Cost of Living in Alturas, FL

Population 3,866 · Florida · Data vintage 2023

61
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Alturas offers a notably favorable income-to-housing ratio for its region. The typical home — $165,000 — costs less than 2.4 times median household income of $68,955, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located 20 miles southeast of Lakeland, Alturas falls within that metro's commuting orbit. Median home values run roughly 28% lower than Lakeland's $229,000.

Cost Overview

Housing 54
Rent 72

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Alturas

The median home value in Alturas is $164,500 — 46% below the national median of $305,000. Median rent runs $941/month, 28% lower than the national median of $1,314/month. The median household income of $68,955/year is 8% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Alturas has a cost of living index of 61 versus the US average of 100, meaning it is 39% less expensive.

🏠 Housing

Median Home Value
$164,500
46% below avg
Median Rent
$941/mo
28% below avg
Price-to-Rent Ratio
14.6x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 83.7%
Renter-occupied 16.3%

💰 Estimated Monthly Budget

Rent median rent
$941
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,555/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
33.0 min
22% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.1%

Commute Mode

Drove alone
81.2%
Carpooled
13.3%
Walked
0.5%
Work from home
5.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$68,955
8% below avg
Per Capita Income
$27,535
Unemployment Rate
6.4%
33% above avg
Poverty Rate
14.6%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 5.1%
Graduate degree 2.8%

👥 Demographics

Median Age 35.8
Male median age 32.9
Female median age 39.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
75.3%
Good air days/yr
101
Max AQI recorded
145
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Alturas, FL?

Alturas has a cost index of 61 (100 = national average). It is 39% below the national average.

What is average rent in Alturas, FL?

The median gross rent in Alturas is $941 per month based on 2023 Census data.

What is the average home price in Alturas?

The median home value in Alturas is $164,500 according to 2023 Census ACS data.

What is the median income in Alturas?

The median household income in Alturas is $68,955 per year (2023 ACS 5-year estimates).

What is the sales tax in Alturas, FL?

The combined state and local sales tax rate in Alturas is 7.0%. Florida has no state income tax.

Is Alturas, FL affordable?

Yes, Alturas is generally considered affordable, with a cost of living index of 61 — about 39% below the US national average of 100.

Alturas at a Glance

Population
3,866
Median Income
$68,955
Home Value
$164,500
Median Rent
$941/mo
Unemployment
6.4%
Sales Tax
7.0%
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