What is the cost of living in Callaway, FL?
According to the most recent data on the cost of living, Callaway has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Callaway has a cost of living index that's 1.0x lower than Florida's index of 104.
The standard of living in Callaway ranks as #102 most affordable out of the 462 places we measured in Florida. By definition, that implies Callaway ranks as the #360 most expensive place in the Sunshine State.
For more reading on life in Callaway, check out:
Callaway Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Callaway. Here is how it fares on each of the criteria:
The Services index in Callaway is 102.
The Groceries index in Callaway is 102.
The Health index in Callaway is 87.
The Housing index in Callaway is 99.
The Transportation index in Callaway is 107.
The Utilities index in Callaway is 105.
| Living Expense | Callaway | Florida | National Average |
|---|---|---|---|
| Overall | 101 | 104 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 102 | 105 | 100 |
| Health | 87 | 99 | 100 |
| Housing | 99 | 104 | 100 |
| Transportation | 107 | 109 | 100 |
| Utilities | 105 | 105 | 100 |
Callaway Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Callaway Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Callaway, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Callaway is $260,914.
The Median Rent in Callaway is $1,322.
The Median Income in Callaway is $65,609.
The Home Value To Income in Callaway is 4.0x.
The Rent To Monthly Income in Callaway is 0.24x.
Callaway, FL Costs By Category
Detailed Callaway Services costs vs. Florida
Detailed Callaway Groceries costs vs. Florida
Detailed Callaway Health costs vs. Florida
Detailed Callaway Transportation costs vs. Florida
Callaway SnackAbility
Cost Of Living In Cities Around Callaway
The cost of living varies in the cities and towns around Callaway. Here's a quick look at the cost of living in the most populous nearby places:
Lynn Haven, FL has a cost of living index of 112, 1.1x Callaway.
Upper Grand Lagoon, FL has a cost of living index of 111, 1.1x Callaway.
Springfield, FL has a cost of living index of 96, 1.0x Callaway.
| City | Population | Cost Of Living | Vs. Callaway |
|---|---|---|---|
| Lynn Haven, FL | 20,081 | 112 | 1.1x |
| Upper Grand Lagoon, FL | 17,232 | 111 | 1.1x |
| Springfield, FL | 8,230 | 96 | 1.0x |
