Punta Gorda, FL is a small city located in Southwest Florida. It is home to many local businesses such as Laishley Marine, Captain’s Marine, Tropical Boat Care, and Desoto Auto Mall. The cost of living in Punta Gorda is considerably cheaper than most other parts of the US. For example, the average rent for a two bedroom apartment in Punta Gorda is around $1,290 versus $1,430 in the US. Additionally, the Grocery Cost Index is 108 compared to 100 on average across the US. Therefore it can be seen that living in Punta Gorda would save money on housing and groceries when compared to other parts of America.
Punta Gorda has an unemployment rate of 5.0%. The US average is 6.0%.
Punta Gorda has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Punta Gorda
- The Sales Tax Rate for Punta Gorda is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Punta Gorda is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Punta Gorda
- The average income of a Punta Gorda resident is $39,997 a year. The US average is $28,555 a year.
- The Median household income of a Punta Gorda resident is $68,923 a year. The US average is $69,021 a year.