Cost of Living in Milton, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
118.3
100 = national avg
+18.3 vs national average
Living Wage (1 Adult)
$52,067
per year
Living Wage (Family of 4)
$123,067
per year
Cost Index by Category
Housing136.2
Food105.5
Transportation111.1
Healthcare104.4
Utilities110.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,257
per month
2 Bedroom
$1,471
per month
The overall cost of living index in Milton is 118.3, which is 18.3% above the national average. Housing costs are above the national average at an index of 136.2. A single adult needs to earn approximately $52,067 per year to cover basic expenses.