Cost of Living in Lecanto, FL

Population 6,929 · 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

Under 25,000 residents gives Lecanto a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $294,000.

Lecanto sits roughly 25 miles north of Spring Hill — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 18% higher than Spring Hill's $248,000.

Cost Overview

Housing 96
Rent 93

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

About the Cost of Living in Lecanto

The median home value in Lecanto is $293,900 — 4% below the national median of $305,000. Median rent runs $1,221/month, 7% lower than the national median of $1,314/month. The median household income of $52,996/year is 29% lower 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. Overall, Lecanto has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$293,900
4% below avg
Zillow Home Value
$333,397
Zillow ZHVI
Median Rent
$1,221/mo
7% below avg
Price-to-Rent Ratio
20.1x
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 88.9%
Renter-occupied 11.1%

💰 Estimated Monthly Budget

Rent median rent
$1,221
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,835/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
35.7 min
32% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.9%

Commute Mode

Drove alone
81.0%
Carpooled
4.0%
Work from home
13.9%

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
$52,996
29% below avg
Per Capita Income
$30,320
Unemployment Rate
3.0%
37% below avg
Poverty Rate
6.7%
Labor Force Participation
40.7%

🎓 Education

Bachelor's degree+ 12.0%
Graduate degree 8.2%

👥 Demographics

Median Age 45.3
Male median age 45.1
Female median age 46

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 45 — Good
65.2%
Good air days/yr
118
Max AQI recorded
353
PM2.5 days
0
Ozone days

Frequently Asked Questions

What is the cost of living in Lecanto, FL?

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

What is average rent in Lecanto, FL?

The median gross rent in Lecanto is $1,221 per month based on 2023 Census data.

What is the average home price in Lecanto?

The median home value in Lecanto is $293,900 according to Zillow and Census data.

What is the median income in Lecanto?

The median household income in Lecanto is $52,996 per year (2023 ACS 5-year estimates).

What is the sales tax in Lecanto, FL?

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

Is Lecanto, FL affordable?

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