Cost of Living in Callaway, FL

Population 13,297 · Florida · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Callaway stay well under national norms: a median home value of $215,000 against median household incomes of $69,388 gives the city one of the more comfortable price-to-income ratios in Florida.

Callaway lies roughly 80 miles west of the nearest major metro, Tallahassee — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 22% lower than Tallahassee's $276,000.

Cost Overview

Housing 71
Rent 100

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

About the Cost of Living in Callaway

The median home value in Callaway is $215,300 — 29% below the national median of $305,000. Median rent runs $1,319/month, equal to than the national median of $1,314/month. The median household income of $69,388/year is 7% lower than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Callaway has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$215,300
29% below avg
Zillow Home Value
$257,675
Zillow ZHVI
Median Rent
$1,319/mo
0% below avg
Zillow Rent
$1,901/mo
Zillow ZORI
Price-to-Rent Ratio
13.6x
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 59.6%
Renter-occupied 40.4%

💰 Estimated Monthly Budget

Rent median rent
$1,319
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,933/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
26.7 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.8%

Commute Mode

Drove alone
82.8%
Carpooled
10.3%
Public transit
0.2%
Walked
0.8%
Bicycle
1.0%
Work from home
4.8%

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
$69,388
7% below avg
Per Capita Income
$33,698
Unemployment Rate
3.9%
19% below avg
Poverty Rate
8.4%
Labor Force Participation
66.7%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 6.5%

👥 Demographics

Median Age 37.1
Male median age 36.6
Female median age 37.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
48.2%
Good air days/yr
95
Max AQI recorded
292
PM2.5 days
73
Ozone days

Frequently Asked Questions

What is the cost of living in Callaway, FL?

Callaway has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Callaway, FL?

The median gross rent in Callaway is $1,319 per month based on 2023 Census data.

What is the average home price in Callaway?

The median home value in Callaway is $215,300 according to Zillow and Census data.

What is the median income in Callaway?

The median household income in Callaway is $69,388 per year (2023 ACS 5-year estimates).

What is the sales tax in Callaway, FL?

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

Is Callaway, FL affordable?

Yes, Callaway is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

Callaway at a Glance

Population
13,297
Median Income
$69,388
Home Value
$215,300
Median Rent
$1,319/mo
Unemployment
3.9%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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