Fort Walton Beach, FL Cost Of Living
Cost Of Living In Fort Walton Beach, FL Summary
Cost of living in Fort Walton Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fort Walton Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fort Walton Beach is 96, with 100 being the average.
The cost of living index in Fort Walton Beach is 1.0x lower than the national average.
Fort Walton Beach ranks as the #186 cheapest in Florida out of 459.
Fort Walton Beach ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Fort Walton Beach is $223,100.
The median income in Fort Walton Beach is $55,623.
Table Of Contents
Fort Walton Beach's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fort Walton Beach, FL?
According to the most recent data on the cost of living, Fort Walton Beach has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Florida, Fort Walton Beach has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Fort Walton Beach ranks as #186 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Walton Beach ranks as the #273 most expensive place in the Sunshine State.
For more reading on life in Fort Walton Beach, check out:
- Living In Fort Walton Beach
- Fort Walton Beach Crime Report
- Search Homes For Sale In Fort Walton Beach, FL
In Florida
In America
Fort Walton Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Fort Walton Beach. Here is how it fairs on each of the criteria:
The Services index in Fort Walton Beach is 96.
The Groceries index in Fort Walton Beach is 99.
The Health index in Fort Walton Beach is 93.
The Housing index in Fort Walton Beach is 91.
The Transportation index in Fort Walton Beach is 98.
The Utilities index in Fort Walton Beach is 123.
| Living Expense | Fort Walton Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 96 | 101 | 100 | |
| Services | 96 | 98 | 100 | |
| Groceries | 99 | 101 | 100 | |
| Health | 93 | 96 | 100 | |
| Housing | 91 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 123 | 100 | 100 | |
Fort Walton Beach, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fort Walton Beach is $223,100.
The Median Rent in Fort Walton Beach is $1,088.
The Median Income in Fort Walton Beach is $55,623.
The Home Value To Income in Fort Walton Beach is 4.0x.
The Rent To Monthly Income in Fort Walton Beach is 0.23x.
| Statistic | Fort Walton Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $223,100 | $248,700 | $244,900 |
| Median Rent | $1,088 | $1,301 | $1,163 |
| Median Income | $55,623 | $61,777 | $69,021 |
| Home Value To Income | 4.0x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Fort Walton Beach, FL Costs By Category
Detailed Fort Walton Beach Services Costs Vs. Florida
| Item | Fort Walton Beach | Florida |
|---|---|---|
| Shampoo | $0.91 | $1.06 |
| Movie | $10.11 | $10.68 |
| Bowling | $13.56 | $14.67 |
| Haircut | $20.99 | $18.62 |
| Beauty Salon | $40.18 | $39.05 |
Detailed Fort Walton Beach Groceries Costs Vs. Florida
| Item | Fort Walton Beach | Florida |
|---|---|---|
| Ground Beef | $4.78 | $4.22 |
| Fried Chicken | $1.12 | $1.39 |
| Milk | $2.74 | $2.05 |
| Potatoes | $4.2 | $3.29 |
| Pizza | $10.82 | $10.62 |
| Beer | $10.29 | $9.38 |
| Toothpaste | $2.54 | $2.34 |
Detailed Fort Walton Beach Health Costs Vs. Florida
| Item | Fort Walton Beach | Florida |
|---|---|---|
| Optometrist | $67.63 | $108.57 |
| Doctor | $93.0 | $116.17 |
| Dentist | $100.33 | $99.13 |
Detailed Fort Walton Beach Transportation Costs Vs. Florida
| Item | Fort Walton Beach | Florida |
|---|---|---|
| Gasoline | $2.29 | $2.22 |
| Tire Balancing | $40.98 | $50.07 |
Detailed Fort Walton Beach Utilities Costs Vs. Florida
| Item | Fort Walton Beach | Florida |
|---|---|---|
| All Electricity | $223.75 | $167.67 |
| Phone | $188.77 | $175.64 |
Fort Walton Beach SnackAbility
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Cost Of Living In Cities Around Fort Walton Beach
The cost of living varies in the cities and towns around Fort Walton Beach. Here's a quick look at the cost of living in the most populous nearby places:
Pensacola, FL has a cost of living index of 94, 1.0x Fort Walton Beach.
Navarre, FL has a cost of living index of 104, 1.1x Fort Walton Beach.
Ferry Pass, FL has a cost of living index of 95, 1.0x Fort Walton Beach.
| City | Population | Cost Of Living | Vs. Fort Walton Beach |
|---|---|---|---|
| Pensacola, FL | 53,845 | 94 | 1.0x |
| Navarre, FL | 38,994 | 104 | 1.1x |
| Ferry Pass, FL | 30,526 | 95 | 1.0x |
| Wright, FL | 24,814 | 97 | 1.0x |
| Pace, FL | 23,527 | 98 | 1.0x |
| Bellview, FL | 22,613 | 92 | 1.0x |
| Myrtle Grove, FL | 17,023 | 87 | 0.9x |
| Niceville, FL | 15,532 | 103 | 1.1x |
| Gonzalez, FL | 14,324 | 95 | 1.0x |
| Destin, FL | 13,751 | 113 | 1.2x |
