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Cost of Living in Plant City, FL

Population 40,887 · Census ACS 2020–2024 5-year estimates

Median rent$1,409
Median home value$291,800
Median household income$67,439

The median rent in Plant City, FL is $1,409/month, 16% lower than the Florida median and about the same as the U.S. median. The median home value is $291,800, 12% lower than the national median. Households earn a median of $67,439 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 25.1%
Income needed for median rent (30% rule): $56,360/yr
Home price-to-income ratio: 4.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,475/mo

Run your own numbers: mortgage calculator · hourly to salary

Plant City vs. Florida vs. U.S.

Plant CityFloridaU.S.
Median rent$1,409$1,669$1,413
Median home value$291,800$359,000$332,700
Median household income$67,439$74,568$80,734
Homeownership rate66.4%67.6%65.2%
Bachelor's degree or higher24.2%34.1%35.7%
Poverty rate15.0%12.6%12.5%
Unemployment rate2.9%4.8%5.2%
Work from home10.7%15.7%15.1%
Median age37.142.638.9

FAQ

What is the average rent in Plant City, FL?

The median gross rent in Plant City, FL is $1,409 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $56,360 a year in gross income.

Is Plant City, FL expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 4.3 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

Providence, RIRent $1,408 · Income $68,119Eugene, ORRent $1,402 · Income $66,562Norristown, PARent $1,422 · Income $66,701Wilmington, NCRent $1,395 · Income $66,738Ashland, ORRent $1,387 · Income $68,028Balch Springs, TXRent $1,378 · Income $66,942

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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