Cost of Living in Destin, FL

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

Cost of Living Overview

Overall Index

157.2

100 = national avg

+57.2 vs national average

Living Wage (1 Adult)

$69,160

per year

Living Wage (Family of 4)

$163,469

per year

Cost Index by Category

Housing
210.9
Food
118.1
Transportation
136.3
Healthcare
114.5
Utilities
133.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,581

per month

2 Bedroom

$1,785

per month

The overall cost of living index in Destin is 157.2, which is 57.2% above the national average. Housing costs are above the national average at an index of 210.9. A single adult needs to earn approximately $69,160 per year to cover basic expenses.