Fort Walton Beach, FL
Discover how far your salary goes in Fort Walton Beach. Compare taxes, rent, and living costs.
20,922
None! ๐
$1,530
/month
+9%
above avg
How far would your salary go in Fort Walton Beach?
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Rent Prices in Fort Walton Beach
Studio
$1,224
/month
$14,688/year
1 Bedroom
$1,530
/month
$18,360/year
2 Bedroom
$2,065
/month
$24,780/year
3 Bedroom
$2,677
/month
$32,124/year
Taxes in Florida
State Income Tax
Florida
No State Income Tax!
Florida doesn't tax wagesโkeep more of every paycheck.
Federal Income Tax
Same nationwide
Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.
Learn how tax brackets workMore Affordable Alternatives
Cities with lower cost of living where your money goes further:
Frequently Asked Questions
What is the cost of living in Fort Walton Beach, FL?โผ
Fort Walton Beach has a cost of living index of 131, which is 31% above the national average. A 1-bedroom apartment costs around $1,530/month.
What is the state income tax in Florida?โผ
Florida has no state income tax! This can save you thousands of dollars per year compared to states with income tax.
How much is rent in Fort Walton Beach?โผ
The median rent for a 1-bedroom apartment in Fort Walton Beach is $1,530/month. For a 2-bedroom, expect to pay around $2,065/month. This is 9% above the national average.
Is Fort Walton Beach a good place to live?โผ
Fort Walton Beach is a town with a population of 20,922. The cost of living is above average, making it more expensive than average for the US. A major advantage is zero state income tax.
See the complete picture for Fort Walton Beach
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