Cost of Living in Green Cove Springs, FL

Population 9,937 · Florida · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Green Cove Springs is a smaller Florida community of around 10000 residents, where median household incomes of $66,907 and housing costs ($283,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 25 miles south of Jacksonville, Green Cove Springs falls within that metro's commuting orbit. Housing prices track closely with Jacksonville's $266,000 median.

Cost Overview

Housing 93
Rent 98

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

About the Cost of Living in Green Cove Springs

The median home value in Green Cove Springs is $283,200 — 7% below the national median of $305,000. Median rent runs $1,285/month, 2% lower than the national median of $1,314/month. The median household income of $66,907/year is 10% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Green Cove Springs has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$283,200
7% below avg
Zillow Home Value
$336,120
Zillow ZHVI
Median Rent
$1,285/mo
2% below avg
Zillow Rent
$2,027/mo
Zillow ZORI
Price-to-Rent Ratio
18.4x
Favors buying
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 77.6%
Renter-occupied 22.4%

💰 Estimated Monthly Budget

Rent median rent
$1,285
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,899/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
31.3 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.8%

Commute Mode

Drove alone
63.4%
Carpooled
11.7%
Walked
7.2%
Bicycle
0.9%
Work from home
14.8%

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
$66,907
10% below avg
Per Capita Income
$33,085
Unemployment Rate
4.9%
1% above avg
Poverty Rate
10.4%
Labor Force Participation
55.0%

🎓 Education

Bachelor's degree+ 19.9%
Graduate degree 7.8%

👥 Demographics

Median Age 43
Male median age 38.5
Female median age 47.1

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
52
Public schools
38,698
Total enrollment

Frequently Asked Questions

What is the cost of living in Green Cove Springs, FL?

Green Cove Springs has a cost index of 95 (100 = national average). It is 5% below the national average.

What is average rent in Green Cove Springs, FL?

The median gross rent in Green Cove Springs is $1,285 per month based on 2023 Census data.

What is the average home price in Green Cove Springs?

The median home value in Green Cove Springs is $283,200 according to Zillow and Census data.

What is the median income in Green Cove Springs?

The median household income in Green Cove Springs is $66,907 per year (2023 ACS 5-year estimates).

What is the sales tax in Green Cove Springs, FL?

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

Is Green Cove Springs, FL affordable?

Green Cove Springs is near the national average in terms of cost of living, with an index of 95 (100 = US average).

Green Cove Springs at a Glance

Population
9,937
Median Income
$66,907
Home Value
$283,200
Median Rent
$1,285/mo
Unemployment
4.9%
Sales Tax
7.0%
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Explore county-level cost of living data

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