Cost of living in South Bay, Florida

Cost of living
compared to USA

the highest

Cost of living
compared to Florida

the highest

Median household
income

the lowest

Is it expensive to live in South Bay, Florida? When calculating the cost of living in South Bay, 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 South Bay, Florida 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, while median household income in South Bay is $40,117 which is the lowest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida.

Taxes in South Bay, Florida

The sales tax rate in South Bay, Florida is 7.0%. Last year, the average property taxes paid was 1.1% South Bay, Florida.

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

Housing costs in South Bay, Florida

The average cost of
a single-family home
compated to USA

moderate

The average cost of
a single-family home
compated to Florida

the lowest

In South Bay, Florida, 54.0% of the population owns their homes, while approximately 46.0% rent. The average cost of a single-family home in South Bay, Florida in 2022 is $239,720 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics 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 $804 per month.

Rental Size	Monthly Cost	Compared to Florida
1 Bedroom	$804	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$985	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,315	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$1,611	the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest