Cost of Living in Lutz, FL

Population 26,731 · Florida · Data vintage 2023

139
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Lutz's cost indicators track within a reasonable band of national figures, with median household incomes near $114,516 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Located 12 miles north of Tampa, Lutz falls within that metro's commuting orbit. Median home values run roughly 20% higher than Tampa's $375,000.

Cost Overview

Housing 148
Rent 125

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

About the Cost of Living in Lutz

The median home value in Lutz is $451,800 — 48% above the national median of $305,000. Median rent runs $1,648/month, 25% higher than the national median of $1,314/month. The median household income of $114,516/year is 54% 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, Lutz has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$451,800
48% above avg
Zillow Home Value
$479,388
Zillow ZHVI
Median Rent
$1,648/mo
25% above avg
Zillow Rent
$1,915/mo
Zillow ZORI
Price-to-Rent Ratio
22.8x
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 79.4%
Renter-occupied 20.6%

💰 Estimated Monthly Budget

Rent median rent
$1,648
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,262/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
22.3%

Commute Mode

Drove alone
71.0%
Carpooled
5.3%
Public transit
0.2%
Walked
0.9%
Work from home
22.3%

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
$114,516
54% above avg
Per Capita Income
$55,281
Unemployment Rate
2.9%
39% below avg
Poverty Rate
5.5%
Labor Force Participation
66.3%

🎓 Education

Bachelor's degree+ 26.4%
Graduate degree 24.2%

👥 Demographics

Median Age 40.2
Male median age 40.6
Female median age 39.8

💨 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 Lutz, FL?

Lutz has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Lutz, FL?

The median gross rent in Lutz is $1,648 per month based on 2023 Census data.

What is the average home price in Lutz?

The median home value in Lutz is $451,800 according to Zillow and Census data.

What is the median income in Lutz?

The median household income in Lutz is $114,516 per year (2023 ACS 5-year estimates).

What is the sales tax in Lutz, FL?

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

Is Lutz, FL affordable?

Lutz is above average in cost of living, with an index of 139 — about 39% higher than the national average.