Cost of Living in Crestview, FL

Population 28,046 · Florida · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Crestview lands reasonably close to national benchmarks on most cost indicators, with a median home value of $267,000 — 13% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Crestview lies roughly 90 miles east of the nearest major metro, Mobile — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 56% higher than Mobile's $170,000.

Cost Overview

Housing 87
Rent 100

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

About the Cost of Living in Crestview

The median home value in Crestview is $266,500 — 13% below the national median of $305,000. Median rent runs $1,312/month, equal to than the national median of $1,314/month. The median household income of $69,279/year is 7% lower than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Crestview has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$266,500
13% below avg
Zillow Home Value
$286,947
Zillow ZHVI
Median Rent
$1,312/mo
0% below avg
Zillow Rent
$1,768/mo
Zillow ZORI
Price-to-Rent Ratio
16.9x
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 62.0%
Renter-occupied 38.0%

💰 Estimated Monthly Budget

Rent median rent
$1,312
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,926/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
33.1 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.9%

Commute Mode

Drove alone
76.8%
Carpooled
12.0%
Public transit
0.2%
Walked
1.1%
Bicycle
0.3%
Work from home
8.9%

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
$69,279
7% below avg
Per Capita Income
$31,414
Unemployment Rate
2.7%
45% below avg
Poverty Rate
9.4%
Labor Force Participation
65.5%

🎓 Education

Bachelor's degree+ 14.8%
Graduate degree 8.0%

👥 Demographics

Median Age 32.2
Male median age 30.7
Female median age 32.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
90.5%
Good air days/yr
84
Max AQI recorded
0
PM2.5 days
234
Ozone days

Frequently Asked Questions

What is the cost of living in Crestview, FL?

Crestview has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Crestview, FL?

The median gross rent in Crestview is $1,312 per month based on 2023 Census data.

What is the average home price in Crestview?

The median home value in Crestview is $266,500 according to Zillow and Census data.

What is the median income in Crestview?

The median household income in Crestview is $69,279 per year (2023 ACS 5-year estimates).

What is the sales tax in Crestview, FL?

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

Is Crestview, FL affordable?

Crestview is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Crestview at a Glance

Population
28,046
Median Income
$69,279
Home Value
$266,500
Median Rent
$1,312/mo
Unemployment
2.7%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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