Cost of Living in LaBelle, FL

With a cost of living index of 89, LaBelle, FL is a very affordable place to live. Living here is 11% cheaper than the national average and 21% below the Florida state average of 110. LaBelle is a smaller community of 5,042 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in LaBelle's cost of living. The median monthly rent is $1,375 (4% above the US median of $1,319), and the median home value sits at $139,300 (54% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in LaBelle is $49,385, which is 34% lower than the national median of $75,149. Residents spend roughly 33% 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.

Climate is another factor for anyone considering a move to LaBelle. The area sees an average annual temperature of 75°F, with summers averaging 83°F and winters around 66°F. Annual rainfall totals 53.4 inches spread over roughly 132 days.

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.