States › Florida › Destin

Is Destin, FL expensive to live in?

ExpensiveRent takes 34 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,68553% higher than U.S. average
💵 Families earn per year (2026)$95,998about $8,000/month · 10% higher than U.S. average
🔑 House price$490,30047% higher than U.S. average

Rent is higher than in 89% of U.S. cities. A typical house costs about 5.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $107,400 a year. That is $52 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 426 of 479 cities from cheapest to most expensive.

Destin
$2,685
$1,760
$1,497

How much do households earn in Destin?

Under $25k
7.5%
$25k–50k
19.0%
$50k–100k
35.5%
$100k–150k
16.9%
$150k+
18.1%

Share of households by yearly income. 35.0% of households earn $100,000 or more.

Rent by apartment size in Destin

SizeDestinU.S. average
1 bedroom$2,049$1,324
2 bedrooms$1,826$1,509
3 bedrooms$2,820$1,698
4 bedrooms$3,543$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Destin overall?

Everyday prices in the Crestview-Fort Walton Beach-Destin metro area are 3% below the U.S. average (index 97.0, U.S. = 100).

Housing
95
Goods (food, clothes…)
96
Utilities
89
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Destin

🏛️ Property tax$3,083a year · 0.63% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Destin

Commute to work26 minU.S.: 26.4 min
College degree46.2%U.S.: 35.7%
Own their home69.7%U.S.: 65.2%
Below poverty line7.4%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

What jobs pay in Destin

JobMedian payRent / pay
Pharmacist$136,07023.7%
Physician Assistant$130,73024.6%
Software Developer$130,64024.7%
Nurse Practitioner$124,68025.8%
Lawyer$106,88030.1%
Civil Engineer$101,82031.6%
Operations Manager$100,07032.2%
Computer Systems Analyst$98,41032.7%
Dental Hygienist$88,03036.6%
Registered Nurse$81,26039.7%
Accountant$79,51040.5%
Market Research Analyst$62,18051.8%
Elementary School Teacher$60,33053.4%
Police Officer$59,13054.5%
Licensed Practical Nurse$59,06054.6%
Electrician$57,20056.3%
Firefighter$56,62056.9%
Plumber$52,02061.9%
Carpenter$48,94065.8%
HVAC Technician$48,81066.0%
Truck Driver$47,94067.2%
Medical Assistant$39,58081.4%
Customer Service Representative$39,24082.1%
Warehouse Worker$37,88085.1%
Server (Waiter/Waitress)$37,37086.2%
Nursing Assistant$36,97087.2%
Restaurant Cook$36,60088.0%
Retail Salesperson$33,92095.0%
Cashier$31,000103.9%

Is it cheaper to rent or buy in Destin?

Renting is cheaper right now: about $717 a month less.

Renting
$2,685
Owning
$3,402

Owning assumes a typical $490,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,030 for the down payment.

Frequently asked questions

What is the average rent in Destin, FL?

Renting in Destin costs a median of about $2,685 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Destin?

To keep rent under 30% of income, you need about $107,400 a year, or $52 an hour at a full-time job.

Is Destin cheap or expensive?

Destin is rated Expensive: rent takes 33.6% of the typical household income of $95,998. It ranks 426th cheapest of 479 Florida cities we track.

How much are property taxes in Destin?

The median homeowner in Destin pays $3,083 a year in property taxes, about 0.63% of the median home value.

Is Destin more expensive than the national average?

Overall prices in the metro area are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Destin?

The median home value in Destin is $490,300, about 5.1 times the typical yearly household income.

14,077 people live in Destin. Numbers are typical (middle) values.