Cost of Living in Valparaiso, FL

Population 4,910 · Florida · Data vintage 2023

107
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Valparaiso is a smaller Florida community of around 5000 residents, where median household incomes of $81,938 and housing costs ($349,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Valparaiso lies roughly 95 miles east of the nearest major metro, Mobile — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 105% higher than Mobile's $170,000.

Cost Overview

Housing 114
Rent 95

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

About the Cost of Living in Valparaiso

The median home value in Valparaiso is $348,600 — 14% above the national median of $305,000. Median rent runs $1,254/month, 5% lower than the national median of $1,314/month. The median household income of $81,938/year is 10% higher than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Valparaiso has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$348,600
14% above avg
Zillow Home Value
$96,940
Zillow ZHVI
Median Rent
$1,254/mo
5% below avg
Price-to-Rent Ratio
23.2x
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 63.0%
Renter-occupied 37.0%

💰 Estimated Monthly Budget

Rent median rent
$1,254
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,868/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
18.8 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.9%

Commute Mode

Drove alone
71.3%
Carpooled
13.7%
Public transit
0.7%
Walked
7.9%
Work from home
3.9%

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
$81,938
10% above avg
Per Capita Income
$44,365
Unemployment Rate
3.5%
27% below avg
Poverty Rate
4.3%
Labor Force Participation
71.4%

🎓 Education

Bachelor's degree+ 28.0%
Graduate degree 10.4%

👥 Demographics

Median Age 28.7
Male median age 27.4
Female median age 31.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
90.5%
Good air days/yr
84
Max AQI recorded
0
PM2.5 days
234
Ozone days

Frequently Asked Questions

What is the cost of living in Valparaiso, FL?

Valparaiso has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Valparaiso, FL?

The median gross rent in Valparaiso is $1,254 per month based on 2023 Census data.

What is the average home price in Valparaiso?

The median home value in Valparaiso is $348,600 according to Zillow and Census data.

What is the median income in Valparaiso?

The median household income in Valparaiso is $81,938 per year (2023 ACS 5-year estimates).

What is the sales tax in Valparaiso, FL?

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

Is Valparaiso, FL affordable?

Valparaiso is near the national average in terms of cost of living, with an index of 107 (100 = US average).

Valparaiso at a Glance

Population
4,910
Median Income
$81,938
Home Value
$348,600
Median Rent
$1,254/mo
Unemployment
3.5%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs