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Cost of Living in Gulf County, FL

Population 15,131 · Census ACS 2020–2024 5-year estimates

Median rent$1,187
Median home value$250,000
Median household income$61,179

The median rent in Gulf County, FL is $1,187/month, 29% lower than the Florida median and 16% lower than the U.S. median. The median home value is $250,000, 25% lower than the national median. Households earn a median of $61,179 a year, 18% lower than the state median.

Affordability

Rent as a share of median income: 23.3%
Income needed for median rent (30% rule): $47,480/yr
Home price-to-income ratio: 4.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,264/mo

Run your own numbers: mortgage calculator · hourly to salary

Gulf County vs. Florida vs. U.S.

Gulf CountyFloridaU.S.
Median rent$1,187$1,669$1,413
Median home value$250,000$359,000$332,700
Median household income$61,179$74,568$80,734
Homeownership rate80.8%67.6%65.2%
Bachelor's degree or higher23.5%34.1%35.7%
Poverty rate12.5%12.6%12.5%
Unemployment rate2.6%4.8%5.2%
Work from home9.3%15.7%15.1%
Median age46.942.638.9

FAQ

What is the average rent in Gulf County, FL?

The median gross rent in Gulf County, FL is $1,187 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $47,480 a year in gross income.

Is Gulf County, FL expensive to live in?

Rent there is 16% lower than the U.S. median, and the median home costs about 4.1 times the median household income.

Other counties in Florida

Miami-Dade County, FLRent $1,829 · Income $71,753Broward County, FLRent $1,907 · Income $77,633Palm Beach County, FLRent $1,916 · Income $83,581Hillsborough County, FLRent $1,667 · Income $79,540Orange County, FLRent $1,775 · Income $79,719Duval County, FLRent $1,475 · Income $71,277

Counties with a similar cost of living

Nye County, NVRent $1,181 · Income $60,714Harrisonburg city, VARent $1,184 · Income $62,254Josephine County, ORRent $1,194 · Income $60,098Cumberland County, NCRent $1,222 · Income $61,291Lincoln County, ORRent $1,201 · Income $63,165Tehama County, CARent $1,184 · Income $63,784

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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