Build your monthly budget for Jacksonville. The calculator is pre-filled with realistic local expenses, including $1,300 average rent, so you can see your savings rate against the 50/30/20 rule.
Last updated: May 2026 · Data: MIT Living Wage Calculator, C2ER, U.S. Census, BLS, IRS, state and city sources
Jacksonville has a cost-of-living index of 95 (US average = 100). Housing is usually the largest line item, with average 1-bedroom rent near $1,300/month. The estimates below are pre-filled in the calculator and scaled to local costs.
| Expense Category | Typical Jacksonville Amount |
|---|---|
| Housing (1-bedroom rent) | $1,300/month |
| Food (single person) | $400/month |
| Transportation | $500/month |
| Utilities & Internet | $160/month |
| Healthcare & Insurance | $320/month |
| Personal & Entertainment | $200/month |
| Recommended Savings | 15%+ of gross income |
| Emergency Fund Target | 3 to 6 months of expenses |
Jacksonville is the most populous city in Florida and the largest by land area in the contiguous United States, anchored by a major logistics and port economy (JAXPORT), a large naval presence at NAS Jacksonville and Naval Station Mayport, and a growing banking, insurance, and healthcare sector.
| Local Metric | Jacksonville (2026 estimate) |
|---|---|
| Metro population | 985,000 |
| County / jurisdiction | Duval County |
| Cost of living index (US avg = 100) | 95 |
| MIT living wage, single adult | $20.50/hour |
| MIT living wage, one earner supporting a family of four | $40.00/hour |
| Applicable minimum wage | $14.00/hour |
| Average rent, 1-bedroom | $1,300/month |
| Average rent, 2-bedroom | $1,550/month |
| Median home price | $310,000 |
| Median household income | $64,000/year |
| Combined sales tax rate | 7.5% |
| Effective property tax rate | 0.94% of value/year |
Local figures are 2026 estimates compiled from the MIT Living Wage Calculator, the C2ER Cost of Living Index, U.S. Census and Zillow housing data, and city and county sources. Verify current figures before relying on them.
With a cost-of-living index of 95 (US average = 100) and average 1-bedroom rent near $1,300/month, a single adult in Jacksonville typically needs take-home pay of at least $4,150/month to cover needs and save. The MIT living wage for a single adult is about $20.50/hour.
Split after-tax income into 50% needs (housing, food, utilities, transport, minimum debt), 30% wants, and 20% savings and extra debt payoff. In a higher-cost city like Jacksonville, the needs share often runs above 50%, so protect the 20% savings target.
Average rent in Jacksonville is about $1,300 for a 1-bedroom and $1,550 for a 2-bedroom. A common guideline keeps rent under 30% of gross income, though that is difficult in higher-cost metros.
Based on the local cost-of-living index, typical monthly expenses in Jacksonville run around $1,300 housing, $400 food, $500 transportation, and $160 utilities for a single person. The calculator is pre-filled with these estimates.
Aim for three to six months of essential expenses. In Jacksonville, with monthly needs around $2,680, that is roughly $8,040 to $16,080.