Fort Worth vs Tallahassee: Cost of Living Comparison

How does the cost of living in Fort Worth, Texas compare to Tallahassee, Florida? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.

Summary: Fort Worth is the more affordable city overall. Housing costs are 2% lower in Fort Worth compared to Tallahassee, while rent is 13% higher.

MetricFort Worth, TXTallahassee, FLDiff
Housing
Median Home Value$250,300$256,400-2.4%
Median Monthly Rent$1,313$1,165+12.7%
Income
Median Household Income$72,726$52,899+37.5%
Per Capita Income$35,428$33,803+4.8%
Taxes
State Income Tax RateNoneNonesame
Combined Sales Tax8.2%7.0%+17.0%
Demographics
Population924,663198,259+366.4%

Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).

Rent vs. Buy Calculator — Fort Worth

Monthly Mortgage (P&I)
$1,250
Property Tax
$229/mo
Insurance
$73/mo
Total Monthly Cost to Own
$1,552
Renting saves $239/mo
Based on $1,313/mo rent vs $1,552/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Rent vs. Buy Calculator — Tallahassee

Monthly Mortgage (P&I)
$1,280
Property Tax
$235/mo
Insurance
$75/mo
Total Monthly Cost to Own
$1,590
Renting saves $425/mo
Based on $1,165/mo rent vs $1,590/mo ownership cost. Does not include equity buildup, maintenance, or tax deductions.

Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.

Key Takeaways

Methodology

This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).

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