Florida · 2026 Federal Benchmarks

Cost of Living in Wildwood, FL

The median household in Wildwood, FL earns $76,552 a year ($6,379/month) according to U.S. Census Bureau ACS data. Benchmark 2-bedroom rent is $1,328/month under HUD Fair Market Rents, requiring an annual income of at least $53,120 under the federal 30% housing rule, with overall consumer prices sitting 14.6% below the national baseline.

Key Economic Benchmarks

Median Household Income

$76,552$6,379 per month · U.S. Census Bureau ACS 5-Year
2-Bedroom Rent$1,328HUD FY2026 Fair Market Rent
Price Parity (RPP)85.4-14.6% vs national baseline
Electricity Rate15.1¢per kWh · EIA Residential FL
Census Population17,608Official resident count

Fair market rent & 30% rule in Wildwood, FL

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,328Monthly market rent
Share of gross income20.8%Recommended max: 30%
Annual income needed$53,120To meet the 30% standard
Max affordable rent$1,914At 30% of $76,552
0%30% (Affordability standard)100%
Compare against:

2026 HUD Fair Market Rent Schedule: Wildwood, FL

Official FY2026 HUD Fair Market Rents for Wildwood-The Villages, FL MSA. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.

HUD FY2026 Fair Market Rent Schedule for Wildwood, FL
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$1,076$12,912$43,04016.9%
1-Bedroom Apartment$1,139$13,668$45,56017.9%
2-Bedroom ApartmentBenchmark$1,328$15,936$53,12020.8%
3-Bedroom Home$1,655$19,860$66,20025.9%
4-Bedroom Home$1,937$23,244$77,48030.4%

See dedicated rental breakdown for Wildwood, FL →

50/30/20 Living Budget in Wildwood, FL

Based on the local median household income of $76,552/year ($6,379/month), here is how a balanced budget allocates expenses:

Needs (50%)$3,190/moRent ($1,328 2-BR), utilities (~$136/mo), groceries, transit
Wants (30%)$1,914/moDiscretionary spending: dining, leisure, recreation at 85.4 RPP price level
Savings & Debt (20%)$1,276/moEmergency fund, 401(k), IRA retirement, student loan and debt reduction

Take-Home Pay & Tax Explorer in Florida

Explore net income after federal income tax, FICA, and Florida state income tax based on the local median baseline.

$76,552
$30,000$155,000
Filing status:
Gross salary breakdown$76,552
Net 82%
Fed 10%
FICA 8%
Annual take-home$62,684After all taxes
Monthly deposit$5,224Estimated per month
Biweekly paycheck$2,411Every 2 weeks (26/yr)
Effective tax rate18.1%Total tax burden
Federal income tax$8,011 / yr
Florida state income taxNo state wage tax$0
FICA (Social Security & Medicare)$5,856 / yr

Compare earnings and living costs across Florida with official federal datasets:

Frequently Asked Questions About Living in Wildwood, FL

What is the median household income in Wildwood, FL?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Wildwood, FL is $76,552 per year (approximately $6,379 per month).

What is the average rent in Wildwood, FL?

According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Wildwood, FL are $1,076 for a studio, $1,139 for 1 bedroom, $1,328 for 2 bedrooms, $1,655 for 3 bedrooms, and $1,937 for 4 bedrooms.

How does the cost of living in Wildwood, FL compare to the national average?

Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Wildwood, FL is 85.4 (14.6% lower than the U.S. national baseline of 100.0).

How much do you need to earn to comfortably afford rent in Wildwood, FL?

Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,328/month) in Wildwood, FL requires a minimum gross household income of $53,120 per year ($4,427 per month).

What is a balanced 50/30/20 monthly budget in Wildwood, FL?

For a typical household earning the median income of $76,552/year ($6,379/month) in Wildwood, FL, a balanced 50/30/20 budget allocates $3,190/month to essential needs (rent, utilities, groceries), $1,914/month to discretionary spending, and $1,276/month to savings and debt repayment.

What are typical electricity and utility costs in Wildwood, FL?

Residential electricity rates in Florida average 15.1¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $136 per month.