Why is Pensacola so cheap?
Why is Pensacola so cheap? Overall, we're 13% more affordable than other cities. Truth be told, though, the significant reason for Pensacola's affordability is its surprisingly low housing costs. (More on those in just a moment.) If you look at miscellaneous and utility expenses, they're higher than the national average.
Is Pensacola a party town?
Whether you're looking to explore Pensacola nightlife or an evening of family fun, there is a prodigious selection of fun spots and events on the calendar. Take your pick from dive bars, late-night Irish pubs, dueling pianos, nightclubs, live music, cabarets, and more!
Is Pensacola a good place to buy a home?
The median home value in Pensacola was only a mere $235,000 in 2022 compared to around $400,000 in the rest of the state. For that reason, Pensacola is consistently placed in the top 10 most affordable beach towns in Florida.
Is Pensacola a wealthy city?
The per capita income in Pensacola in 2018 was $38,656, which is upper middle income relative to Florida and the nation. This equates to an annual income of $154,624 for a family of four. However, Pensacola contains both very wealthy and poor people as well. Pensacola is an extremely ethnically-diverse city.
Is Pensacola FL a safe place to retire?
Pensacola was No. 44 on the Best Place to Live list, No. 6 on Best Places to Live in Florida and No. 17 on Safest Places to Live.