Cost of Living in Frostproof, FL
Population 3,289 · Florida · Data vintage 2023
(100 = US avg)
The median resident in Frostproof is 55 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. At 7.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Frostproof is about 35 miles southeast of Lakeland, the nearest large metro. Median home values run roughly 47% lower than Lakeland's $229,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Frostproof
The median home value in Frostproof is $120,500 — 60% below the national median of $305,000. Median rent runs $691/month, 47% lower than the national median of $1,314/month. The median household income of $39,301/year is 47% lower than the US median of $74,580. The local unemployment rate is 7.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Frostproof has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.
Frostproof 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 Frostproof, FL?
Frostproof has a cost index of 45 (100 = national average). It is 55% below the national average.
What is average rent in Frostproof, FL?
The median gross rent in Frostproof is $691 per month based on 2023 Census data.
What is the average home price in Frostproof?
The median home value in Frostproof is $120,500 according to Zillow and Census data.
What is the median income in Frostproof?
The median household income in Frostproof is $39,301 per year (2023 ACS 5-year estimates).
What is the sales tax in Frostproof, FL?
The combined state and local sales tax rate in Frostproof is 7.0%. Florida has no state income tax.
Is Frostproof, FL affordable?
Yes, Frostproof is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.
Frostproof at a Glance
- Population
- 3,289
- Median Income
- $39,301
- Home Value
- $120,500
- Median Rent
- $691/mo
- Unemployment
- 7.5%
- Sales Tax
- 7.0%
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Explore county-level cost of living data
Florida Rankings
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