Cost of Living in Springfield, FL

Population 8,157 · Florida · Data vintage 2023

75
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Springfield sits on the smaller end of the Florida city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 0.7% points to a labor market well on the tight side of the national distribution.

Geographically, Springfield lies roughly 85 miles west of the nearest major metro, Tallahassee. Median home values run roughly 36% lower than Tallahassee's $276,000.

Cost Overview

Housing 58
Rent 101

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

About the Cost of Living in Springfield

The median home value in Springfield is $177,500 — 42% below the national median of $305,000. Median rent runs $1,329/month, 1% higher than the national median of $1,314/month. The median household income of $51,640/year is 31% lower than the US median of $74,580. The local unemployment rate is 0.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Springfield has a cost of living index of 75 versus the US average of 100, meaning it is 25% less expensive.

🏠 Housing

Median Home Value
$177,500
42% below avg
Zillow Home Value
$539,589
Zillow ZHVI
Median Rent
$1,329/mo
1% above avg
Zillow Rent
$1,565/mo
Zillow ZORI
Price-to-Rent Ratio
11.1x
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 69.7%
Renter-occupied 30.4%

💰 Estimated Monthly Budget

Rent median rent
$1,329
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,943/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
27.4 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.7%

Commute Mode

Drove alone
72.6%
Carpooled
16.9%
Public transit
1.3%
Walked
0.6%
Bicycle
0.8%
Work from home
6.7%

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
$51,640
31% below avg
Per Capita Income
$27,476
Unemployment Rate
0.7%
86% below avg
Poverty Rate
17.1%
Labor Force Participation
59.0%

🎓 Education

Bachelor's degree+ 7.4%
Graduate degree 4.5%

👥 Demographics

Median Age 41.9
Male median age 41.2
Female median age 46.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
48.2%
Good air days/yr
95
Max AQI recorded
292
PM2.5 days
73
Ozone days

Frequently Asked Questions

What is the cost of living in Springfield, FL?

Springfield has a cost index of 75 (100 = national average). It is 25% below the national average.

What is average rent in Springfield, FL?

The median gross rent in Springfield is $1,329 per month based on 2023 Census data.

What is the average home price in Springfield?

The median home value in Springfield is $177,500 according to Zillow and Census data.

What is the median income in Springfield?

The median household income in Springfield is $51,640 per year (2023 ACS 5-year estimates).

What is the sales tax in Springfield, FL?

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

Is Springfield, FL affordable?

Yes, Springfield is generally considered affordable, with a cost of living index of 75 — about 25% below the US national average of 100.

Springfield at a Glance

Population
8,157
Median Income
$51,640
Home Value
$177,500
Median Rent
$1,329/mo
Unemployment
0.7%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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