Cost of living in Gulfport research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gulfport is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gulfport is 96, with 100 being the average.
The cost of living index in Gulfport is 1.0x lower than the national average.
Gulfport ranks as the #186 cheapest in Florida out of 459.
Gulfport ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Gulfport is $252,500.
The median income in Gulfport is $56,896.
According to the most recent data on the cost of living, Gulfport has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Florida, Gulfport has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Gulfport ranks as #186 most affordable out of the 459 places we measured in Florida. By definition, that implies Gulfport ranks as the #273 most expensive place in the Sunshine State.
For more reading on life in Gulfport, check out:
Six factors go into calculating the cost of living index in Gulfport. Here is how it fairs on each of the criteria:
The Services index in Gulfport is 97.
The Groceries index in Gulfport is 106.
The Health index in Gulfport is 99.
The Housing index in Gulfport is 84.
The Transportation index in Gulfport is 101.
The Utilities index in Gulfport is 100.
Living Expense | Gulfport | Florida | National Average | |
---|---|---|---|---|
Overall | 96 | 101 | 100 | |
Services | 97 | 98 | 100 | |
Groceries | 106 | 101 | 100 | |
Health | 99 | 96 | 100 | |
Housing | 84 | 108 | 100 | |
Transportation | 101 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Gulfport is $252,500.
The Median Rent in Gulfport is $1,211.
The Median Income in Gulfport is $56,896.
The Home Value To Income in Gulfport is 4.4x.
The Rent To Monthly Income in Gulfport is 0.26x.
Statistic | Gulfport | Florida | United States |
---|---|---|---|
Median Home Value | $252,500 | $248,700 | $244,900 |
Median Rent | $1,211 | $1,301 | $1,163 |
Median Income | $56,896 | $61,777 | $69,021 |
Home Value To Income | 4.4x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Gulfport. Here's a quick look at the cost of living in the most populous nearby places:
St. Petersburg, FL has a cost of living index of 95, 1.0x Gulfport.
Clearwater, FL has a cost of living index of 98, 1.0x Gulfport.
Town 'n' Country, FL has a cost of living index of 94, 1.0x Gulfport.
City | Population | Cost Of Living | Vs. Gulfport |
---|---|---|---|
St. Petersburg, FL | 258,245 | 95 | 1.0x |
Clearwater, FL | 116,616 | 98 | 1.0x |
Town 'n' Country, FL | 89,679 | 94 | 1.0x |
Largo, FL | 82,505 | 91 | 0.9x |
Bradenton, FL | 54,918 | 95 | 1.0x |
Pinellas Park, FL | 53,130 | 93 | 1.0x |
Lealman, FL | 21,213 | 84 | 0.9x |
Seminole, FL | 19,224 | 99 | 1.0x |
Safety Harbor, FL | 17,093 | 104 | 1.1x |
West Lealman, FL | 13,847 | 88 | 0.9x |