Cost of Living in Southgate, FL

Population 6,054 · Florida · Data vintage 2023

122
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 Southgate a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $375,000.

Geographically, Southgate is about 35 miles south of St. Petersburg, the nearest large metro. Median home values run roughly 13% higher than St. Petersburg's $332,000.

Cost Overview

Housing 123
Rent 121

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

About the Cost of Living in Southgate

The median home value in Southgate is $374,800 — 23% above the national median of $305,000. Median rent runs $1,586/month, 21% higher than the national median of $1,314/month. The median household income of $77,616/year is 4% higher than the US median of $74,580. The local unemployment rate is 3.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Southgate has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.

🏠 Housing

Median Home Value
$374,800
23% above avg
Median Rent
$1,586/mo
21% above avg
Price-to-Rent Ratio
19.7x
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 73.1%
Renter-occupied 26.9%

💰 Estimated Monthly Budget

Rent median rent
$1,586
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,200/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
26.0 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
80.8%
Carpooled
4.4%
Public transit
0.1%
Walked
0.8%
Bicycle
0.2%
Work from home
12.3%

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
$77,616
4% above avg
Per Capita Income
$45,577
Unemployment Rate
3.6%
25% below avg
Poverty Rate
4.0%
Labor Force Participation
59.1%

🎓 Education

Bachelor's degree+ 26.8%
Graduate degree 16.1%

👥 Demographics

Median Age 52.6
Male median age 48.6
Female median age 56.1

💨 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 Southgate, FL?

Southgate has a cost index of 122 (100 = national average). It is 22% above the national average.

What is average rent in Southgate, FL?

The median gross rent in Southgate is $1,586 per month based on 2023 Census data.

What is the average home price in Southgate?

The median home value in Southgate is $374,800 according to 2023 Census ACS data.

What is the median income in Southgate?

The median household income in Southgate is $77,616 per year (2023 ACS 5-year estimates).

What is the sales tax in Southgate, FL?

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

Is Southgate, FL affordable?

Southgate is above average in cost of living, with an index of 122 — about 22% higher than the national average.