Cost of Living in Pensacola, FL
Population: 54,011 • 2026 Data
$72,699
Median Household Income
-6% vs national
$1,209
Median Monthly Rent
-10% vs national
$276,500
Median Home Value
-18% vs national
5.3%
Unemployment Rate
Housing in Pensacola
The median home value in Pensacola, FL is $276,500. Monthly rent for a typical unit averages $1,209, while total monthly housing costs (including utilities and insurance) average $1,193.
Rent-to-income ratio: 20.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Pensacola, FL is $72,699. The unemployment rate stands at 5.3%, with a labor force of 28,026 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.