Cost of Living in Suncoast Estates, FL

Population 4,255 · Florida · Data vintage 2023

57
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Suncoast Estates's median household income of $39,456 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (23% here). An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

Geographically, Suncoast Estates sits roughly 9 miles northeast of Cape Coral. Median home values run roughly 71% lower than Cape Coral's $339,000.

Cost Overview

Housing 32
Rent 93

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

About the Cost of Living in Suncoast Estates

The median home value in Suncoast Estates is $98,400 — 68% below the national median of $305,000. Median rent runs $1,221/month, 7% lower than the national median of $1,314/month. The median household income of $39,456/year is 47% lower than the US median of $74,580. The local unemployment rate is 1.4%, 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 84.9°F and lows of 65.8°F. Overall, Suncoast Estates has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$98,400
68% below avg
Median Rent
$1,221/mo
7% below avg
Price-to-Rent Ratio
6.7x
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 58.6%
Renter-occupied 41.4%

💰 Estimated Monthly Budget

Rent median rent
$1,221
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,835/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
29.8 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.3%

Commute Mode

Drove alone
59.5%
Carpooled
18.9%
Bicycle
3.9%
Work from home
10.3%

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
$39,456
47% below avg
Per Capita Income
$21,385
Unemployment Rate
1.4%
70% below avg
Poverty Rate
22.8%
Labor Force Participation
56.1%

🎓 Education

Bachelor's degree+ 4.9%
Graduate degree 0.6%

👥 Demographics

Median Age 42.7
Male median age 48.5
Female median age 39.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
84.9°F
Avg Low
65.8°F
Annual Precip
57.4"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 757881859091929290878177
Low °F 545760646974757574696257
Precip" 2.431.782.072.443.469.669.3810.439.003.081.781.90

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
94.5%
Good air days/yr
101
Max AQI recorded
0
PM2.5 days
363
Ozone days

Frequently Asked Questions

What is the cost of living in Suncoast Estates, FL?

Suncoast Estates has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Suncoast Estates, FL?

The median gross rent in Suncoast Estates is $1,221 per month based on 2023 Census data.

What is the average home price in Suncoast Estates?

The median home value in Suncoast Estates is $98,400 according to 2023 Census ACS data.

What is the median income in Suncoast Estates?

The median household income in Suncoast Estates is $39,456 per year (2023 ACS 5-year estimates).

What is the sales tax in Suncoast Estates, FL?

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

Is Suncoast Estates, FL affordable?

Yes, Suncoast Estates is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

What is the weather like in Suncoast Estates?

Suncoast Estates has average high temperatures of 84.9°F and average lows of 65.8°F. Annual precipitation is 57.4". Data from NOAA 1991–2020 Climate Normals.

Suncoast Estates at a Glance

Population
4,255
Median Income
$39,456
Home Value
$98,400
Median Rent
$1,221/mo
Unemployment
1.4%
Avg High Temp
84.9°F
Sales Tax
7.0%
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