Cost of Living in Mount Carmel, FL

With a cost of living index of 95, Mount Carmel, FL is slightly more affordable than average. Living here is 5% cheaper than the national average and 16% below the Florida state average of 110. Mount Carmel is a small community of 270 residents.

The median household income in Mount Carmel is $165,865, which is 121% higher than the national median of $75,149.

Climate is another factor for anyone considering a move to Mount Carmel. The area sees an average annual temperature of 65.5°F, with summers averaging 79°F and winters around 51°F. Annual rainfall totals 61.5 inches spread over roughly 110 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

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.