St. Augustine, FL

Above Avg · 115

Florida · Population 14,979 · Updated March 2026

$1,560
Median Rent / Month
$80,473
Median Income
$409,200
Median Home Value
$1,439
Owner Costs / Month

Affordability

How far your income goes in St. Augustine

23.3%
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

$18,720
Annual Rent
$0
State Income Tax
$3,519
Property Tax (est.)

Cost of Living Overview

St. Augustine is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), St. Augustine residents can expect to pay median rent of $1,560/month while earning a median household income of $80,473/year.

The median home value in St. Augustine, FL is $409,200, with typical monthly owner costs around $1,439 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.3% 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 St. Augustine.

Frequently Asked Questions

Common questions about living costs in St. Augustine

What is the cost of living in St. Augustine, FL?
The cost of living index in St. Augustine, FL is 115 (US average = 100). Median monthly rent is $1,560, median household income is $80,473/year, and the median home value is $409,200.
Is St. Augustine, FL affordable?
No, St. Augustine is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 23.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in St. Augustine, FL?
The median gross rent in St. Augustine, FL is $1,560 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,720.
What is the median household income in St. Augustine?
The median household income in St. Augustine, FL is $80,473 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.