Watertown, Connecticut vs. Boynton Beach, Florida

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  27.1% lower in Boynton Beach, Florida
than in Watertown, Connecticut
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Watertown, CT    Boynton Beach, FL    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Watertown, Connecticut, we will also give you your estimated taxes in Boynton Beach, Florida.
Watertown, CTBoynton Beach, FLDifference
2019 Federal Inc. Tax$32,047$32,047 
State Income Taxes$8,350$0  $8,350 lower
Sales Taxes$2,233$2,462  $229 higher
Real Estate Taxes$4,280$2,650  $1,630 lower
Motor Vehicle Taxes$634$0  $634 lower
Total Taxes$47,544$37,159  $10,385 higher
Marginal Rate6.0%0.0%
Effective Rate4.9%0.0%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Watertown, CTBoynton Beach, FL
Tax Social SecurityYesNo
Social Security NoteExempt for individual taxpayers with federal AGI less than $75,000 and married taxpayers filing jointly with federal AGI less than $100,000 
   Estimated sales tax
      State level, based on annual income of $75,000
Watertown, CT    Boynton Beach, FL    U.S. Avg
   Tax on food
Watertown, CTBoynton Beach, FL
Sales Tax On FoodNoNo
   Real estate tax
Watertown, CT    Boynton Beach, FL    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Watertown, CT    Boynton Beach, FL    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Watertown, CT    Boynton Beach, FL    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care