Cost of Living in South Venice, FL

Population 17,399 · Florida · Data vintage 2023

112
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 Venice a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $294,000.

Geographically, South Venice is about 40 miles northwest of Cape Coral, the nearest large metro. Median home values run roughly 13% lower than Cape Coral's $339,000.

Cost Overview

Housing 96
Rent 136

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

About the Cost of Living in South Venice

The median home value in South Venice is $293,600 — 4% below the national median of $305,000. Median rent runs $1,790/month, 36% higher than the national median of $1,314/month. The median household income of $72,322/year is 3% lower than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, South Venice has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$293,600
4% below avg
Median Rent
$1,790/mo
36% above avg
Price-to-Rent Ratio
13.7x
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 84.0%
Renter-occupied 16.0%

💰 Estimated Monthly Budget

Rent median rent
$1,790
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,404/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.7%

Commute Mode

Drove alone
75.2%
Carpooled
7.6%
Public transit
0.1%
Walked
0.1%
Work from home
16.7%

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
$72,322
3% below avg
Per Capita Income
$40,430
Unemployment Rate
3.7%
23% below avg
Poverty Rate
9.8%
Labor Force Participation
59.8%

🎓 Education

Bachelor's degree+ 12.1%
Graduate degree 11.6%

👥 Demographics

Median Age 50.8
Male median age 50.1
Female median age 51.8

💨 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 Venice, FL?

South Venice has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in South Venice, FL?

The median gross rent in South Venice is $1,790 per month based on 2023 Census data.

What is the average home price in South Venice?

The median home value in South Venice is $293,600 according to 2023 Census ACS data.

What is the median income in South Venice?

The median household income in South Venice is $72,322 per year (2023 ACS 5-year estimates).

What is the sales tax in South Venice, FL?

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

Is South Venice, FL affordable?

South Venice is above average in cost of living, with an index of 112 — about 12% higher than the national average.

South Venice at a Glance

Population
17,399
Median Income
$72,322
Home Value
$293,600
Median Rent
$1,790/mo
Unemployment
3.7%
Sales Tax
7.0%
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