Cost of Living in The Villages, FL

Population 82,108 · Florida · Data vintage 2023

121
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a median age of 74, The Villages functions largely as a retirement market. Housing costs — $375,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons.

Located 45 miles northeast of Spring Hill, The Villages falls within that metro's commuting orbit. Median home values run roughly 51% higher than Spring Hill's $248,000.

Cost Overview

Housing 123
Rent 117

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

About the Cost of Living in The Villages

The median home value in The Villages is $375,100 — 23% above the national median of $305,000. Median rent runs $1,541/month, 17% higher than the national median of $1,314/month. The median household income of $76,523/year is 3% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, The Villages has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$375,100
23% above avg
Zillow Home Value
$392,907
Zillow ZHVI
Median Rent
$1,541/mo
17% above avg
Zillow Rent
$2,447/mo
Zillow ZORI
Price-to-Rent Ratio
20.3x
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 94.2%
Renter-occupied 5.8%

💰 Estimated Monthly Budget

Rent median rent
$1,541
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,155/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
21.7 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.7%

Commute Mode

Drove alone
55.8%
Carpooled
2.6%
Public transit
0.1%
Walked
1.5%
Work from home
29.7%

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
$76,523
3% above avg
Per Capita Income
$55,357
Unemployment Rate
4.2%
13% below avg
Poverty Rate
4.3%
Labor Force Participation
11.9%

🎓 Education

Bachelor's degree+ 25.2%
Graduate degree 17.7%

👥 Demographics

Median Age 73.6
Male median age 74.3
Female median age 72.9

Frequently Asked Questions

What is the cost of living in The Villages, FL?

The Villages has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in The Villages, FL?

The median gross rent in The Villages is $1,541 per month based on 2023 Census data.

What is the average home price in The Villages?

The median home value in The Villages is $375,100 according to Zillow and Census data.

What is the median income in The Villages?

The median household income in The Villages is $76,523 per year (2023 ACS 5-year estimates).

What is the sales tax in The Villages, FL?

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

Is The Villages, FL affordable?

The Villages is above average in cost of living, with an index of 121 — about 21% higher than the national average.

The Villages at a Glance

Population
82,108
Median Income
$76,523
Home Value
$375,100
Median Rent
$1,541/mo
Unemployment
4.2%
Sales Tax
7.0%
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