Cost of Living in Jasper, FL

With a cost of living index of 67, Jasper, FL is one of the most affordable cities in the country. Living here is 33% cheaper than the national average and 44% below the Florida state average of 110. Jasper is a small community of 4,485 residents.

Housing costs are the biggest factor in Jasper's cost of living. The median monthly rent is $744 (44% below the US median of $1,319), and the median home value sits at $100,100 (67% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Jasper is $41,759, which is 44% lower than the national median of $75,149. Residents spend roughly 21% 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.

Climate is another factor for anyone considering a move to Jasper. The area sees an average annual temperature of 67°F, with summers averaging 80°F and winters around 53°F. Annual rainfall totals 48.4 inches spread over roughly 118 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.