Cost of Living in Plant City, FL

Population 40,009 · Florida · Data vintage 2023

90
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Plant City's cost indicators track within a reasonable band of national figures, with median household incomes near $64,536 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Located 10 miles west of Lakeland, Plant City falls within that metro's commuting orbit. Median home values run roughly 10% higher than Lakeland's $229,000.

Cost Overview

Housing 82
Rent 102

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

About the Cost of Living in Plant City

The median home value in Plant City is $251,500 — 18% below the national median of $305,000. Median rent runs $1,334/month, 2% higher than the national median of $1,314/month. The median household income of $64,536/year is 13% lower than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Plant City has a cost of living index of 90 versus the US average of 100, meaning it is 10% less expensive.

🏠 Housing

Median Home Value
$251,500
18% below avg
Zillow Home Value
$337,096
Zillow ZHVI
Median Rent
$1,334/mo
2% above avg
Zillow Rent
$2,048/mo
Zillow ZORI
Price-to-Rent Ratio
15.7x
Favors buying
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 63.6%
Renter-occupied 36.4%

💰 Estimated Monthly Budget

Rent median rent
$1,334
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,948/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
29.4 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.3%

Commute Mode

Drove alone
77.4%
Carpooled
9.6%
Public transit
0.7%
Walked
1.1%
Bicycle
0.1%
Work from home
9.3%

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
$64,536
13% below avg
Per Capita Income
$31,831
Unemployment Rate
3.0%
38% below avg
Poverty Rate
15.2%
Labor Force Participation
65.6%

🎓 Education

Bachelor's degree+ 15.1%
Graduate degree 7.6%

👥 Demographics

Median Age 38.1
Male median age 37
Female median age 39.5

💨 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 Plant City, FL?

Plant City has a cost index of 90 (100 = national average). It is 10% below the national average.

What is average rent in Plant City, FL?

The median gross rent in Plant City is $1,334 per month based on 2023 Census data.

What is the average home price in Plant City?

The median home value in Plant City is $251,500 according to Zillow and Census data.

What is the median income in Plant City?

The median household income in Plant City is $64,536 per year (2023 ACS 5-year estimates).

What is the sales tax in Plant City, FL?

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

Is Plant City, FL affordable?

Plant City is near the national average in terms of cost of living, with an index of 90 (100 = US average).

Plant City at a Glance

Population
40,009
Median Income
$64,536
Home Value
$251,500
Median Rent
$1,334/mo
Unemployment
3.0%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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