Cost of Living in Carrabelle, FL
Population 3,145 · Florida · Data vintage 2023
(100 = US avg)
Carrabelle 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. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Located 50 miles southwest of Tallahassee, Carrabelle falls within that metro's commuting orbit. Median home values run roughly 46% lower than Tallahassee's $276,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Carrabelle
The median home value in Carrabelle is $149,600 — 51% 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 $57,143/year is 23% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 77.9°F and lows of 60.3°F. Overall, Carrabelle has a cost of living index of 67 versus the US average of 100, meaning it is 33% less expensive.
Carrabelle has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 64 | 66 | 71 | 76 | 84 | 89 | 90 | 89 | 87 | 81 | 73 | 66 |
| Low °F | 44 | 47 | 53 | 58 | 66 | 73 | 75 | 75 | 72 | 62 | 52 | 47 |
| Precip" | 4.06 | 4.17 | 4.34 | 2.91 | 1.87 | 5.86 | 5.74 | 7.79 | 5.38 | 3.63 | 3.74 | 3.59 |
Frequently Asked Questions
What is the cost of living in Carrabelle, FL?
Carrabelle has a cost index of 67 (100 = national average). It is 33% below the national average.
What is average rent in Carrabelle, FL?
The median gross rent in Carrabelle is $1,231 per month based on 2023 Census data.
What is the average home price in Carrabelle?
The median home value in Carrabelle is $149,600 according to Zillow and Census data.
What is the median income in Carrabelle?
The median household income in Carrabelle is $57,143 per year (2023 ACS 5-year estimates).
What is the sales tax in Carrabelle, FL?
The combined state and local sales tax rate in Carrabelle is 7.0%. Florida has no state income tax.
Is Carrabelle, FL affordable?
Yes, Carrabelle is generally considered affordable, with a cost of living index of 67 — about 33% below the US national average of 100.
What is the weather like in Carrabelle?
Carrabelle has average high temperatures of 77.9°F and average lows of 60.3°F. Annual precipitation is 53.1". Data from NOAA 1991–2020 Climate Normals.
Carrabelle at a Glance
- Population
- 3,145
- Median Income
- $57,143
- Home Value
- $149,600
- Median Rent
- $1,231/mo
- Unemployment
- 6.5%
- Avg High Temp
- 77.9°F
- Sales Tax
- 7.0%
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