Cost of Living in Floral City, FL
Population 5,467 · Florida · Data vintage 2023
(100 = US avg)
With a median age of 61, Floral City functions largely as a retirement market. Housing costs — $216,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons.
Geographically, Floral City sits roughly 20 miles northeast of Spring Hill. Median home values run roughly 13% lower than Spring Hill's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Floral City
The median home value in Floral City is $216,100 — 29% below the national median of $305,000. Median rent runs $504/month, 62% lower than the national median of $1,314/month. The median household income of $59,000/year is 21% lower than the US median of $74,580. The local unemployment rate is 5.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Floral City has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
Floral City has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Floral City, FL?
Floral City has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Floral City, FL?
The median gross rent in Floral City is $504 per month based on 2023 Census data.
What is the average home price in Floral City?
The median home value in Floral City is $216,100 according to Zillow and Census data.
What is the median income in Floral City?
The median household income in Floral City is $59,000 per year (2023 ACS 5-year estimates).
What is the sales tax in Floral City, FL?
The combined state and local sales tax rate in Floral City is 7.0%. Florida has no state income tax.
Is Floral City, FL affordable?
Yes, Floral City is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
Floral City at a Glance
- Population
- 5,467
- Median Income
- $59,000
- Home Value
- $216,100
- Median Rent
- $504/mo
- Unemployment
- 5.7%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs