Cost of Living in Milton, FL
Population 10,485 · Florida · Data vintage 2023
(100 = US avg)
Buyers in Milton can reasonably expect a home to cost less than three years of household income — $196,000 against $72,676 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.
Located 60 miles east of Mobile, Milton is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 15% higher than Mobile's $170,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Milton
The median home value in Milton is $195,600 — 36% below the national median of $305,000. Median rent runs $1,542/month, 17% higher than the national median of $1,314/month. The median household income of $72,676/year is 3% lower than the US median of $74,580. The local unemployment rate is 5.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.2°F and lows of 58.3°F. Overall, Milton has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.
🏠 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 65 | 68 | 74 | 80 | 86 | 92 | 93 | 93 | 90 | 83 | 73 | 66 |
| Low °F | 42 | 45 | 51 | 56 | 64 | 72 | 75 | 74 | 70 | 59 | 49 | 45 |
| Precip" | 5.46 | 4.85 | 5.39 | 5.93 | 3.80 | 6.76 | 7.61 | 6.39 | 6.53 | 3.87 | 4.36 | 5.44 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Milton, FL?
Milton has a cost index of 85 (100 = national average). It is 15% below the national average.
What is average rent in Milton, FL?
The median gross rent in Milton is $1,542 per month based on 2023 Census data.
What is the average home price in Milton?
The median home value in Milton is $195,600 according to Zillow and Census data.
What is the median income in Milton?
The median household income in Milton is $72,676 per year (2023 ACS 5-year estimates).
What is the sales tax in Milton, FL?
The combined state and local sales tax rate in Milton is 7.0%. Florida has no state income tax.
Is Milton, FL affordable?
Yes, Milton is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.
What is the weather like in Milton?
Milton has average high temperatures of 80.2°F and average lows of 58.3°F. Annual precipitation is 66.4". Data from NOAA 1991–2020 Climate Normals.
Milton at a Glance
- Population
- 10,485
- Median Income
- $72,676
- Home Value
- $195,600
- Median Rent
- $1,542/mo
- Unemployment
- 5.9%
- Avg High Temp
- 80.2°F
- Sales Tax
- 7.0%
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Explore county-level cost of living data
Florida Rankings
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