Cost of Living in Lower Grand Lagoon, FL

Population 4,305 · Florida · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lower Grand Lagoon is a smaller Florida community of around 4000 residents, where median household incomes of $77,639 and housing costs ($347,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 90 miles west of Tallahassee, Lower Grand Lagoon is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 26% higher than Tallahassee's $276,000.

Cost Overview

Housing 114
Rent 94

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

About the Cost of Living in Lower Grand Lagoon

The median home value in Lower Grand Lagoon is $347,300 — 14% above the national median of $305,000. Median rent runs $1,235/month, 6% lower than the national median of $1,314/month. The median household income of $77,639/year is 4% higher than the US median of $74,580. The local unemployment rate is 4.0%, 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 78.6°F and lows of 60.9°F. Overall, Lower Grand Lagoon has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$347,300
14% above avg
Median Rent
$1,235/mo
6% below avg
Price-to-Rent Ratio
23.4x
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 68.3%
Renter-occupied 31.7%

💰 Estimated Monthly Budget

Rent median rent
$1,235
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,849/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
24.7 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.4%

Commute Mode

Drove alone
71.0%
Carpooled
6.5%
Public transit
3.0%
Walked
1.1%
Work from home
18.4%

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
$77,639
4% above avg
Per Capita Income
$54,357
Unemployment Rate
4.0%
16% below avg
Poverty Rate
13.3%
Labor Force Participation
59.1%

🎓 Education

Bachelor's degree+ 22.7%
Graduate degree 13.9%

👥 Demographics

Median Age 54
Male median age 54.8
Female median age 52.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
78.6°F
Avg Low
60.9°F
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 636772778589919089827266
Low °F 454853606774767571625247

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
48.2%
Good air days/yr
95
Max AQI recorded
292
PM2.5 days
73
Ozone days

Frequently Asked Questions

What is the cost of living in Lower Grand Lagoon, FL?

Lower Grand Lagoon has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in Lower Grand Lagoon, FL?

The median gross rent in Lower Grand Lagoon is $1,235 per month based on 2023 Census data.

What is the average home price in Lower Grand Lagoon?

The median home value in Lower Grand Lagoon is $347,300 according to 2023 Census ACS data.

What is the median income in Lower Grand Lagoon?

The median household income in Lower Grand Lagoon is $77,639 per year (2023 ACS 5-year estimates).

What is the sales tax in Lower Grand Lagoon, FL?

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

Is Lower Grand Lagoon, FL affordable?

Lower Grand Lagoon is near the national average in terms of cost of living, with an index of 106 (100 = US average).

What is the weather like in Lower Grand Lagoon?

Lower Grand Lagoon has average high temperatures of 78.6°F and average lows of 60.9°F. Data from NOAA 1991–2020 Climate Normals.

Lower Grand Lagoon at a Glance

Population
4,305
Median Income
$77,639
Home Value
$347,300
Median Rent
$1,235/mo
Unemployment
4.0%
Avg High Temp
78.6°F
Sales Tax
7.0%
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