Cost of Living in Largo, FL

Population 82,506 · Florida · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Largo's cost indicators track within a reasonable band of national figures, with median household incomes near $60,465 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Largo sits roughly 5 miles south of Clearwater — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Clearwater's $326,000.

Cost Overview

Housing 68
Rent 113

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

About the Cost of Living in Largo

The median home value in Largo is $208,500 — 32% below the national median of $305,000. Median rent runs $1,482/month, 13% higher than the national median of $1,314/month. The median household income of $60,465/year is 19% lower than the US median of $74,580. The local unemployment rate is 4.3%, 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 82.0°F and lows of 65.8°F. Overall, Largo has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$208,500
32% below avg
Zillow Home Value
$329,801
Zillow ZHVI
Median Rent
$1,482/mo
13% above avg
Zillow Rent
$1,827/mo
Zillow ZORI
Price-to-Rent Ratio
11.7x
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 61.1%
Renter-occupied 38.9%

💰 Estimated Monthly Budget

Rent median rent
$1,482
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,096/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
25.7 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
77.5%
Carpooled
7.1%
Public transit
0.7%
Walked
1.3%
Bicycle
0.5%
Work from home
11.3%

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
$60,465
19% below avg
Per Capita Income
$36,322
Unemployment Rate
4.3%
11% below avg
Poverty Rate
12.1%
Labor Force Participation
59.5%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 8.9%

👥 Demographics

Median Age 48.4
Male median age 46.5
Female median age 49.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
82.0°F
Avg Low
65.8°F
Annual Precip
53.6"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 717377828790909189847773
Low °F 535559647075767675706156
Precip" 2.622.382.432.572.738.869.738.836.402.491.642.94

💨 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

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
13.5:1
Student-teacher ratio
157
Public schools
99,772
Total enrollment

Frequently Asked Questions

What is the cost of living in Largo, FL?

Largo has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Largo, FL?

The median gross rent in Largo is $1,482 per month based on 2023 Census data.

What is the average home price in Largo?

The median home value in Largo is $208,500 according to Zillow and Census data.

What is the median income in Largo?

The median household income in Largo is $60,465 per year (2023 ACS 5-year estimates).

What is the sales tax in Largo, FL?

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

Is Largo, FL affordable?

Yes, Largo is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Largo?

Largo has average high temperatures of 82.0°F and average lows of 65.8°F. Annual precipitation is 53.6". Data from NOAA 1991–2020 Climate Normals.

Largo at a Glance

Population
82,506
Median Income
$60,465
Home Value
$208,500
Median Rent
$1,482/mo
Unemployment
4.3%
Avg High Temp
82.0°F
Sales Tax
7.0%
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