Cost of Living in Pensacola, FL
| Cost of Living in Pensacola, FL | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 28% lower | 25% lower |
| Utilities (Monthly) | 13% higher | 11% higher |
| Food | 18% lower | 14% lower |
| Healthcare | 12% lower | 14% lower |
| Transportation | 6% higher | 2% higher |
| Goods & Services | 13% lower | 12% lower |
The cost of living in Pensacola, FL is 14% lower than the state average and 13% lower than the national average. Pensacola, FL housing is 25% cheaper than the U.S average, while utilities are about 11% pricier. When it comes to basic necessities such as food and clothing, groceries are around 14% cheaper in Pensacola, FL than in the rest of the country, while clothing costs around 12% less .
Healthcare services such as doctor check-ups and dentistry cost 14% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 12% cheaper in Pensacola, FL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Pensacola is $1,439, while home prices circle around $418,503.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Pensacola, energy bills cost around $243.34 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.88 in Pensacola, a dozen eggs go for around $1.83 and a pound of potatoes circles around $4.67.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Pensacola, an optometry check-up costs around $79.97, while a dentist appointment is priced $105.69 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.75 in Pensacola, while getting your tires balanced will run you about $46.49.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $29.30 here. Meanwhile, a pair of women's slacks will set you back around $32.08.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Pensacola, you should budget around $12.68 a month. When it comes to personal services, a haircut usually goes for $26.13, while dry cleaning costs about $15.63.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Pensacola, the median household income is $72,699.