Cost of Living in South Gate Ridge, FL

Population 5,456 · Florida · Data vintage 2023

121
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 South Gate Ridge a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $369,000.

Geographically, South Gate Ridge is about 35 miles south of St. Petersburg, the nearest large metro. Median home values run roughly 11% higher than St. Petersburg's $332,000.

Cost Overview

Housing 121
Rent 120

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

About the Cost of Living in South Gate Ridge

The median home value in South Gate Ridge is $369,400 — 21% above the national median of $305,000. Median rent runs $1,581/month, 20% higher than the national median of $1,314/month. The median household income of $76,307/year is 2% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, South Gate Ridge has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$369,400
21% above avg
Median Rent
$1,581/mo
20% above avg
Price-to-Rent Ratio
19.5x
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 66.5%
Renter-occupied 33.5%

💰 Estimated Monthly Budget

Rent median rent
$1,581
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,195/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
21.3 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.3%

Commute Mode

Drove alone
75.2%
Carpooled
10.2%
Walked
0.9%
Work from home
11.3%

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
$76,307
2% above avg
Per Capita Income
$48,896
Unemployment Rate
4.1%
14% below avg
Poverty Rate
6.7%
Labor Force Participation
66.1%

🎓 Education

Bachelor's degree+ 29.1%
Graduate degree 10.5%

👥 Demographics

Median Age 48.5
Male median age 45.8
Female median age 50.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
63.6%
Good air days/yr
143
Max AQI recorded
224
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in South Gate Ridge, FL?

South Gate Ridge has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in South Gate Ridge, FL?

The median gross rent in South Gate Ridge is $1,581 per month based on 2023 Census data.

What is the average home price in South Gate Ridge?

The median home value in South Gate Ridge is $369,400 according to 2023 Census ACS data.

What is the median income in South Gate Ridge?

The median household income in South Gate Ridge is $76,307 per year (2023 ACS 5-year estimates).

What is the sales tax in South Gate Ridge, FL?

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

Is South Gate Ridge, FL affordable?

South Gate Ridge is above average in cost of living, with an index of 121 — about 21% higher than the national average.

South Gate Ridge at a Glance

Population
5,456
Median Income
$76,307
Home Value
$369,400
Median Rent
$1,581/mo
Unemployment
4.1%
Sales Tax
7.0%
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Explore county-level cost of living data

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