Cost of Living in Niceville, FL

Population 16,043 · Florida · Data vintage 2023

123
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Niceville a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $382,000. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Located 95 miles east of Mobile, Niceville is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 124% higher than Mobile's $170,000.

Cost Overview

Housing 125
Rent 120

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

About the Cost of Living in Niceville

The median home value in Niceville is $381,700 — 25% above the national median of $305,000. Median rent runs $1,579/month, 20% higher than the national median of $1,314/month. The median household income of $96,611/year is 30% higher than the US median of $74,580. The local unemployment rate is 1.4%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Niceville has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.

🏠 Housing

Median Home Value
$381,700
25% above avg
Zillow Home Value
$430,065
Zillow ZHVI
Median Rent
$1,579/mo
20% above avg
Zillow Rent
$1,978/mo
Zillow ZORI
Price-to-Rent Ratio
20.1x
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 72.4%
Renter-occupied 27.6%

💰 Estimated Monthly Budget

Rent median rent
$1,579
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,193/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
26.8 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.9%

Commute Mode

Drove alone
76.5%
Carpooled
10.1%
Public transit
0.6%
Walked
2.0%
Work from home
8.9%

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
$96,611
30% above avg
Per Capita Income
$43,540
Unemployment Rate
1.4%
72% below avg
Poverty Rate
8.7%
Labor Force Participation
60.6%

🎓 Education

Bachelor's degree+ 19.5%
Graduate degree 18.3%

👥 Demographics

Median Age 39.2
Male median age 38.9
Female median age 39.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
90.5%
Good air days/yr
84
Max AQI recorded
0
PM2.5 days
234
Ozone days

Frequently Asked Questions

What is the cost of living in Niceville, FL?

Niceville has a cost index of 123 (100 = national average). It is 23% above the national average.

What is average rent in Niceville, FL?

The median gross rent in Niceville is $1,579 per month based on 2023 Census data.

What is the average home price in Niceville?

The median home value in Niceville is $381,700 according to Zillow and Census data.

What is the median income in Niceville?

The median household income in Niceville is $96,611 per year (2023 ACS 5-year estimates).

What is the sales tax in Niceville, FL?

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

Is Niceville, FL affordable?

Niceville is above average in cost of living, with an index of 123 — about 23% higher than the national average.

Niceville at a Glance

Population
16,043
Median Income
$96,611
Home Value
$381,700
Median Rent
$1,579/mo
Unemployment
1.4%
Sales Tax
7.0%
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