Cost of Living in Buckingham, FL

Population 4,637 · Florida · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buckingham sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.

Geographically, Buckingham sits roughly 7 miles west of Lehigh Acres. Median home values run roughly 56% higher than Lehigh Acres' $263,000.

Cost Overview

Housing 135
Rent 137

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

About the Cost of Living in Buckingham

The median home value in Buckingham is $411,000 — 35% above the national median of $305,000. Median rent runs $1,799/month, 37% higher than the national median of $1,314/month. The median household income of $103,438/year is 39% higher than the US median of $74,580. The local unemployment rate is 2.4%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Buckingham has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$411,000
35% above avg
Median Rent
$1,799/mo
37% above avg
Price-to-Rent Ratio
19.0x
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 92.5%
Renter-occupied 7.5%

💰 Estimated Monthly Budget

Rent median rent
$1,799
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,413/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
32.8 min
21% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.4%

Commute Mode

Drove alone
81.8%
Carpooled
3.7%
Walked
0.8%
Work from home
13.4%

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
$103,438
39% above avg
Per Capita Income
$43,128
Unemployment Rate
2.4%
51% below avg
Poverty Rate
8.6%
Labor Force Participation
58.7%

🎓 Education

Bachelor's degree+ 15.8%
Graduate degree 9.7%

👥 Demographics

Median Age 50
Male median age 53
Female median age 47.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
94.5%
Good air days/yr
101
Max AQI recorded
0
PM2.5 days
363
Ozone days

Frequently Asked Questions

What is the cost of living in Buckingham, FL?

Buckingham has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Buckingham, FL?

The median gross rent in Buckingham is $1,799 per month based on 2023 Census data.

What is the average home price in Buckingham?

The median home value in Buckingham is $411,000 according to 2023 Census ACS data.

What is the median income in Buckingham?

The median household income in Buckingham is $103,438 per year (2023 ACS 5-year estimates).

What is the sales tax in Buckingham, FL?

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

Is Buckingham, FL affordable?

Buckingham is above average in cost of living, with an index of 136 — about 36% higher than the national average.

Buckingham at a Glance

Population
4,637
Median Income
$103,438
Home Value
$411,000
Median Rent
$1,799/mo
Unemployment
2.4%
Sales Tax
7.0%
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Explore county-level cost of living data

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