Keystone, FL

Very High · 171

Florida · Population 26,723 · Updated March 2026

$2,227
Median Rent / Month
$155,365
Median Income
$604,800
Median Home Value
$2,321
Owner Costs / Month

Affordability

How far your income goes in Keystone

17.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$26,724
Annual Rent
$0
State Income Tax
$5,201
Property Tax (est.)

Cost of Living Overview

Keystone has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 171 (where 100 equals the national median), Keystone residents can expect to pay median rent of $2,227/month while earning a median household income of $155,365/year.

The median home value in Keystone, FL is $604,800, with typical monthly owner costs around $2,321 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Keystone.

Frequently Asked Questions

Common questions about living costs in Keystone

What is the cost of living in Keystone, FL?
The cost of living index in Keystone, FL is 171 (US average = 100). Median monthly rent is $2,227, median household income is $155,365/year, and the median home value is $604,800.
Is Keystone, FL affordable?
No, Keystone is more expensive than the national average with a cost index of 171. The rent-to-income ratio is 17.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Keystone, FL?
The median gross rent in Keystone, FL is $2,227 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,724.
What is the median household income in Keystone?
The median household income in Keystone, FL is $155,365 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.