Cost of Living in Timber Pines, FL

With a cost of living index of 91, Timber Pines, FL is slightly more affordable than average. Living here is 9% cheaper than the national average and 19% below the Florida state average of 110. Timber Pines is a small community of 4,790 residents.

Housing costs are the biggest factor in Timber Pines's cost of living. The median monthly rent is $1,139 (14% below the US median of $1,319), and the median home value sits at $252,800 (17% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Timber Pines is $56,298, which is 25% lower than the national median of $75,149. Residents spend roughly 24% 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 Timber Pines. The area sees an average annual temperature of 70.7°F, with summers averaging 81°F and winters around 59°F. Annual rainfall totals 51.9 inches spread over roughly 126 days.

Everyday prices in the Tampa-St. Petersburg-Clearwater, 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.