Florida · Population 118,814 · Updated March 2026
How far your income goes in Spring Hill
State-level tax rates that affect your costs
Spring Hill offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Spring Hill residents can expect to pay median rent of $1,301/month while earning a median household income of $66,557/year.
The median home value in Spring Hill, FL is $248,400, with typical monthly owner costs around $1,153 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.5% 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 Spring Hill.
Common questions about living costs in Spring Hill
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