Cost of Living in Carrabelle, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.7
100 = national avg
-2.3 vs national average
Living Wage (1 Adult)
$42,988
per year
Living Wage (Family of 4)
$101,607
per year
Cost Index by Category
Housing109.0
Food93.7
Transportation87.4
Healthcare94.9
Utilities98.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,058
per month
2 Bedroom
$1,186
per month
The overall cost of living index in Carrabelle is 97.7, which is 2.3% below the national average. Housing costs are above the national average at an index of 109.0. A single adult needs to earn approximately $42,988 per year to cover basic expenses.