Destin, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Destin, FL Summary

Cost of living in Destin research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Destin is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Destin is 113, with 100 being the average.

  • The cost of living index in Destin is 1.1x higher than the national average.

  • Destin ranks as the #369 cheapest in Florida out of 459.

  • Destin ranks as the #4,363 cheapest out of 6,412 in the US.

  • The median home value in Destin is $357,400.

  • The median income in Destin is $81,827.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
113
Destin's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Destin, FL?

According to the most recent data on the cost of living, Destin has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.

Compared to Florida, Destin has a cost of living index that's 1.1x higher than Florida's index of 101.

The standard of living in Destin ranks as #369 most affordable out of the 459 places we measured in Florida. By definition, that implies Destin ranks as the #90 most expensive place in the Sunshine State.

For more reading on life in Destin, check out:

369 out of 459
In Florida
4,363 out of 6,412
In America

Destin Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Destin. Here is how it fairs on each of the criteria:

  • The Services index in Destin is 95.

  • The Groceries index in Destin is 99.

  • The Health index in Destin is 95.

  • The Housing index in Destin is 149.

  • The Transportation index in Destin is 99.

  • The Utilities index in Destin is 123.

Living Expense Destin Florida National Average
Overall 113 101 100
Services 95 98 100
Groceries 99 101 100
Health 95 96 100
Housing 149 108 100
Transportation 99 98 100
Utilities 123 100 100
For more reading on cost of living around Florida, check out:
Destin Cost of Living Vs. FL

Destin, 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 2017-2021. The key points are:

  • The Median Home Value in Destin is $357,400.

  • The Median Rent in Destin is $1,636.

  • The Median Income in Destin is $81,827.

  • The Home Value To Income in Destin is 4.4x.

  • The Rent To Monthly Income in Destin is 0.24x.

Statistic Destin Florida United States
Median Home Value $357,400 $248,700 $244,900
Median Rent $1,636 $1,301 $1,163
Median Income $81,827 $61,777 $69,021
Home Value To Income 4.4x 4.0x 3.5x
Rent To Monthly Income 0.24x 0.25x 0.2x
Search Homes For Sale In Destin, FL
$357,400
Median Home Value
$1,636
Median Rent
$81,827
Median Income

Destin, FL Costs By Category

Detailed Destin Services Costs Vs. Florida

Item Destin Florida
Shampoo $0.91 $1.06
Movie $10.11 $10.68
Bowling $13.56 $14.67
Haircut $20.99 $18.62
Beauty Salon $40.18 $39.05

Detailed Destin Groceries Costs Vs. Florida

Item Destin Florida
Ground Beef $4.78 $4.22
Fried Chicken $1.12 $1.39
Milk $2.74 $2.05
Potatoes $4.2 $3.29
Pizza $10.82 $10.62
Beer $10.29 $9.38
Toothpaste $2.54 $2.34

Detailed Destin Health Costs Vs. Florida

Item Destin Florida
Optometrist $67.63 $108.57
Doctor $93.0 $116.17
Dentist $100.33 $99.13

Detailed Destin Transportation Costs Vs. Florida

Item Destin Florida
Gasoline $2.29 $2.22
Tire Balancing $40.98 $50.07

Detailed Destin Utilities Costs Vs. Florida

Item Destin Florida
All Electricity $223.75 $167.67
Phone $188.77 $175.64

Destin SnackAbility

7.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
5
Diversity
8
Safety
N/A
Amenities
8.5
Education
8.5
Commute
8

Cost Of Living In Cities Around Destin

The cost of living varies in the cities and towns around Destin. Here's a quick look at the cost of living in the most populous nearby places:

  • Pensacola, FL has a cost of living index of 94, 0.8x Destin.

  • Navarre, FL has a cost of living index of 104, 0.9x Destin.

  • Ferry Pass, FL has a cost of living index of 95, 0.8x Destin.

City Population Cost Of Living Vs. Destin
Pensacola, FL 53,845 94 0.8x
Navarre, FL 38,994 104 0.9x
Ferry Pass, FL 30,526 95 0.8x
Wright, FL 24,814 97 0.9x
Pace, FL 23,527 98 0.9x
Fort Walton Beach, FL 20,805 96 0.8x
Upper Grand Lagoon, FL 18,140 105 0.9x
Myrtle Grove, FL 17,023 87 0.8x
Niceville, FL 15,532 103 0.9x
Miramar Beach, FL 9,059 119 1.1x

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