Cost of Living in Destin, FL

Population 14,018 · Florida · Data vintage 2023

148
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Destin 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. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.

Geographically, Destin lies roughly 100 miles east of the nearest major metro, Mobile. Median home values run roughly 167% higher than Mobile's $170,000.

Cost Overview

Housing 149
Rent 146

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

About the Cost of Living in Destin

The median home value in Destin is $455,100 — 49% above the national median of $305,000. Median rent runs $1,913/month, 46% higher than the national median of $1,314/month. The median household income of $89,141/year is 20% higher than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.1°F and lows of 61.4°F. Overall, Destin has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.

🏠 Housing

Median Home Value
$455,100
49% above avg
Zillow Home Value
$610,329
Zillow ZHVI
Median Rent
$1,913/mo
46% above avg
Zillow Rent
$2,034/mo
Zillow ZORI
Price-to-Rent Ratio
19.8x
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 69.8%
Renter-occupied 30.2%

💰 Estimated Monthly Budget

Rent median rent
$1,913
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,527/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
25.9 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.3%

Commute Mode

Drove alone
73.7%
Carpooled
6.7%
Public transit
0.6%
Walked
2.2%
Bicycle
0.5%
Work from home
15.3%

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
$89,141
20% above avg
Per Capita Income
$57,600
Unemployment Rate
1.6%
66% below avg
Poverty Rate
7.6%
Labor Force Participation
68.4%

🎓 Education

Bachelor's degree+ 31.3%
Graduate degree 14.7%

👥 Demographics

Median Age 41.5
Male median age 40.6
Female median age 42.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.1°F
Avg Low
61.4°F
Annual Precip
55.4"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636671768489919189817266
Low °F 454854606874767672635348
Precip" 4.524.964.704.553.224.705.776.085.182.824.134.72

💨 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 Destin, FL?

Destin has a cost index of 148 (100 = national average). It is 48% above the national average.

What is average rent in Destin, FL?

The median gross rent in Destin is $1,913 per month based on 2023 Census data.

What is the average home price in Destin?

The median home value in Destin is $455,100 according to Zillow and Census data.

What is the median income in Destin?

The median household income in Destin is $89,141 per year (2023 ACS 5-year estimates).

What is the sales tax in Destin, FL?

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

Is Destin, FL affordable?

Destin is above average in cost of living, with an index of 148 — about 48% higher than the national average.

What is the weather like in Destin?

Destin has average high temperatures of 78.1°F and average lows of 61.4°F. Annual precipitation is 55.4". Data from NOAA 1991–2020 Climate Normals.

Destin at a Glance

Population
14,018
Median Income
$89,141
Home Value
$455,100
Median Rent
$1,913/mo
Unemployment
1.6%
Avg High Temp
78.1°F
Sales Tax
7.0%
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Explore county-level cost of living data

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