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Cost of living

Punta Gorda, Florida

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Punta Gorda, FL is #56 on the list Top 100 Best Cities For Retirees in 2023, #27 on the list Top 100 Best Cities for Outdoor Living in 2022

Cost of living in Punta Gorda, Florida

  • Cost of living compared to USAmoderate
  • Cost of living compared to Floridalow
  • Median household incomemoderate

Is it expensive to live in Punta Gorda, Florida? When calculating the cost of living in Punta Gorda, Florida we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Punta Gorda, Florida is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida, while median household income in Punta Gorda is $56,874 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida.

Taxes in Punta Gorda, Florida

The sales tax rate in Punta Gorda, Florida is 7.0%. Last year, the average property taxes paid was 1.0% Punta Gorda, Florida.

The state of Florida is one of the states with no state income taxes.

Housing costs in Punta Gorda, Florida

  • The average cost of a single-family home compared to USAthe highest
  • The average cost of a single-family home compared to Floridathe highest

In Punta Gorda, Florida, 83.0% of the population owns their homes, while approximately 17.0% rent. The average cost of a single-family home in Punta Gorda, Florida in 2022 is $552,105 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida. The average one-bedroom apartment cost is approximately $976 per month.

Rental SizeMonthly CostCompared to Florida
1 Bedroom$976lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,214lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,674lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,009lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest

Pros and Cons of living in Punta Gorda, Florida in reviews from users in their own words:

ProsCons
  • "Water access, safe, active"
  • "Weather, HOA Fees"

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