Cost of Living in Southeast Arcadia, FL

Population 7,247 · Florida · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Southeast Arcadia is a smaller Florida community of around 7000 residents, where median household incomes of $53,532 and housing costs ($128,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 40 miles north of Cape Coral, Southeast Arcadia falls within that metro's commuting orbit. Median home values run roughly 62% lower than Cape Coral's $339,000.

Cost Overview

Housing 42
Rent 71

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

About the Cost of Living in Southeast Arcadia

The median home value in Southeast Arcadia is $127,500 — 58% below the national median of $305,000. Median rent runs $935/month, 29% lower than the national median of $1,314/month. The median household income of $53,532/year is 28% lower than the US median of $74,580. The local unemployment rate is 13.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Southeast Arcadia has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$127,500
58% below avg
Median Rent
$935/mo
29% below avg
Price-to-Rent Ratio
11.4x
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 64.2%
Renter-occupied 35.8%

💰 Estimated Monthly Budget

Rent median rent
$935
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,549/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
32.8 min
21% above avg
Gas Price
$3.145/gal
0% below avg
0

Commute Mode

Drove alone
75.3%
Carpooled
19.4%
Public transit
3.0%
Walked
1.7%
Bicycle
0.6%

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
$53,532
28% below avg
Per Capita Income
$20,450
Unemployment Rate
13.7%
184% above avg
Poverty Rate
24.1%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 3.6%
Graduate degree 0.8%

👥 Demographics

Median Age 35.7
Male median age 37.6
Female median age 33.1

Frequently Asked Questions

What is the cost of living in Southeast Arcadia, FL?

Southeast Arcadia has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Southeast Arcadia, FL?

The median gross rent in Southeast Arcadia is $935 per month based on 2023 Census data.

What is the average home price in Southeast Arcadia?

The median home value in Southeast Arcadia is $127,500 according to 2023 Census ACS data.

What is the median income in Southeast Arcadia?

The median household income in Southeast Arcadia is $53,532 per year (2023 ACS 5-year estimates).

What is the sales tax in Southeast Arcadia, FL?

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

Is Southeast Arcadia, FL affordable?

Yes, Southeast Arcadia is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

Southeast Arcadia at a Glance

Population
7,247
Median Income
$53,532
Home Value
$127,500
Median Rent
$935/mo
Unemployment
13.7%
Sales Tax
7.0%
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