Cost of Living in Florida City, FL

Population 12,791 · Florida · Data vintage 2023

110
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Household incomes in Florida City run well below national norms — a median of $47,754 versus the $74,580 US figure. Housing costs and rents do not fully compensate for the earnings difference. A poverty rate near 31% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Geographically, Florida City is about 30 miles southwest of Miami, the nearest large metro. Median home values run roughly 26% lower than Miami's $475,000.

Cost Overview

Housing 116
Rent 101

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

About the Cost of Living in Florida City

The median home value in Florida City is $353,200 — 16% above the national median of $305,000. Median rent runs $1,328/month, 1% higher than the national median of $1,314/month. The median household income of $47,754/year is 36% 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, Florida City has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$353,200
16% above avg
Zillow Home Value
$367,358
Zillow ZHVI
Median Rent
$1,328/mo
1% above avg
Zillow Rent
$2,522/mo
Zillow ZORI
Price-to-Rent Ratio
22.2x
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 30.6%
Renter-occupied 69.4%

💰 Estimated Monthly Budget

Rent median rent
$1,328
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,942/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
39.2 min
45% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
76.6%
Carpooled
10.3%
Public transit
2.9%
Walked
0.8%
Work from home
7.6%

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
$47,754
36% below avg
Per Capita Income
$19,215
Unemployment Rate
5.7%
19% above avg
Poverty Rate
31.0%
Labor Force Participation
49.0%

🎓 Education

Bachelor's degree+ 3.9%
Graduate degree 3.6%

👥 Demographics

Median Age 32.8
Male median age 34.2
Female median age 32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.7%
Good air days/yr
170
Max AQI recorded
272
PM2.5 days
76
Ozone days

Frequently Asked Questions

What is the cost of living in Florida City, FL?

Florida City has a cost index of 110 (100 = national average). It is 10% above the national average.

What is average rent in Florida City, FL?

The median gross rent in Florida City is $1,328 per month based on 2023 Census data.

What is the average home price in Florida City?

The median home value in Florida City is $353,200 according to Zillow and Census data.

What is the median income in Florida City?

The median household income in Florida City is $47,754 per year (2023 ACS 5-year estimates).

What is the sales tax in Florida City, FL?

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

Is Florida City, FL affordable?

Florida City is near the national average in terms of cost of living, with an index of 110 (100 = US average).

Florida City at a Glance

Population
12,791
Median Income
$47,754
Home Value
$353,200
Median Rent
$1,328/mo
Unemployment
5.7%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

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