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Home » United States » What is the cost of living index in Pensacola Florida?

What is the cost of living index in Pensacola Florida?

December 14, 2021 by Bo Lang

Comparison Highlights

Cost of Living Indexes Pensacola, FL Jacksonville, FL
Overall Index: Homeowner, No Child care, Taxes Not Considered 87.2 94.2
Food & Groceries 96.6 99.2
Housing (Homeowner) 62.5 78
Median Home Cost $183,800 $231,800

Contents

Is Pensacola Florida expensive to live?

PRO: The Cost of Living in Pensacola Is Affordable
At 87.3/100, it’s almost 25 points less than the national average, which is very affordable.

Is Pensacola good for retirement?

In news that shouldn’t shock retirees and snowbirds who have long enjoyed the respite provided by the area’s beaches, Pensacola was recognized this week by U.S. News & World Report as one of the top 25 cities to retire to in 2021.

Is Pensacola FL a good place to live?

Pensacola is one of the best places to live, especially to raise a family in Florida. It’s part of Escambia County, and is also recognized as one of the largest metropolitan areas in the Gulf Coast. Known as a laidback city, Pensacola is appreciated for its carefree living.

What is the median household income in Pensacola Florida?

$50,493
Table

Population
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $50,493
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $33,043
Persons in poverty, percent  17.4%

Is Pensacola affordable?

SmartAsset, a website that provides personal financial advice to its readers, crunched the numbers and learned that Pensacola is the second most affordable beach town in America.Low-home values, affordable housing costs and relatively low property taxes were the contributing factors in Pensacola’s No.

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What are the pros and cons of living in Pensacola Florida?

The Pros And Cons Of Living In Pensacola

  • Pro: Excellent Employment Opportunities.
  • Con: High Crime Rates.
  • Pro: Great Housing Market.
  • Con: Vulnerability to Inclement Weather.
  • Pro: Good School Districts.
  • Con: Local Government Performance.
  • Conclusion.

How cold does it get in Pensacola Florida in the winter?

Freezing temperatures happen sporadically throughout winter at Pensacola. Once every year or two a night drops down to 20 °F (-8 °C) or even lower. Pensacola can get a day when the temperature never rises above 32 degrees F.

Is Gulf Breeze FL A good place to live?

Gulf Breeze is one of the best places to live and raise a family. It offers many quality schools for parents to choose from and has an overall sense of safety with a low crime index. Many of the residents here are university graduates and young professionals just starting families.

Is Perdido Key a good place to retire?

For many reasons, Perdido Key may be considered a retiree’s dream neighborhood. According to NeighborhoodScout’s exclusive analysis and metrics, it’s peaceful and quiet, has above average safety from crime compared to other neighborhoods in Florida, while also offering a diverse range of housing options.

Does Pensacola get hurricanes?

Since 1975, Pensacola has been directly hit by eight hurricanes and even more tropical storms. Today, the city ranks 8th on Sperling’s list of the “worst places for hurricanes” in the United States.

What do I need to know about moving to Pensacola?

Top 10 Reasons to Relocate to Pensacola

  • Beautiful White Sand Beaches.
  • Florida Does Not Have a State Income Tax.
  • A Year-Round Playground for Outdoor Activities.
  • Pensacola Offers Affordable Real Estate.
  • Pensacola Has Great Cuisine & Dining Options.
  • Pensacola Has Top-Rated Healthcare.
  • Pensacola Has a Strong Employment Market.
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How cold does it get in Pensacola?

In Pensacola, the summers are long, hot, and oppressive; the winters are short, cold, and windy; and it is wet and partly cloudy year round. Over the course of the year, the temperature typically varies from 45°F to 89°F and is rarely below 31°F or above 94°F.

What is a good salary in Pensacola?

Full Time Salary in Pensacola, FL

Annual Salary Hourly Wage
Top Earners $53,612 $26
75th Percentile $29,686 $14
Average $41,071 $20
25th Percentile $22,154 $11

What is the main industry in Pensacola Florida?

The largest industries in Pensacola, FL are Health Care & Social Assistance (4,291 people), Accommodation & Food Services (3,165 people), and Retail Trade (2,824 people), and the highest paying industries are Utilities ($64,259), Professional, Scientific, & Technical Services ($62,500), and Finance & Insurance ($50,944

Is Pensacola poor?

The poverty rate in Pensacola is 17.5%. One out of every 5.7 residents of Pensacola lives in poverty. How many people in Pensacola, Florida live in poverty? 9,157 of 52,334 Pensacola residents reported income levels below the poverty line in the last year.

What is the average electric bill in Pensacola Florida?

The average monthly residential electric bill in Escambia County totals $155.18. In contrast, the national average bill is $120.24. The average residential price per kilowatt hour in Escambia County is 13.68 cents. This rate is around 1.68% more than the national average rate of 13.45 cents per kilowatt hour.

How much is the average water bill in Pensacola Florida?

The average Water & Sewer bill paid on doxo in Pensacola, Florida was $83.

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Is Pensacola a safe city?

With a crime rate of 44 per one thousand residents, Pensacola has one of the highest crime rates in America compared to all communities of all sizes – from the smallest towns to the very largest cities. One’s chance of becoming a victim of either violent or property crime here is one in 23.

What is the racial makeup of Pensacola Florida?

According to the most recent ACS, the racial composition of Pensacolawas: White: 63.57% Black or African American: 28.63% Two or more races: 5.19%

What is the economy like in Pensacola Florida?

The US average is 7.3%. – The Income Tax Rate for Pensacola is 0.0%. The US average is 4.6%.
Income and Salaries for Pensacola.

ECONOMY Pensacola, Florida United States
Unemployment Rate 4.3% 6.0%
Recent Job Growth -3.5% -6.2%
Future Job Growth 42.0% 33.5%
Sales Taxes 7.5% 6.2%

Filed Under: United States Tagged With: Florida, Pensacola

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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