Cost of Living in Tallahassee, FL

Leon County · 2026 Data · All counties covered

COL Index
88
vs FL Avg
-17
Median Income
$47K

Cost of Living Breakdown

Overall Cost of Living
92vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 10088
Groceries
US avg = 10095
Healthcare
US avg = 10094
Transportation
US avg = 10092
Utilities
US avg = 10093

Housing & Income in Tallahassee

Median Home Price
$265,000
Estimated market price
Median Monthly Rent
$1,400
All unit types
Median Household Income
$47,000
Annual, pre-tax
Est. Monthly Payment
$1,303
20% down, 30yr fixed
Property Tax Rate
0.9%
~$2,385/yr
Price-to-Rent Ratio
15.8x
<15 favors buying

About Living in Tallahassee

Florida's capital city is a college town and government hub with a low cost of living, canopy roads, and a lively food and arts scene.

With a cost of living index of 88, Tallahassee is 12% below the US average and 17 points below the Florida average of 105. The median household income of $47,000 supports a home-price-to-income ratio of 5.6x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Tallahassee

What is the cost of living in Tallahassee, FL?

Tallahassee's overall cost of living index is 88 compared to the US average of 100. Housing (88) is the main driver, with groceries at 95, healthcare at 94, transportation at 92, and utilities at 93.

Is Tallahassee affordable to live in?

Yes — Tallahassee is considered affordable by Florida standards, with a COL index of 88. Median rent is $1,400/mo and the median home price is $265,000.

How does Tallahassee compare to the Florida average?

Tallahassee's COL index of 88 is 17 points below the Florida average of 105. It's one of Florida's more budget-friendly options.

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