Cost of Living in Midway, FL
Population 3,504 · Florida · Data vintage 2023
(100 = US avg)
Midway sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.
Located 13 miles west of Tallahassee, Midway falls within that metro's commuting orbit. Median home values run roughly 23% lower than Tallahassee's $276,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Midway
The median home value in Midway is $212,400 — 30% below the national median of $305,000. Median rent runs $1,002/month, 24% lower than the national median of $1,314/month. The median household income of $61,048/year is 18% lower than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Midway has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.
Midway has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Midway, FL?
Midway has a cost index of 72 (100 = national average). It is 28% below the national average.
What is average rent in Midway, FL?
The median gross rent in Midway is $1,002 per month based on 2023 Census data.
What is the average home price in Midway?
The median home value in Midway is $212,400 according to Zillow and Census data.
What is the median income in Midway?
The median household income in Midway is $61,048 per year (2023 ACS 5-year estimates).
What is the sales tax in Midway, FL?
The combined state and local sales tax rate in Midway is 7.0%. Florida has no state income tax.
Is Midway, FL affordable?
Yes, Midway is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.
Midway at a Glance
- Population
- 3,504
- Median Income
- $61,048
- Home Value
- $212,400
- Median Rent
- $1,002/mo
- Unemployment
- 3.3%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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