Cost of Living in Tice, FL

Population 5,377 · Florida · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Tice a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $186,000. A poverty rate near 20% 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.

Tice sits roughly 11 miles east of Cape Coral — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% lower than Cape Coral's $339,000.

Cost Overview

Housing 61
Rent 84

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

About the Cost of Living in Tice

The median home value in Tice is $185,900 — 39% below the national median of $305,000. Median rent runs $1,104/month, 16% lower than the national median of $1,314/month. The median household income of $54,833/year is 26% lower than the US median of $74,580. The local unemployment rate is 0.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Tice has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$185,900
39% below avg
Median Rent
$1,104/mo
16% below avg
Price-to-Rent Ratio
14.0x
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 41.3%
Renter-occupied 58.7%

💰 Estimated Monthly Budget

Rent median rent
$1,104
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,718/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
32.5 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.1%

Commute Mode

Drove alone
52.7%
Carpooled
32.2%
Public transit
1.8%
Walked
1.7%
Work from home
5.1%

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
$54,833
26% below avg
Per Capita Income
$23,666
Unemployment Rate
0.5%
90% below avg
Poverty Rate
20.4%
Labor Force Participation
65.7%

🎓 Education

Bachelor's degree+ 5.3%
Graduate degree 2.5%

👥 Demographics

Median Age 33.4
Male median age 33.6
Female median age 33.2

💨 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 Tice, FL?

Tice has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Tice, FL?

The median gross rent in Tice is $1,104 per month based on 2023 Census data.

What is the average home price in Tice?

The median home value in Tice is $185,900 according to 2023 Census ACS data.

What is the median income in Tice?

The median household income in Tice is $54,833 per year (2023 ACS 5-year estimates).

What is the sales tax in Tice, FL?

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

Is Tice, FL affordable?

Yes, Tice is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.