Cost of Living in Century, FL

With a cost of living index of 60, Century, FL is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 50% below the Florida state average of 110. Century is a small community of 1,972 residents.

Housing costs are the biggest factor in Century's cost of living. The median monthly rent is $708 (46% below the US median of $1,319), and the median home value sits at $66,700 (78% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Century is $26,716, which is 64% lower than the national median of $75,149. Residents spend roughly 32% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Pensacola-Ferry Pass-Brent, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.