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MIAMI – While inflation has fallen from 2022 peaks, high prices are still eating into household budgets. Many Americans are paying keen attention to their finances and finding ways to reduce spending.
Home prices, rent, and food inflation, as well as higher prices for gas in the last couple of years, are making it so that each dollar earned has even less purchasing power than before. In the first two months of 2024, Americans were able to save about 3.9% of their disposable income, according to the Bureau of Economic Analysis, well below historic levels.
Stacker compiled a list of counties with the lowest cost of living in Florida using rankings from Niche.
30. Gulf County
Overall rank: 1,898
Population: 15,002
Median household income: $56,250
Median home value: $197,700 (79% own)
Median rent: $1,143 (21% rent)
29. Franklin County
Overall rank: 1,765
Population: 12,276
Median household income: $58,107
Median home value: $236,100 (81% own)
Median rent: $1,045 (19% rent)
28. Citrus County
Overall rank: 1,682
Population: 155,173
Median household income: $52,569
Median home value: $190,800 (85% own)
Median rent: $1,000 (15% rent)
27. Okeechobee County
Overall rank: 1,599
Population: 39,870
Median household income: $50,476
Median home value: $158,500 (74% own)
Median rent: $963 (26% rent)
26. Hendry County
Overall rank: 1,558
Population: 39,902
Median household income: $49,259
Median home value: $153,200 (70% own)
Median rent: $892 (30% rent)
25. Wakulla County
Overall rank: 1,520
Population: 33,732
Median household income: $72,035
Median home value: $198,600 (81% own)
Median rent: $1,041 (19% rent)
24. Columbia County
Overall rank: 1,482
Population: 69,832
Median household income: $53,501
Median home value: $165,300 (71% own)
Median rent: $905 (29% rent)
23. Hardee County
Overall rank: 1,438
Population: 25,528
Median household income: $44,665
Median home value: $118,700 (67% own)
Median rent: $904 (33% rent)
22. Baker County
Overall rank: 1,427
Population: 27,969
Median household income: $67,872
Median home value: $198,900 (80% own)
Median rent: $959 (20% rent)
21. DeSoto County
Overall rank: 1,398
Population: 34,258
Median household income: $45,000
Median home value: $139,500 (71% own)
Median rent: $861 (29% rent)
20. Highlands County
Overall rank: 1,247
Population: 102,339
Median household income: $53,679
Median home value: $155,900 (78% own)
Median rent: $919 (22% rent)
19. Putnam County
Overall rank: 1,196
Population: 73,604
Median household income: $44,852
Median home value: $125,700 (73% own)
Median rent: $844 (27% rent)
18. Bradford County
Overall rank: 1,175
Population: 27,816
Median household income: $54,759
Median home value: $153,900 (68% own)
Median rent: $902 (32% rent)
17. Gadsden County
Overall rank: 1,074
Population: 43,746
Median household income: $45,721
Median home value: $137,300 (74% own)
Median rent: $781 (26% rent)
16. Levy County
Overall rank: 952
Population: 43,268
Median household income: $49,933
Median home value: $151,800 (80% own)
Median rent: $798 (20% rent)
15. Jefferson County
Overall rank: 933
Population: 14,458
Median household income: $51,573
Median home value: $167,600 (75% own)
Median rent: $727 (25% rent)
14. Gilchrist County
Overall rank: 867
Population: 18,070
Median household income: $56,823
Median home value: $165,500 (83% own)
Median rent: $801 (17% rent)
13. Washington County
Overall rank: 864
Population: 25,014
Median household income: $47,536
Median home value: $137,600 (78% own)
Median rent: $853 (22% rent)
12. Glades County
Overall rank: 863
Population: 12,179
Median household income: $37,221
Median home value: $91,300 (78% own)
Median rent: $832 (22% rent)
11. Madison County
Overall rank: 743
Population: 17,986
Median household income: $43,386
Median home value: $92,400 (71% own)
Median rent: $832 (29% rent)
10. Liberty County
Overall rank: 689
Population: 7,704
Median household income: $51,723
Median home value: $113,300 (81% own)
Median rent: $884 (19% rent)
9. Suwannee County
Overall rank: 665
Population: 43,881
Median household income: $49,729
Median home value: $136,500 (75% own)
Median rent: $760 (25% rent)
8. Jackson County
Overall rank: 506
Population: 47,704
Median household income: $46,144
Median home value: $113,300 (74% own)
Median rent: $756 (26% rent)
7. Union County
Overall rank: 494
Population: 15,524
Median household income: $64,043
Median home value: $146,200 (70% own)
Median rent: $785 (30% rent)
6. Taylor County
Overall rank: 362
Population: 21,421
Median household income: $46,239
Median home value: $89,300 (77% own)
Median rent: $909 (23% rent)
5. Calhoun County
Overall rank: 328
Population: 13,753
Median household income: $41,526
Median home value: $118,100 (77% own)
Median rent: $610 (23% rent)
4. Hamilton County
Overall rank: 180
Population: 13,492
Median household income: $47,668
Median home value: $100,800 (75% own)
Median rent: $778 (25% rent)
3. Lafayette County
Overall rank: 168
Population: 8,107
Median household income: $57,852
Median home value: $118,600 (81% own)
Median rent: $853 (19% rent)
2. Holmes County
Overall rank: 154
Population: 19,529
Median household income: $46,063
Median home value: $94,900 (77% own)
Median rent: $792 (23% rent)
1. Dixie County
Overall rank: 96
Population: 16,737
Median household income: $45,057
Median home value: $93,200 (83% own)
Median rent: $805 (17% rent)
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