Cost of Living in Freeport, FL
Population 6,203 · Florida · Data vintage 2023
(100 = US avg)
Freeport 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. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.
Located 110 miles west of Tallahassee, Freeport is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 37% higher than Tallahassee's $276,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Freeport
The median home value in Freeport is $379,400 — 24% above the national median of $305,000. Median rent runs $1,769/month, 35% higher than the national median of $1,314/month. The median household income of $89,540/year is 20% higher than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Freeport has a cost of living index of 128 versus the US average of 100, meaning it is 28% more expensive.
Freeport 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
Frequently Asked Questions
What is the cost of living in Freeport, FL?
Freeport has a cost index of 128 (100 = national average). It is 28% above the national average.
What is average rent in Freeport, FL?
The median gross rent in Freeport is $1,769 per month based on 2023 Census data.
What is the average home price in Freeport?
The median home value in Freeport is $379,400 according to Zillow and Census data.
What is the median income in Freeport?
The median household income in Freeport is $89,540 per year (2023 ACS 5-year estimates).
What is the sales tax in Freeport, FL?
The combined state and local sales tax rate in Freeport is 7.0%. Florida has no state income tax.
Is Freeport, FL affordable?
Freeport is above average in cost of living, with an index of 128 — about 28% higher than the national average.
Freeport at a Glance
- Population
- 6,203
- Median Income
- $89,540
- Home Value
- $379,400
- Median Rent
- $1,769/mo
- Unemployment
- 3.0%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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