Cost of Living in Fort Walton Beach Florida

Dated: May 29 2020

Views: 520

You are considering moving to Ft Walton Beach, or you are headed our way soon and you want to what the cost of living is here. Well in this post we are going to talk about the cost of living here via housing prices, renting, buying groceries, health insurance and we will even do some comparisons from across the country.

Andrew here with the Emerald Group right here in Fort Walton Beach, Florida. If this is your first time to this blog and you want to know everything about Fort Walton Beach and the surrounding area's, well we do lots of blogs and videos about everything you need to know!

Honestly, we get so many phone calls, emails and texts every single day of people moving to Fort Walton Beach and we absolutely love it! If you are thinking about moving or relocating, make sure you reach out to us, give us a call, send a text, shoot us an email, or throw us a paper plane with a note on it. However, you’d like to get a hold of us, we have your back when moving to Fort Walton Beach!

We came up with the most important cost of living items to look at when you are relocating, so whether you plan to move here, just doing a little research, or you just got orders to move to one of our local bases, we have your back with everything you need to know. We are going to jump right into the cost of living here in Fort Walton Beach, but be sure to stick around until the end when we compare some of the countries biggest cities, and see how they stack up to Fort Walton Beach.

·        Housing prices

o   Median home price in Ft Walton is $227,500 from Jan to May in 2020

o   According to the National Association of Realtors® (NAR), the national median sales price for existing single-family homes in February 2020 was $272,400, up 8.1% from the previous year; the national median existing condo price was $249,900. In California, the statewide median sales price for single-family existing homes in February was $579,770; in Massachusetts, it was $395,000; in Maryland, it was $295,000; and in New York, it was $301,000.

·        Renting

o   rental prices are higher than buying per month

o   3 bedroom, average price in Ft Walton is $1528

§  Our neighboring counties, for instance are the Santa Rosa Counties, this includes Navarre Fl, the median is $1341 and in Walton County, which includes Miramar and 30a is $1,269

o   4 bedroom, average price in Ft Walton is $1959

§  Our neighboring counties, for instance are the Santa Rosa Counties, this includes Navarre Fl, the median is $1675 and in Walton County, which includes Miramar and 30a is $1,545

·        Utilities, average overall

o   For a 1600 sq foot home you can expect about 100 bucks per month for the cooler months and creeping up to 180 per month during may, June and July.

o   Water and sewer can run about 40 to 60 bucks assuming you don’t have a pool, with a pool and sprinkler system, mine generally hits about a hundred bucks per month

o   Internet average is about $60

o   If you are fortunate to have gas you can expect it to stay fairly low, around 20 to 40 bucks

·        Gas prices, averages, they may change but comment down below and ill tell you what it is, as of May 2020 they are $1.49, though we are mid COVID-19 as I write this and prices have dropped from about $2.49 in January

·        Meals - Going out to eat

o   You can expect a meal to be around 12 bucks per person in most normal dining places in and around Fort Walton Beach, if you add a few drinks and a friend or spouse, plus tip, most of our restaurants will net you around 50 bucks for that good time

·        Groceries, average compared to the rest of the country

o   According to the folks at, you can expect to spend just shy of $300 bucks per person in groceries, assuming a western diet – compare that to the USA where the average is $341.55. That’s $172 cheaper for a family of four in groceries compared to the national average

·        Sales tax? Do we have it, how much

o   Here in Okaloosa County they are 6.5%, compare that to the two surrounding counties, Santa Rosa which is Navarre, and Walton which includes 30A at 7%

·        Income tax? Do we have it, how much

o   Florida is one of 9 states without state income tax, probably why it’s such an attractive place for people to move to

·        Health care, compare to the country, plus an average sort of idea of a healthcare plan

o   According to valuepenguin the average healthcare cost in Florida is around $450 per month, or $5,304 per year

·        Cost of living in comparison to other big cities

o   Let’s compare this to a few cities, assuming a nationwide average Household income for that particular city, according to 

o   First with Florida’s capital, Tallahassee, Ft Walton is about 1.6% cheaper to live in, so not a huge difference there

o   Atlanta, another great city near us is 16.5% more expensive overall, and primarily due to the median home which is 37% more expensive, ouch

o   When we look to Texas, we take a look at Austin, Texas which is almost 30% more expensive to live in than Fort Walton Beach.

o   Heading over into Las Angeles, in comparison to Fort Walton Beach it is 87% more expensive to live in LA, YIKES!

o   And lastly, we can’t leave out New York City which is over DOUBLE the price to live in compared to Fort Walton Beach, WOW!

o   Now those last few don’t surprise me but what does surprise me is that out of all the places we compared Ft Walton to, it’s a pretty inexpensive place to live.

Don’t forget that if you are wanting to move into the Fort Walton Beach  or surrounding area’s to give us a call, shoot a text, send an email or toss that paper airplane with a little note on it our way – however you would like to get a hold of us, we will be here. That’s it, LET’S GO TO THE BEACH!

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