Cost of Living in Bayonet Point, FL
Population 23,787 · Florida · Data vintage 2023
(100 = US avg)
At $42,157, median household incomes in Bayonet Point land roughly 43% below the US median, a gap that tends to persist across local labor-market indicators. Rent burden runs high: typical rents of $1,231/month consume roughly 35% of median household income, past the 30% threshold most affordability frameworks flag as strained.
Geographically, Bayonet Point sits roughly 14 miles southwest of Spring Hill. Median home values run roughly 36% lower than Spring Hill's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Bayonet Point
The median home value in Bayonet Point is $160,000 — 48% below the national median of $305,000. Median rent runs $1,231/month, 6% lower than the national median of $1,314/month. The median household income of $42,157/year is 43% lower than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Bayonet Point has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Bayonet Point, FL?
Bayonet Point has a cost index of 69 (100 = national average). It is 31% below the national average.
What is average rent in Bayonet Point, FL?
The median gross rent in Bayonet Point is $1,231 per month based on 2023 Census data.
What is the average home price in Bayonet Point?
The median home value in Bayonet Point is $160,000 according to 2023 Census ACS data.
What is the median income in Bayonet Point?
The median household income in Bayonet Point is $42,157 per year (2023 ACS 5-year estimates).
What is the sales tax in Bayonet Point, FL?
The combined state and local sales tax rate in Bayonet Point is 7.0%. Florida has no state income tax.
Is Bayonet Point, FL affordable?
Yes, Bayonet Point is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.
Bayonet Point at a Glance
- Population
- 23,787
- Median Income
- $42,157
- Home Value
- $160,000
- Median Rent
- $1,231/mo
- Unemployment
- 5.6%
- Sales Tax
- 7.0%
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