Cost of Living in Dundee, FL

Population 5,604 · Florida · Data vintage 2023

93
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dundee's median household income of $41,550 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (28% here). An unemployment rate of 0.7% points to a labor market well on the tight side of the national distribution.

Located 20 miles east of Lakeland, Dundee falls within that metro's commuting orbit. Housing prices track closely with Lakeland's $229,000 median.

Cost Overview

Housing 74
Rent 122

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

About the Cost of Living in Dundee

The median home value in Dundee is $224,500 — 26% below the national median of $305,000. Median rent runs $1,600/month, 22% higher than the national median of $1,314/month. The median household income of $41,550/year is 44% lower than the US median of $74,580. The local unemployment rate is 0.7%, 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 84.2°F and lows of 64.9°F. Overall, Dundee has a cost of living index of 93 versus the US average of 100, meaning it is 7% less expensive.

🏠 Housing

Median Home Value
$224,500
26% below avg
Zillow Home Value
$260,498
Zillow ZHVI
Median Rent
$1,600/mo
22% above avg
Zillow Rent
$1,948/mo
Zillow ZORI
Price-to-Rent Ratio
11.7x
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 67.0%
Renter-occupied 33.0%

💰 Estimated Monthly Budget

Rent median rent
$1,600
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,214/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
38.8 min
44% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.7%

Commute Mode

Drove alone
76.2%
Carpooled
11.5%
Walked
0.6%
Bicycle
1.3%
Work from home
7.7%

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
$41,550
44% below avg
Per Capita Income
$20,041
Unemployment Rate
0.7%
85% below avg
Poverty Rate
28.0%
Labor Force Participation
56.4%

🎓 Education

Bachelor's degree+ 8.0%
Graduate degree 1.3%

👥 Demographics

Median Age 32.9
Male median age 32.7
Female median age 33.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
84.2°F
Avg Low
64.9°F
Annual Precip
46.1"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 737680859092939391868074
Low °F 525559636974757674686055
Precip" 2.492.443.042.502.677.367.446.525.312.221.452.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
75.3%
Good air days/yr
101
Max AQI recorded
145
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Dundee, FL?

Dundee has a cost index of 93 (100 = national average). It is 7% below the national average.

What is average rent in Dundee, FL?

The median gross rent in Dundee is $1,600 per month based on 2023 Census data.

What is the average home price in Dundee?

The median home value in Dundee is $224,500 according to Zillow and Census data.

What is the median income in Dundee?

The median household income in Dundee is $41,550 per year (2023 ACS 5-year estimates).

What is the sales tax in Dundee, FL?

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

Is Dundee, FL affordable?

Dundee is near the national average in terms of cost of living, with an index of 93 (100 = US average).

What is the weather like in Dundee?

Dundee has average high temperatures of 84.2°F and average lows of 64.9°F. Annual precipitation is 46.1". Data from NOAA 1991–2020 Climate Normals.

Dundee at a Glance

Population
5,604
Median Income
$41,550
Home Value
$224,500
Median Rent
$1,600/mo
Unemployment
0.7%
Avg High Temp
84.2°F
Sales Tax
7.0%
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