Cost of Living in Apalachicola, FL

With a cost of living index of 94, Apalachicola, FL is slightly more affordable than average. Living here is 6% cheaper than the national average and 17% below the Florida state average of 110. Apalachicola is a small community of 2,304 residents.

Housing costs are the biggest factor in Apalachicola's cost of living. The median monthly rent is $1,235 (6% below the US median of $1,319), and the median home value sits at $247,900 (19% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Apalachicola is $61,083, which is 19% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.