Cost of Living in Port St. Joe, FL

With a cost of living index of 98, Port St. Joe, FL is slightly more affordable than average. Living here is 2% cheaper than the national average and 12% below the Florida state average of 110. Port St. Joe is a small community of 3,499 residents.

Housing costs are the biggest factor in Port St. Joe's cost of living. The median monthly rent is $1,342 (2% above the US median of $1,319), and the median home value sits at $280,600 (8% below the national median of $304,900). At current prices, the median home costs roughly 4.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Port St. Joe is $60,347, which is 20% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Port St. Joe. The area sees an average annual temperature of 69.1°F, with summers averaging 82°F and winters around 56°F. Annual rainfall totals 53.1 inches spread over roughly 118 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.

Everyday prices in the Panama City-Panama City Beach, 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.