Cost of Living in Holmes Beach, FL

Population 3,042 · Florida · Data vintage 2023

186
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Holmes Beach run well above the national baseline, with a median of $668,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $99,063 place the city among the better-paid Florida metros. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.

Geographically, Holmes Beach sits roughly 20 miles south of St. Petersburg. Median home values run roughly 101% higher than St. Petersburg's $332,000.

Cost Overview

Housing 219
Rent 136

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

About the Cost of Living in Holmes Beach

The median home value in Holmes Beach is $667,800 — 119% above the national median of $305,000. Median rent runs $1,786/month, 36% higher than the national median of $1,314/month. The median household income of $99,063/year is 33% 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. The climate averages highs of 83.3°F and lows of 64.8°F. Overall, Holmes Beach has a cost of living index of 186 versus the US average of 100, meaning it is 86% more expensive.

🏠 Housing

Median Home Value
$667,800
119% above avg
Zillow Home Value
$255,689
Zillow ZHVI
Median Rent
$1,786/mo
36% above avg
Price-to-Rent Ratio
31.2x
Favors renting
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 88.7%
Renter-occupied 11.3%

💰 Estimated Monthly Budget

Rent median rent
$1,786
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,400/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
34.2 min
27% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.3%

Commute Mode

Drove alone
69.7%
Carpooled
2.4%
Public transit
3.5%
Walked
1.1%
Work from home
20.3%

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
$99,063
33% above avg
Per Capita Income
$77,516
Unemployment Rate
3.0%
38% below avg
Poverty Rate
5.7%
Labor Force Participation
33.3%

🎓 Education

Bachelor's degree+ 35.6%
Graduate degree 26.4%

👥 Demographics

Median Age 69.8
Male median age 71.1
Female median age 68.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
83.3°F
Avg Low
64.8°F
Annual Precip
49"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 737578838890919290868075
Low °F 525558636874757574686055
Precip" 2.791.922.852.462.587.057.399.116.002.761.812.33

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
93.4%
Good air days/yr
90
Max AQI recorded
0
PM2.5 days
362
Ozone days

Frequently Asked Questions

What is the cost of living in Holmes Beach, FL?

Holmes Beach has a cost index of 186 (100 = national average). It is 86% above the national average.

What is average rent in Holmes Beach, FL?

The median gross rent in Holmes Beach is $1,786 per month based on 2023 Census data.

What is the average home price in Holmes Beach?

The median home value in Holmes Beach is $667,800 according to Zillow and Census data.

What is the median income in Holmes Beach?

The median household income in Holmes Beach is $99,063 per year (2023 ACS 5-year estimates).

What is the sales tax in Holmes Beach, FL?

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

Is Holmes Beach, FL affordable?

Holmes Beach is above average in cost of living, with an index of 186 — about 86% higher than the national average.

What is the weather like in Holmes Beach?

Holmes Beach has average high temperatures of 83.3°F and average lows of 64.8°F. Annual precipitation is 49". Data from NOAA 1991–2020 Climate Normals.

Holmes Beach at a Glance

Population
3,042
Median Income
$99,063
Home Value
$667,800
Median Rent
$1,786/mo
Unemployment
3.0%
Avg High Temp
83.3°F
Sales Tax
7.0%
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Explore county-level cost of living data

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