Cost of Living in Englewood, FL

Population 19,385 · Florida · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in Englewood is 68 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals.

Located 30 miles northwest of Cape Coral, Englewood falls within that metro's commuting orbit. Median home values run roughly 13% lower than Cape Coral's $339,000.

Cost Overview

Housing 97
Rent 93

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

About the Cost of Living in Englewood

The median home value in Englewood is $295,600 — 3% below the national median of $305,000. Median rent runs $1,218/month, 7% lower than the national median of $1,314/month. The median household income of $65,557/year is 12% lower than the US median of $74,580. The local unemployment rate is 5.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Englewood has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$295,600
3% below avg
Zillow Home Value
$319,060
Zillow ZHVI
Median Rent
$1,218/mo
7% below avg
Zillow Rent
$2,072/mo
Zillow ZORI
Price-to-Rent Ratio
20.2x
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 87.3%
Renter-occupied 12.7%

💰 Estimated Monthly Budget

Rent median rent
$1,218
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,832/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
26.8 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.5%

Commute Mode

Drove alone
71.5%
Carpooled
6.3%
Public transit
0.8%
Walked
0.2%
Bicycle
0.6%
Work from home
16.5%

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
$65,557
12% below avg
Per Capita Income
$48,211
Unemployment Rate
5.4%
12% above avg
Poverty Rate
7.4%
Labor Force Participation
29.9%

🎓 Education

Bachelor's degree+ 19.0%
Graduate degree 14.3%

👥 Demographics

Median Age 68.2
Male median age 68.4
Female median age 68.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
63.6%
Good air days/yr
143
Max AQI recorded
224
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in Englewood, FL?

Englewood has a cost index of 95 (100 = national average). It is 5% below the national average.

What is average rent in Englewood, FL?

The median gross rent in Englewood is $1,218 per month based on 2023 Census data.

What is the average home price in Englewood?

The median home value in Englewood is $295,600 according to Zillow and Census data.

What is the median income in Englewood?

The median household income in Englewood is $65,557 per year (2023 ACS 5-year estimates).

What is the sales tax in Englewood, FL?

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

Is Englewood, FL affordable?

Englewood is near the national average in terms of cost of living, with an index of 95 (100 = US average).

Englewood at a Glance

Population
19,385
Median Income
$65,557
Home Value
$295,600
Median Rent
$1,218/mo
Unemployment
5.4%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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