Cost of Living in Fort Walton Beach, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.8
100 = national avg
+14.8 vs national average
Living Wage (1 Adult)
$50,530
per year
Living Wage (Family of 4)
$119,435
per year
Cost Index by Category
Housing138.0
Food100.9
Transportation101.7
Healthcare100.7
Utilities108.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,785
per month
The overall cost of living index in Fort Walton Beach is 114.8, which is 14.8% above the national average. Housing costs are above the national average at an index of 138.0. A single adult needs to earn approximately $50,530 per year to cover basic expenses.