Cost of Living in Punta Gorda, FL
Population 19,886 · Florida · Data vintage 2023
(100 = US avg)
The median resident in Punta Gorda is 67 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals.
Punta Gorda sits roughly 20 miles north of Cape Coral — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 42% higher than Cape Coral's $339,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Punta Gorda
The median home value in Punta Gorda is $482,300 — 58% above the national median of $305,000. Median rent runs $1,235/month, 6% lower than the national median of $1,314/month. The median household income of $79,291/year is 6% higher than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Punta Gorda has a cost of living index of 132 versus the US average of 100, meaning it is 32% 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
Frequently Asked Questions
What is the cost of living in Punta Gorda, FL?
Punta Gorda has a cost index of 132 (100 = national average). It is 32% above the national average.
What is average rent in Punta Gorda, FL?
The median gross rent in Punta Gorda is $1,235 per month based on 2023 Census data.
What is the average home price in Punta Gorda?
The median home value in Punta Gorda is $482,300 according to Zillow and Census data.
What is the median income in Punta Gorda?
The median household income in Punta Gorda is $79,291 per year (2023 ACS 5-year estimates).
What is the sales tax in Punta Gorda, FL?
The combined state and local sales tax rate in Punta Gorda is 7.0%. Florida has no state income tax.
Is Punta Gorda, FL affordable?
Punta Gorda is above average in cost of living, with an index of 132 — about 32% higher than the national average.
Punta Gorda at a Glance
- Population
- 19,886
- Median Income
- $79,291
- Home Value
- $482,300
- Median Rent
- $1,235/mo
- Unemployment
- 5.2%
- Sales Tax
- 7.0%
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