Cost of Living in Tallahassee, FL
Population: 199,696 • 2026 Data
$55,931
Median Household Income
-28% vs national
$1,238
Median Monthly Rent
-8% vs national
$276,000
Median Home Value
-19% vs national
6.4%
Unemployment Rate
Housing in Tallahassee
The median home value in Tallahassee, FL is $276,000. Monthly rent for a typical unit averages $1,238, while total monthly housing costs (including utilities and insurance) average $1,237.
Rent-to-income ratio: 26.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Tallahassee, FL is $55,931. The unemployment rate stands at 6.4%, with a labor force of 113,129 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.