Cost of Living in Westchase, FL

Population 24,818 · Florida · Data vintage 2023

160
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Westchase is a smaller Florida community of around 25000 residents, where median household incomes of $120,070 and housing costs ($491,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 10 miles northwest of Tampa, Westchase falls within that metro's commuting orbit. Median home values run roughly 31% higher than Tampa's $375,000.

Cost Overview

Housing 161
Rent 159

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

About the Cost of Living in Westchase

The median home value in Westchase is $491,300 — 61% above the national median of $305,000. Median rent runs $2,095/month, 59% higher than the national median of $1,314/month. The median household income of $120,070/year is 61% higher than the US median of $74,580. The local unemployment rate is 3.2%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Westchase has a cost of living index of 160 versus the US average of 100, meaning it is 60% more expensive.

🏠 Housing

Median Home Value
$491,300
61% above avg
Zillow Home Value
$550,903
Zillow ZHVI
Median Rent
$2,095/mo
59% above avg
Zillow Rent
$1,920/mo
Zillow ZORI
Price-to-Rent Ratio
19.5x
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 64.3%
Renter-occupied 35.7%

💰 Estimated Monthly Budget

Rent median rent
$2,095
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,709/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
32.4 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.8%

Commute Mode

Drove alone
62.8%
Carpooled
5.2%
Walked
1.1%
Bicycle
0.2%
Work from home
29.8%

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
$120,070
61% above avg
Per Capita Income
$62,571
Unemployment Rate
3.2%
34% below avg
Poverty Rate
5.5%
Labor Force Participation
67.4%

🎓 Education

Bachelor's degree+ 39.5%
Graduate degree 23.8%

👥 Demographics

Median Age 39.7
Male median age 38.1
Female median age 41.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
42.7%
Good air days/yr
114
Max AQI recorded
261
PM2.5 days
102
Ozone days

Frequently Asked Questions

What is the cost of living in Westchase, FL?

Westchase has a cost index of 160 (100 = national average). It is 60% above the national average.

What is average rent in Westchase, FL?

The median gross rent in Westchase is $2,095 per month based on 2023 Census data.

What is the average home price in Westchase?

The median home value in Westchase is $491,300 according to Zillow and Census data.

What is the median income in Westchase?

The median household income in Westchase is $120,070 per year (2023 ACS 5-year estimates).

What is the sales tax in Westchase, FL?

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

Is Westchase, FL affordable?

Westchase is above average in cost of living, with an index of 160 — about 60% higher than the national average.

Westchase at a Glance

Population
24,818
Median Income
$120,070
Home Value
$491,300
Median Rent
$2,095/mo
Unemployment
3.2%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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