Cost of Living in Goulding, FL
Population 3,448 · Florida · Data vintage 2023
(100 = US avg)
Household incomes in Goulding run well below national norms — a median of $27,299 versus the $74,580 US figure. Housing costs partially offset that gap (typical home values around $87,000). A poverty rate near 36% 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.
Goulding is about 55 miles east of Mobile, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 49% lower than Mobile's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Goulding
The median home value in Goulding is $86,800 — 72% below the national median of $305,000. Median rent runs $1,077/month, 18% lower than the national median of $1,314/month. The median household income of $27,299/year is 63% lower than the US median of $74,580. The local unemployment rate is 21.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 78.6°F and lows of 60.3°F. Overall, Goulding has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.
Goulding 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 63 | 66 | 72 | 78 | 85 | 90 | 92 | 91 | 89 | 81 | 72 | 65 |
| Low °F | 44 | 47 | 53 | 59 | 67 | 74 | 75 | 75 | 72 | 62 | 51 | 46 |
| Precip" | 5.03 | 4.77 | 5.25 | 5.52 | 3.90 | 7.32 | 7.89 | 7.50 | 6.61 | 4.70 | 4.42 | 5.40 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Goulding, FL?
Goulding has a cost index of 50 (100 = national average). It is 50% below the national average.
What is average rent in Goulding, FL?
The median gross rent in Goulding is $1,077 per month based on 2023 Census data.
What is the average home price in Goulding?
The median home value in Goulding is $86,800 according to 2023 Census ACS data.
What is the median income in Goulding?
The median household income in Goulding is $27,299 per year (2023 ACS 5-year estimates).
What is the sales tax in Goulding, FL?
The combined state and local sales tax rate in Goulding is 7.0%. Florida has no state income tax.
Is Goulding, FL affordable?
Yes, Goulding is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.
What is the weather like in Goulding?
Goulding has average high temperatures of 78.6°F and average lows of 60.3°F. Annual precipitation is 68.3". Data from NOAA 1991–2020 Climate Normals.
Goulding at a Glance
- Population
- 3,448
- Median Income
- $27,299
- Home Value
- $86,800
- Median Rent
- $1,077/mo
- Unemployment
- 21.6%
- Avg High Temp
- 78.6°F
- 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