Cost of Living in Pensacola, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.3
100 = national avg
+16.3 vs national average
Living Wage (1 Adult)
$51,174
per year
Living Wage (Family of 4)
$120,956
per year
Cost Index by Category
Housing130.7
Food105.6
Transportation111.1
Healthcare104.5
Utilities109.5
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 Pensacola is 116.3, which is 16.3% above the national average. Housing costs are above the national average at an index of 130.7. A single adult needs to earn approximately $51,174 per year to cover basic expenses.