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Cost of Living in Largo, FL

Population 82,617 · Census ACS 2020–2024 5-year estimates

Median rent$1,618
Median home value$229,100
Median household income$62,096

The median rent in Largo, FL is $1,618/month, 3% lower than the Florida median and 15% higher than the U.S. median. The median home value is $229,100, 31% lower than the national median. Households earn a median of $62,096 a year, 17% lower than the state median.

Affordability

Rent as a share of median income: 31.3%
Income needed for median rent (30% rule): $64,720/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,158/mo

Run your own numbers: mortgage calculator · hourly to salary

Largo vs. Florida vs. U.S.

LargoFloridaU.S.
Median rent$1,618$1,669$1,413
Median home value$229,100$359,000$332,700
Median household income$62,096$74,568$80,734
Homeownership rate61.7%67.6%65.2%
Bachelor's degree or higher27.4%34.1%35.7%
Poverty rate13.1%12.6%12.5%
Unemployment rate4.8%4.8%5.2%
Work from home13.2%15.7%15.1%
Median age49.342.638.9

FAQ

What is the average rent in Largo, FL?

The median gross rent in Largo, FL is $1,618 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Largo, FL?

Using the common 30% rule, renting a median-priced home takes about $64,720 a year in gross income.

Is Largo, FL expensive to live in?

Rent there is 15% higher than the U.S. median, and the median home costs about 3.7 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Lawrenceville, GARent $1,613 · Income $61,561Banning, CARent $1,650 · Income $61,764Willowbrook, CARent $1,570 · Income $62,582Bell, CARent $1,575 · Income $61,020Perth Amboy, NJRent $1,688 · Income $61,977Bell Gardens, CARent $1,694 · Income $62,298

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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