Counties with the lowest cost of living in Florida

Written by:
April 12, 2024
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Counties with the lowest cost of living in Florida

While inflation has fallen from 2022 peaks, high prices are still eating into household budgets. Many Americans are paying keen attention to their finances and finding ways to reduce spending.

Home prices, rent, and food inflation, as well as higher prices for gas in the last couple of years, are making it so that each dollar earned has even less purchasing power than before. In the first two months of 2024, Americans were able to save about 3.9% of their disposable income, according to the Bureau of Economic Analysis, well below historic levels.

Stacker compiled a list of counties with the lowest cost of living in Florida using rankings from Niche.

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#30. Gulf County, Florida

- Overall Rank: 1,898
- Population: 15,002
- Median household income: $56,250
- Median home value: $197,700 (79% own)
- Median rent: $1,143 (21% rent)

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#29. Franklin County, Florida

- Overall Rank: 1,765
- Population: 12,276
- Median household income: $58,107
- Median home value: $236,100 (81% own)
- Median rent: $1,045 (19% rent)

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#28. Citrus County, Florida

- Overall Rank: 1,682
- Population: 155,173
- Median household income: $52,569
- Median home value: $190,800 (85% own)
- Median rent: $1,000 (15% rent)

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#27. Okeechobee County, Florida

- Overall Rank: 1,599
- Population: 39,870
- Median household income: $50,476
- Median home value: $158,500 (74% own)
- Median rent: $963 (26% rent)

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#26. Hendry County, Florida

- Overall Rank: 1,558
- Population: 39,902
- Median household income: $49,259
- Median home value: $153,200 (70% own)
- Median rent: $892 (30% rent)

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#25. Wakulla County, Florida

- Overall Rank: 1,520
- Population: 33,732
- Median household income: $72,035
- Median home value: $198,600 (81% own)
- Median rent: $1,041 (19% rent)

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#24. Columbia County, Florida

- Overall Rank: 1,482
- Population: 69,832
- Median household income: $53,501
- Median home value: $165,300 (71% own)
- Median rent: $905 (29% rent)

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#23. Hardee County, Florida

- Overall Rank: 1,438
- Population: 25,528
- Median household income: $44,665
- Median home value: $118,700 (67% own)
- Median rent: $904 (33% rent)

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#22. Baker County, Florida

- Overall Rank: 1,427
- Population: 27,969
- Median household income: $67,872
- Median home value: $198,900 (80% own)
- Median rent: $959 (20% rent)

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#21. DeSoto County, Florida

- Overall Rank: 1,398
- Population: 34,258
- Median household income: $45,000
- Median home value: $139,500 (71% own)
- Median rent: $861 (29% rent)

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#20. Highlands County, Florida

- Overall Rank: 1,247
- Population: 102,339
- Median household income: $53,679
- Median home value: $155,900 (78% own)
- Median rent: $919 (22% rent)

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#19. Putnam County, Florida

- Overall Rank: 1,196
- Population: 73,604
- Median household income: $44,852
- Median home value: $125,700 (73% own)
- Median rent: $844 (27% rent)

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#18. Bradford County, Florida

- Overall Rank: 1,175
- Population: 27,816
- Median household income: $54,759
- Median home value: $153,900 (68% own)
- Median rent: $902 (32% rent)

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#17. Gadsden County, Florida

- Overall Rank: 1,074
- Population: 43,746
- Median household income: $45,721
- Median home value: $137,300 (74% own)
- Median rent: $781 (26% rent)

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#16. Levy County, Florida

- Overall Rank: 952
- Population: 43,268
- Median household income: $49,933
- Median home value: $151,800 (80% own)
- Median rent: $798 (20% rent)

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#15. Jefferson County, Florida

- Overall Rank: 933
- Population: 14,458
- Median household income: $51,573
- Median home value: $167,600 (75% own)
- Median rent: $727 (25% rent)

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#14. Gilchrist County, Florida

- Overall Rank: 867
- Population: 18,070
- Median household income: $56,823
- Median home value: $165,500 (83% own)
- Median rent: $801 (17% rent)

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#13. Washington County, Florida

- Overall Rank: 864
- Population: 25,014
- Median household income: $47,536
- Median home value: $137,600 (78% own)
- Median rent: $853 (22% rent)

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#12. Glades County, Florida

- Overall Rank: 863
- Population: 12,179
- Median household income: $37,221
- Median home value: $91,300 (78% own)
- Median rent: $832 (22% rent)

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#11. Madison County, Florida

- Overall Rank: 743
- Population: 17,986
- Median household income: $43,386
- Median home value: $92,400 (71% own)
- Median rent: $832 (29% rent)

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#10. Liberty County, Florida

- Overall Rank: 689
- Population: 7,704
- Median household income: $51,723
- Median home value: $113,300 (81% own)
- Median rent: $884 (19% rent)

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#9. Suwannee County, Florida

- Overall Rank: 665
- Population: 43,881
- Median household income: $49,729
- Median home value: $136,500 (75% own)
- Median rent: $760 (25% rent)

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#8. Jackson County, Florida

- Overall Rank: 506
- Population: 47,704
- Median household income: $46,144
- Median home value: $113,300 (74% own)
- Median rent: $756 (26% rent)

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#7. Union County, Florida

- Overall Rank: 494
- Population: 15,524
- Median household income: $64,043
- Median home value: $146,200 (70% own)
- Median rent: $785 (30% rent)

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#6. Taylor County, Florida

- Overall Rank: 362
- Population: 21,421
- Median household income: $46,239
- Median home value: $89,300 (77% own)
- Median rent: $909 (23% rent)

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#5. Calhoun County, Florida

- Overall Rank: 328
- Population: 13,753
- Median household income: $41,526
- Median home value: $118,100 (77% own)
- Median rent: $610 (23% rent)

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#4. Hamilton County, Florida

- Overall Rank: 180
- Population: 13,492
- Median household income: $47,668
- Median home value: $100,800 (75% own)
- Median rent: $778 (25% rent)

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#3. Lafayette County, Florida

- Overall Rank: 168
- Population: 8,107
- Median household income: $57,852
- Median home value: $118,600 (81% own)
- Median rent: $853 (19% rent)

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#2. Holmes County, Florida

- Overall Rank: 154
- Population: 19,529
- Median household income: $46,063
- Median home value: $94,900 (77% own)
- Median rent: $792 (23% rent)

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#1. Dixie County, Florida

- Overall Rank: 96
- Population: 16,737
- Median household income: $45,057
- Median home value: $93,200 (83% own)
- Median rent: $805 (17% rent)

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 32 states.

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