The Cost of Living in Pace, FL: Is It Affordable?

If you’re thinking about moving to Pace, FL, you’re probably wondering: Is it affordable? The good news is that Pace offers a low cost of living, affordable home prices, and a high quality of life compared to many other parts of Florida.

Whether you’re a first-time homebuyer, relocating for work, or looking for a quiet place to settle down, Pace is a great option. Let’s break down Pace FL home prices, everyday expenses, and how the cost of living compares to other Florida cities.

How Affordable is Living in Pace, FL?

Overall, the cost of living in Pace, FL is lower than the national average and significantly more affordable than larger Florida cities like Tampa, Orlando, and Miami.

Here’s a quick snapshot of what you can expect:

🏡 Housing Costs: Below the national average
🛒 Groceries: Slightly below the national average
🚗 Transportation: Lower than in major metro areas
⚡ Utilities: Affordable, but can be higher in summer months
💰 Property Taxes: Lower than many Florida cities

Now, let’s dive deeper into the numbers!

Pace, FL Home Prices & Housing Costs

🏠 Median Home Price: $350K (varies by neighborhood)
🏡 New Construction: Starts around $300K
📉 Market Trend: Home values are rising, but still affordable compared to surrounding areas

Pace offers a mix of affordable single-family homes, luxury properties, and new construction communities. Whether you want a quiet neighborhood or a home with land, there’s something for every budget.

💡 Compared to Pensacola (just 20 minutes away), Pace offers larger lots, newer homes, and lower property taxes—which makes it a great value for homebuyers.

Everyday Living Expenses in Pace, FL

How much does it cost to live day-to-day in Pace? Here’s a breakdown of key expenses:

🛒 Grocery Costs

The cost of groceries in Pace is slightly below the national average. Expect to pay:
✔ Milk: $3.50/gallon
✔ Bread: $2.50/loaf
✔ Eggs: $3.00/dozen
✔ Chicken: $4.00/lb

For groceries, locals shop at Publix, Walmart, and ALDI for the best prices.

⛽ Transportation Costs

Gas prices in Pace are below the national average, and with less traffic than bigger Florida cities, you’ll save on fuel costs.

🚗 Gas Price: Around $3.25/gallon
🚗 Average Commute Time: 25 minutes (to Pensacola or Navarre)

Pace is a car-dependent area, so most residents rely on personal vehicles rather than public transportation.

⚡ Utilities & Energy Costs

Utility bills can fluctuate based on the season, with summer months being the most expensive due to air conditioning.

✔ Electricity Bill (Average): $150–$250/month
✔ Water Bill: $50–$100/month
✔ Internet & Cable: $60–$120/month

💡 Energy-saving tip: Many newer homes in Pace are built with energy-efficient appliances and insulation, which helps keep utility costs lower.

How Does Pace, FL Compare to Other Florida Cities?

Compared to larger metro areas, Pace offers a lower cost of living, bigger homes, and a quieter lifestyle.

Is Pace, FL a Good Place to Live?

✅ Affordable Home Prices – Compared to surrounding areas, homes in Pace, FL are more budget-friendly.
✅ Lower Property Taxes – Santa Rosa County has some of the lowest property taxes in Florida.
✅ Great Schools & Safe Neighborhoods – A huge draw for families moving to Pace.
✅ Close to Pensacola & Navarre Beach – You get the small-town feel with quick access to the coast.

Pace offers the perfect balance of affordability, quality of life, and access to everything you need.

Thinking About Moving to Pace, FL?

If you’re considering moving to Pace, FL, I’d love to help you find the perfect home within your budget. Whether you’re looking for a new construction home, a home with land, or a family-friendly neighborhood, I can help you navigate the local market.

📩 Contact me today to start your home search in Pace, FL!