Cost of Living in Gulfport, FL

Population 11,735 · Florida · Data vintage 2023

111
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gulfport skews considerably older than the national median, with an average age of 58. Reported household income of $68,617 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Located <5 miles west of St. Petersburg, Gulfport falls within that metro's commuting orbit. Housing prices track closely with St. Petersburg's $332,000 median.

Cost Overview

Housing 110
Rent 113

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

About the Cost of Living in Gulfport

The median home value in Gulfport is $335,100 — 10% above the national median of $305,000. Median rent runs $1,487/month, 13% higher than the national median of $1,314/month. The median household income of $68,617/year is 8% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Gulfport has a cost of living index of 111 versus the US average of 100, meaning it is 11% more expensive.

🏠 Housing

Median Home Value
$335,100
10% above avg
Zillow Home Value
$347,178
Zillow ZHVI
Median Rent
$1,487/mo
13% above avg
Zillow Rent
$2,021/mo
Zillow ZORI
Price-to-Rent Ratio
18.8x
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 74.5%
Renter-occupied 25.5%

💰 Estimated Monthly Budget

Rent median rent
$1,487
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,101/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
25.1 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.7%

Commute Mode

Drove alone
66.2%
Carpooled
3.0%
Walked
6.3%
Bicycle
0.7%
Work from home
21.7%

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
$68,617
8% below avg
Per Capita Income
$51,497
Unemployment Rate
6.4%
33% above avg
Poverty Rate
14.1%
Labor Force Participation
49.3%

🎓 Education

Bachelor's degree+ 21.9%
Graduate degree 18.0%

👥 Demographics

Median Age 58.2
Male median age 58
Female median age 58.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Gulfport, FL?

Gulfport has a cost index of 111 (100 = national average). It is 11% above the national average.

What is average rent in Gulfport, FL?

The median gross rent in Gulfport is $1,487 per month based on 2023 Census data.

What is the average home price in Gulfport?

The median home value in Gulfport is $335,100 according to Zillow and Census data.

What is the median income in Gulfport?

The median household income in Gulfport is $68,617 per year (2023 ACS 5-year estimates).

What is the sales tax in Gulfport, FL?

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

Is Gulfport, FL affordable?

Gulfport is above average in cost of living, with an index of 111 — about 11% higher than the national average.