Cost of Living in Keystone, FL

Population 26,723 · Florida · Data vintage 2023

187
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Keystone sits 98% above the national median — $605,000 for the typical home — but median household incomes near $155,365 (108% above the US figure) soften the blow that similar pricing creates in lower-wage metros. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Located 14 miles northwest of Tampa, Keystone falls within that metro's commuting orbit. Median home values run roughly 61% higher than Tampa's $375,000.

Cost Overview

Housing 198
Rent 169

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

About the Cost of Living in Keystone

The median home value in Keystone is $604,800 — 98% above the national median of $305,000. Median rent runs $2,227/month, 69% higher than the national median of $1,314/month. The median household income of $155,365/year is 108% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Keystone has a cost of living index of 187 versus the US average of 100, meaning it is 87% more expensive.

🏠 Housing

Median Home Value
$604,800
98% above avg
Median Rent
$2,227/mo
69% above avg
Price-to-Rent Ratio
22.6x
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 91.0%
Renter-occupied 8.9%

💰 Estimated Monthly Budget

Rent median rent
$2,227
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,841/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
34.5 min
28% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.5%

Commute Mode

Drove alone
65.9%
Carpooled
4.9%
Walked
0.5%
Work from home
27.5%

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
$155,365
108% above avg
Per Capita Income
$69,923
Unemployment Rate
2.9%
40% below avg
Poverty Rate
4.2%
Labor Force Participation
63.6%

🎓 Education

Bachelor's degree+ 33.7%
Graduate degree 25.7%

👥 Demographics

Median Age 45.7
Male median age 46.5
Female median age 45.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Keystone, FL?

Keystone has a cost index of 187 (100 = national average). It is 87% above the national average.

What is average rent in Keystone, FL?

The median gross rent in Keystone is $2,227 per month based on 2023 Census data.

What is the average home price in Keystone?

The median home value in Keystone is $604,800 according to 2023 Census ACS data.

What is the median income in Keystone?

The median household income in Keystone is $155,365 per year (2023 ACS 5-year estimates).

What is the sales tax in Keystone, FL?

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

Is Keystone, FL affordable?

Keystone is above average in cost of living, with an index of 187 — about 87% higher than the national average.

Keystone at a Glance

Population
26,723
Median Income
$155,365
Home Value
$604,800
Median Rent
$2,227/mo
Unemployment
2.9%
Sales Tax
7.0%
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