10 Cheapest Suburbs in Florida

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There are many great things to say about big-city life in Florida. There’s a lively buzz in the air. You have an ample array of restaurants and entertainment venues to choose from, and there’s typically some element of diversity among residents.

But there also are a lot of great things to be said about suburban life in Florida, where there tends to be more emphasis on community and safety — and often bigger and more affordable housing than you’ll find in major metros like Miami.  

If you live in Florida, or are considering moving there, you may be curious to know which are the cheapest suburbs in the state. GOBankingRates analyzed suburbs in Florida to find the cheapest cost of living. To do this, we used Niche.com’s best suburbs in Florida, and from there found a number of data points including household median income, cost-of-living indexes, livability scores and more. 

Let’s look at the 10 cheapest suburbs in Florida.

Plant City 

• Livability: 75
• Household median income: $62,015 
• Average value of a single-family home: $352,053  
• Average monthly mortgage cost: $1,996 
• Average monthly expenditure cost: $1,965 
• Total cost of living annually: $47,535 

Pinellas Park 

• Household median income: $62,306
• Average value of a single-family home: $335,553   
• Average monthly mortgage cost: $1,903 
• Average monthly expenditure cost: $2,038 
• Total cost of living annually: $47,292 
• Livability: 78

DeLand

• Livability: 68
• Household median income: $71,439 
• Average value of a single-family home: $345,452 
• Average monthly mortgage cost: $1,959 
• Average monthly expenditure cost: $1,970 
• Total cost of living annually: $47,144  

Dade City

• Livability: 73
• Household median income: $63,493 
• Average value of a single-family home: $328,629  
• Average monthly mortgage cost: $1,864  
• Average monthly expenditure cost: $2,055  
• Total cost of living annually: $47,018 

Pace

• Livability: 69
• Household median income: $75,761  
• Average value of a single-family home: $328,947  
• Average monthly mortgage cost: $1,865 
• Average monthly expenditure cost: $2,020   
• Total cost of living annually: $46,628 

Brooksville

• Livability: 70
• Household median income: $42,047 
• Average value of a single-family home: $322,295  
• Average monthly mortgage cost: $1,828 
• Average monthly expenditure cost: $2,019   
• Total cost of living annually: $46,161 

Crawfordville

• Livability: 77
• Household median income: $92,813  
• Average value of a single-family home: $302,318  
• Average monthly mortgage cost: $1,714 
• Average monthly expenditure cost: $2,122 
• Total cost of living annually: $46,043 

Mulberry

• Livability: 74
• Household median income: $50,645  
• Average value of a single-family home: $306,168   
• Average monthly mortgage cost: $1,736 
• Average monthly expenditure cost: $1,982 
• Total cost of living annually: $44,622 

Lake Butler

• Livability: 65
• Household median income: $150,316   
• Average value of a single-family home: $280,567    
• Average monthly mortgage cost: $1,591 
• Average monthly expenditure cost: $2,004 
• Total cost of living annually: $43,144 

Highland City

• Livability: 75
• Household median income: $85,301   
• Average value of a single-family home: $276,304  
• Average monthly mortgage cost: $1,567 
• Average monthly expenditure cost: $1,961  
• Total cost of living annually: $42,338 

Methodology: For this study, GOBankingRates analyzed suburbs in Florida to find the cheapest cost of living. First GOBankingRates found suburbs in Florida using Niche.com’s best suburbs in Florida. For each location, a number of factors were found, including total population, population ages 65 and over, total households and household median income, as sourced from the U.S. Census American Community Survey; the cost-of-living indexes as sourced from Sperling’s BestPlaces; the livability index as sourced from AreaVibes; the average single family home value as sourced from the Zillow Home Value Index. Using the average home value, assuming a 10% down payment, and using the national average 30-year fixed mortgage rate as sourced from the Federal Reserve Economic Data, the average mortgage cost was calculated. Using the cost-of-living indexes and the national average expenditure costs, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure costs were calculated for each city. Using the expenditure and mortgage costs, the total cost of living was calculated. The cities were sorted to show the cheapest suburbs in Florida. All data was collected on and is up to date as of Aug. 9, 2024.

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