Cost of Living in Pinewood, FL
Population 17,427 · Florida · Data vintage 2023
(100 = US avg)
At $47,551, median household incomes in Pinewood land roughly 36% below the US median, a gap that tends to persist across local labor-market indicators. Rental affordability is stretched — $1,460/month works out to about 37% of median household income, above the 30% "cost-burdened" line.
Located 5 miles east of Hialeah, Pinewood falls within that metro's commuting orbit. Median home values run roughly 12% lower than Hialeah's $359,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Pinewood
The median home value in Pinewood is $315,400 — 3% above the national median of $305,000. Median rent runs $1,460/month, 11% higher than the national median of $1,314/month. The median household income of $47,551/year is 36% lower than the US median of $74,580. The local unemployment rate is 5.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Pinewood has a cost of living index of 106 versus the US average of 100, meaning it is 6% more 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Pinewood, FL?
Pinewood has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Pinewood, FL?
The median gross rent in Pinewood is $1,460 per month based on 2023 Census data.
What is the average home price in Pinewood?
The median home value in Pinewood is $315,400 according to Zillow and Census data.
What is the median income in Pinewood?
The median household income in Pinewood is $47,551 per year (2023 ACS 5-year estimates).
What is the sales tax in Pinewood, FL?
The combined state and local sales tax rate in Pinewood is 7.0%. Florida has no state income tax.
Is Pinewood, FL affordable?
Pinewood is near the national average in terms of cost of living, with an index of 106 (100 = US average).
Pinewood at a Glance
- Population
- 17,427
- Median Income
- $47,551
- Home Value
- $315,400
- Median Rent
- $1,460/mo
- Unemployment
- 5.7%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs