Cost of Living in Wildwood, FL
Population 16,739 · Florida · Data vintage 2023
(100 = US avg)
Wildwood skews considerably older than the national median, with an average age of 62. Reported household income of $71,858 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities. Unemployment has stayed elevated relative to the national figure — 7.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Wildwood is about 40 miles northeast of Spring Hill, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 69% higher than Spring Hill's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Wildwood
The median home value in Wildwood is $419,700 — 38% above the national median of $305,000. Median rent runs $1,578/month, 20% higher than the national median of $1,314/month. The median household income of $71,858/year is 4% lower than the US median of $74,580. The local unemployment rate is 7.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Wildwood has a cost of living index of 131 versus the US average of 100, meaning it is 31% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Wildwood, FL?
Wildwood has a cost index of 131 (100 = national average). It is 31% above the national average.
What is average rent in Wildwood, FL?
The median gross rent in Wildwood is $1,578 per month based on 2023 Census data.
What is the average home price in Wildwood?
The median home value in Wildwood is $419,700 according to Zillow and Census data.
What is the median income in Wildwood?
The median household income in Wildwood is $71,858 per year (2023 ACS 5-year estimates).
What is the sales tax in Wildwood, FL?
The combined state and local sales tax rate in Wildwood is 7.0%. Florida has no state income tax.
Is Wildwood, FL affordable?
Wildwood is above average in cost of living, with an index of 131 — about 31% higher than the national average.
Wildwood at a Glance
- Population
- 16,739
- Median Income
- $71,858
- Home Value
- $419,700
- Median Rent
- $1,578/mo
- Unemployment
- 7.9%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs