the Cost of Living in Boca Raton, FL

If I plan on eating out occasionally will it be affordable in Boca Raton, FL?

Boca Raton, Florida going out to eat at a restaurant and buying food is considered to be affordable. Make sure you take this into account as you plan your overall cost of living in Boca Raton, FL. ( 2024-03-27 salary.com )

Are there good recreational opportunities in or near Boca Raton, FL?

Boca Raton, FL does not have a major sports team, but don’t worry, check out local colleges and high school sports schedules. These games usually have very cheap tickets and the spirit and enthusiasm of the crowd often makes up for the level of skill. ( 2024-03-27 salary.com )

I am moving with children, what should I do to make the move less stressful for them and myself?

Make sure your child has a favorite toy, doll, game, clothing, blanket, snacks, etc. to take with them during the transition. Once you arrive, let your child help with arranging and decorating their new room. You may be tempted to unpack everything when you arrive, but make sure you take a break from unpacking to spend time playing and relaxing with your child. Plan on packing a special bag to take with you with those items that you will need first. Towels, soap, a few basic kitchen utensils and food items like crackers, tea, juice, will make your new location functional as soon as you arrive and fell more like home. A small new toy, book, or video that you give to your child when you arrive might help them to feel happy and relaxed in the new location. ( 2024-03-27 salary.com )

I need to understand how to budget for energy, is the cost electricity going up or down in Boca Raton, Florida?

The cost of electricity in Florida has gone down by 5.407% in the past year. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. ( 2024-03-27 salary.com )

I have a child, how much will child care cost per month in Boca Raton, Florida ?

It is difficult to exactly predict the cost of child care in any city, which for parents, is a large part of the cost of living. There are different arrangements and lengths of time that are needed to care for a child, and costs may vary a lot depending on the services provided. Based on the state average, for Boca Raton child care for a child up to 3 years could cost $8694 per year. Florida, is ranked NO. 32 in annual cost of child care in the U.S. ( 2024-03-27 salary.com )

Should I plan on spending a lot on rent in Boca Raton,FL?

In Boca Raton,FL, my friend pays $3000 for a large 2 bedroom apartment. Since he has 2 children, he needs to have a large apartment. ( 2024-03-27 salary.com )

I need to keep my cost of living under control, is there a lot to do in Boca Raton, Florida that is not very expensive?

Looks for areas of Boca Raton, Florida where there is a large student population. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. Look at the website for Boca Raton, FL to find recommendations for activities that are available and unique to the area. ( 2024-03-27 salary.com )

I know there are many types of taxes that contribute to the cost of living in Boca Raton, Florida, will the overall tax expense be high or low?

Good question. Based on Individual income taxes (which you will pay on earnings), Sales taxes (pay for your purchases), property taxes (on your home or indirectly on your rent), unemployment insurance taxes (from your income), and general business taxes (impacting employers ability to offer jobs and good pay), in Boca Raton, the overall tax climate compared to the rest of the country is the fourth lowest. ( 2024-03-27 salary.com )

Cost of living in Boca Raton, Florida is important, but what about the weather?

The weather in Boca Raton is ideal. Based on data collected by NOAA tiol Climatic Data Center, Boca Raton is considered to have one of the most favorable climates in the country based on comfort and number of days with clear skies. You will enjoy living in Boca Raton, Florida. ( 2024-03-27 salary.com )

Can you save money using public transport?

You could save up to $1,000 per year, depending on your location, by using public transport instead of driving. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. A side benefit is that you may be able to relax, work, or read on the way to work, or get to know and chat with other commuters. Some employers offer employees reduced fee bus or transit passes, so check that out with your employer. ( 2024-03-27 salary.com )

Cost of Living Frequently Asked Questions

What is a Cost of Living index and how is it used?

In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family. ( 2024-03-27 salary.com )

What factors are included in estimating your cost of living?

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison. ( 2024-03-27 salary.com )

The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. ( 2024-03-27 salary.com )

Last Update: 2024-03-27