Cost of Living in Tallahassee, FL

Population 199,696 · Florida · Data vintage 2023

92
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tallahassee's demographic profile reads like a college town: median age of 28, and 28% of adults hold a bachelor's degree — a share well above the national baseline. Housing and rent cycles track the academic calendar more than the broader Florida economy. A poverty rate near 23% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Cost Overview

Housing 90
Rent 94

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

About the Cost of Living in Tallahassee

The median home value in Tallahassee is $276,000 — 10% below the national median of $305,000. Median rent runs $1,238/month, 6% lower than the national median of $1,314/month. The median household income of $55,931/year is 25% lower than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Tallahassee has a cost of living index of 92 versus the US average of 100, meaning it is 8% less expensive.

🏠 Housing

Median Home Value
$276,000
10% below avg
Zillow Home Value
$286,954
Zillow ZHVI
Median Rent
$1,238/mo
6% below avg
Zillow Rent
$1,483/mo
Zillow ZORI
Price-to-Rent Ratio
18.6x
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 39.5%
Renter-occupied 60.5%

💰 Estimated Monthly Budget

Rent median rent
$1,238
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,852/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
20.4 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.3%

Commute Mode

Drove alone
72.3%
Carpooled
8.5%
Public transit
2.2%
Walked
3.0%
Bicycle
0.6%
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
$55,931
25% below avg
Per Capita Income
$35,704
Unemployment Rate
6.5%
34% above avg
Poverty Rate
23.2%
Labor Force Participation
66.5%

🎓 Education

Bachelor's degree+ 28.3%
Graduate degree 22.8%

👥 Demographics

Median Age 28
Male median age 27.7
Female median age 28.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
56.5%
Good air days/yr
124
Max AQI recorded
291
PM2.5 days
70
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
17.5:1
Student-teacher ratio
56
Public schools
33,840
Total enrollment

Frequently Asked Questions

What is the cost of living in Tallahassee, FL?

Tallahassee has a cost index of 92 (100 = national average). It is 8% below the national average.

What is average rent in Tallahassee, FL?

The median gross rent in Tallahassee is $1,238 per month based on 2023 Census data.

What is the average home price in Tallahassee?

The median home value in Tallahassee is $276,000 according to Zillow and Census data.

What is the median income in Tallahassee?

The median household income in Tallahassee is $55,931 per year (2023 ACS 5-year estimates).

What is the sales tax in Tallahassee, FL?

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

Is Tallahassee, FL affordable?

Tallahassee is near the national average in terms of cost of living, with an index of 92 (100 = US average).

Tallahassee at a Glance

Population
199,696
Median Income
$55,931
Home Value
$276,000
Median Rent
$1,238/mo
Unemployment
6.5%
Sales Tax
7.0%
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Explore county-level cost of living data

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