Cost of Living in Cheval, FL

Population 13,694 · Florida · Data vintage 2023

137
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Cheval a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $486,000.

Located 13 miles north of Tampa, Cheval falls within that metro's commuting orbit. Median home values run roughly 29% higher than Tampa's $375,000.

Cost Overview

Housing 159
Rent 103

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

About the Cost of Living in Cheval

The median home value in Cheval is $485,600 — 59% above the national median of $305,000. Median rent runs $1,350/month, 3% higher than the national median of $1,314/month. The median household income of $92,095/year is 23% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Cheval has a cost of living index of 137 versus the US average of 100, meaning it is 37% more expensive.

🏠 Housing

Median Home Value
$485,600
59% above avg
Median Rent
$1,350/mo
3% above avg
Price-to-Rent Ratio
30.0x
Favors renting
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 57.8%
Renter-occupied 42.2%

💰 Estimated Monthly Budget

Rent median rent
$1,350
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,964/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
32.5 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.0%

Commute Mode

Drove alone
69.1%
Carpooled
6.0%
Walked
0.2%
Work from home
22.0%

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
$92,095
23% above avg
Per Capita Income
$49,820
Unemployment Rate
4.2%
13% below avg
Poverty Rate
5.3%
Labor Force Participation
66.0%

🎓 Education

Bachelor's degree+ 32.0%
Graduate degree 24.6%

👥 Demographics

Median Age 39.1
Male median age 37.7
Female median age 40

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Cheval, FL?

Cheval has a cost index of 137 (100 = national average). It is 37% above the national average.

What is average rent in Cheval, FL?

The median gross rent in Cheval is $1,350 per month based on 2023 Census data.

What is the average home price in Cheval?

The median home value in Cheval is $485,600 according to 2023 Census ACS data.

What is the median income in Cheval?

The median household income in Cheval is $92,095 per year (2023 ACS 5-year estimates).

What is the sales tax in Cheval, FL?

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

Is Cheval, FL affordable?

Cheval is above average in cost of living, with an index of 137 — about 37% higher than the national average.

Cheval at a Glance

Population
13,694
Median Income
$92,095
Home Value
$485,600
Median Rent
$1,350/mo
Unemployment
4.2%
Sales Tax
7.0%
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