Cost of Living in Loughman, FL

Population 7,535 · Florida · Data vintage 2023

114
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Loughman is a smaller Florida community of around 8000 residents, where median household incomes of $64,926 and housing costs ($290,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Loughman sits roughly 20 miles southwest of Orlando — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Orlando's $359,000.

Cost Overview

Housing 95
Rent 144

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

About the Cost of Living in Loughman

The median home value in Loughman is $289,600 — 5% below the national median of $305,000. Median rent runs $1,887/month, 44% higher than the national median of $1,314/month. The median household income of $64,926/year is 13% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Loughman has a cost of living index of 114 versus the US average of 100, meaning it is 14% more expensive.

🏠 Housing

Median Home Value
$289,600
5% below avg
Median Rent
$1,887/mo
44% above avg
Price-to-Rent Ratio
12.8x
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 38.4%
Renter-occupied 61.6%

💰 Estimated Monthly Budget

Rent median rent
$1,887
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,501/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
37.1 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.7%

Commute Mode

Drove alone
73.8%
Carpooled
10.6%
Public transit
2.5%
Work from home
11.7%

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
$64,926
13% below avg
Per Capita Income
$32,343
Unemployment Rate
2.3%
52% below avg
Poverty Rate
8.2%
Labor Force Participation
75.3%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 10.0%

👥 Demographics

Median Age 30.9
Male median age 29.8
Female median age 32.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
75.3%
Good air days/yr
101
Max AQI recorded
145
PM2.5 days
220
Ozone days

Frequently Asked Questions

What is the cost of living in Loughman, FL?

Loughman has a cost index of 114 (100 = national average). It is 14% above the national average.

What is average rent in Loughman, FL?

The median gross rent in Loughman is $1,887 per month based on 2023 Census data.

What is the average home price in Loughman?

The median home value in Loughman is $289,600 according to 2023 Census ACS data.

What is the median income in Loughman?

The median household income in Loughman is $64,926 per year (2023 ACS 5-year estimates).

What is the sales tax in Loughman, FL?

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

Is Loughman, FL affordable?

Loughman is above average in cost of living, with an index of 114 — about 14% higher than the national average.

Loughman at a Glance

Population
7,535
Median Income
$64,926
Home Value
$289,600
Median Rent
$1,887/mo
Unemployment
2.3%
Sales Tax
7.0%
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Explore county-level cost of living data

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