Pensacola, Florida has an overall cost of living index of 97.8, which is 2.2 points below the US average of 100 — making it about average versus most American cities. Renters pay a median of $1,322 per month, while the typical home is valued around $314,400. Households earn a median of $74,212 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$74,212
Median Income / yr
Census ACS
$1,322
Median Rent / mo
Census ACS
$314,400
Median Home Value
Census ACS
97.8
Cost of Living Index
Studio FMR
$1,112
HUD · FY2024
1BR Fair Market Rent
$1,257
HUD · FY2024
2BR Fair Market Rent
$1,471
HUD · FY2024
3BR Fair Market Rent
$1,952
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
97.8
Goods
96.3
Rents / Housing
96.7
Services
91.4
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $117,750 |
| Registered Nurse | $83,320 |
| Elementary Teacher | $53,580 |
| Electrician | $50,600 |
| Accountant | $74,360 |
| Plumber | $48,030 |
| Nurse Practitioner | $291,870 |
| Civil Engineer | $101,690 |
| Operations Manager | $109,960 |
| Market Research Analyst | $75,820 |
| Health Services Manager | $109,540 |
| Truck Driver | $51,150 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $112,770 |
Source: BLS OEWS 2023 (metro-level data)
Population
54,036
Latest estimate
Median Age
41.3 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
6
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,120
Per month
Avg Home Value
$209,617
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 32501 | — | $906 | $253,500 |
| ZIP 32502 | — | $1,173 | $233,900 |
| ZIP 32503 | — | $1,141 | $236,800 |
| ZIP 32504 | — | $1,194 | $229,300 |
| ZIP 32505 | — | $1,035 | $100,900 |
| ZIP 32514 | — | $1,271 | $203,300 |
January Avg
53°F
July Avg
83°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Subtropical · Source: NOAA/NCEI 30-year normals.
Healthcare Score
30.6
poor
Hospitals
3
Doctors per 1,000
1.00
Insurance Coverage
88.7%
Pensacola has a Regional Price Parity (RPP) index of 97.8. The US national average is 100, so Pensacola is 2.2 points below the national average.
The median gross rent in Pensacola is $1,322 per month according to US Census ACS data.
The median household income in Pensacola is $74,212 per year.
The median home value in Pensacola is $314,400 based on the latest Census ACS survey.
Air quality data for Pensacola is not yet available.
Tax data for Florida is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
