Cost of Living in Bunnell, FL

Population 3,511 · Florida · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Bunnell is a smaller Florida community of around 4000 residents, where median household incomes of $52,564 and housing costs ($248,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.7%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Bunnell is about 65 miles east of Gainesville, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Gainesville's $235,000 median.

Cost Overview

Housing 81
Rent 93

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

About the Cost of Living in Bunnell

The median home value in Bunnell is $247,800 — 19% below the national median of $305,000. Median rent runs $1,228/month, 7% lower than the national median of $1,314/month. The median household income of $52,564/year is 30% lower than the US median of $74,580. The local unemployment rate is 6.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Bunnell has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$247,800
19% below avg
Zillow Home Value
$292,424
Zillow ZHVI
Median Rent
$1,228/mo
7% below avg
Zillow Rent
$1,644/mo
Zillow ZORI
Price-to-Rent Ratio
16.8x
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 52.2%
Renter-occupied 47.8%

💰 Estimated Monthly Budget

Rent median rent
$1,228
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,842/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
25.6 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.8%

Commute Mode

Drove alone
71.4%
Carpooled
7.5%
Walked
4.3%
Bicycle
4.7%
Work from home
10.8%

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
$52,564
30% below avg
Per Capita Income
$25,536
Unemployment Rate
6.7%
39% above avg
Poverty Rate
16.8%
Labor Force Participation
45.8%

🎓 Education

Bachelor's degree+ 7.8%
Graduate degree 7.4%

👥 Demographics

Median Age 47.8
Male median age 46.5
Female median age 48.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
97.3%
Good air days/yr
71
Max AQI recorded
0
PM2.5 days
364
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
18.7:1
Student-teacher ratio
14
Public schools
12,946
Total enrollment

Frequently Asked Questions

What is the cost of living in Bunnell, FL?

Bunnell has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Bunnell, FL?

The median gross rent in Bunnell is $1,228 per month based on 2023 Census data.

What is the average home price in Bunnell?

The median home value in Bunnell is $247,800 according to Zillow and Census data.

What is the median income in Bunnell?

The median household income in Bunnell is $52,564 per year (2023 ACS 5-year estimates).

What is the sales tax in Bunnell, FL?

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

Is Bunnell, FL affordable?

Yes, Bunnell is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

Bunnell at a Glance

Population
3,511
Median Income
$52,564
Home Value
$247,800
Median Rent
$1,228/mo
Unemployment
6.7%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs