Cost of Living in Stock Island, FL

Population 4,724 · Florida · Data vintage 2023

162
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Stock Island is a smaller Florida community of around 5000 residents, where median household incomes of $67,005 and housing costs ($513,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Geographically, Stock Island lies roughly 125 miles southwest of the nearest major metro, Miami. Median home values run roughly 8% higher than Miami's $475,000.

Cost Overview

Housing 168
Rent 153

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

About the Cost of Living in Stock Island

The median home value in Stock Island is $513,300 — 68% above the national median of $305,000. Median rent runs $2,009/month, 53% higher than the national median of $1,314/month. The median household income of $67,005/year is 10% lower than the US median of $74,580. The local unemployment rate is 1.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.7°F and lows of 74.0°F. Overall, Stock Island has a cost of living index of 162 versus the US average of 100, meaning it is 62% more expensive.

🏠 Housing

Median Home Value
$513,300
68% above avg
Zillow Home Value
$96,767
Zillow ZHVI
Median Rent
$2,009/mo
53% above avg
Price-to-Rent Ratio
21.3x
Favors renting
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 28.0%
Renter-occupied 72.0%

💰 Estimated Monthly Budget

Rent median rent
$2,009
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,623/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
15.9 min
41% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.7%

Commute Mode

Drove alone
68.4%
Carpooled
11.3%
Walked
3.8%
Bicycle
6.3%
Work from home
3.7%

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
$67,005
10% below avg
Per Capita Income
$30,575
Unemployment Rate
1.6%
67% below avg
Poverty Rate
14.9%
Labor Force Participation
77.2%

🎓 Education

Bachelor's degree+ 16.3%
Graduate degree 8.7%

👥 Demographics

Median Age 35.2
Male median age 35.1
Female median age 35.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
83.7°F
Avg Low
74.0°F
Annual Precip
40.4"
60° 70° 80° 90° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 767780838689909189868178
Low °F 666769737679818179777268
Precip" 1.831.541.532.073.124.233.635.377.245.672.052.16

Frequently Asked Questions

What is the cost of living in Stock Island, FL?

Stock Island has a cost index of 162 (100 = national average). It is 62% above the national average.

What is average rent in Stock Island, FL?

The median gross rent in Stock Island is $2,009 per month based on 2023 Census data.

What is the average home price in Stock Island?

The median home value in Stock Island is $513,300 according to Zillow and Census data.

What is the median income in Stock Island?

The median household income in Stock Island is $67,005 per year (2023 ACS 5-year estimates).

What is the sales tax in Stock Island, FL?

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

Is Stock Island, FL affordable?

Stock Island is above average in cost of living, with an index of 162 — about 62% higher than the national average.

What is the weather like in Stock Island?

Stock Island has average high temperatures of 83.7°F and average lows of 74.0°F. Annual precipitation is 40.4". Data from NOAA 1991–2020 Climate Normals.

Stock Island at a Glance

Population
4,724
Median Income
$67,005
Home Value
$513,300
Median Rent
$2,009/mo
Unemployment
1.6%
Avg High Temp
83.7°F
Sales Tax
7.0%
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