Cost of Living in Baldwin, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

81.4

100 = national avg

-18.6 vs national average

Living Wage (1 Adult)

$35,800

per year

Living Wage (Family of 4)

$84,618

per year

Cost Index by Category

Housing
67.2
Food
92.7
Transportation
85.4
Healthcare
94.2
Utilities
89.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,382

per month

2 Bedroom

$1,658

per month

The overall cost of living index in Baldwin is 81.4, which is 18.6% below the national average. Housing costs are below the national average at an index of 67.2. A single adult needs to earn approximately $35,800 per year to cover basic expenses.