Total monthly cost of ownership
Cost to Own a Home in Bristol, Florida
A $125,000 home here costs
$1,172per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $50,000 a year.
A standard mortgage calculator would have told you $681. The real number is $491 higher every month, 72% more than the payment most buyers budget for.
Compare Liberty County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Bristol from a five-year rolling sample, and with about 1,249 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Liberty County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Bristol against Liberty County and Florida
| Measure | Bristol | Liberty County |
|---|---|---|
| Median home value | $124,500 | $117,600 |
| Median property tax | $930 | $1,031 |
| Effective tax rate | 0.747% | 0.877% |
| Median gross rent | $944 | $968 |
| Population | 1,249 | 7,650 |
The weather behind that power bill
Bristol sits in Liberty County, which averages a high of 92.1°F in its hottest month and a low of 40.5°F in its coldest, with 58.81" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,758 cooling and 1,473 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Liberty County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Liberty County
No other places of this size are published in Liberty County.
Full Liberty County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Bristol averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Bristol every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Bristol I already own here and may sell
Common questions
How much does it cost to own a home in Bristol?
A $125,000 home in Bristol, Florida costs approximately $1,172 per month with 20% down at 7.24%. That is $681 principal and interest, $78 property tax, $76 homeowners insurance, $233 utilities and $104 set aside for maintenance.
What is the property tax rate in Bristol?
Bristol has an effective property tax rate of 0.747%, based on a median home value of $124,500 and median real estate taxes of $930. That is lower than the Liberty County average of 0.877%.
What is the average home price in Bristol?
The median owner-occupied home value in Bristol, Florida is $124,500, against $117,600 across Liberty County.
Is it cheaper to rent or buy in Bristol?
Median gross rent in Bristol is $944 a month, against $1,172 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Bristol?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Bristol, Florida at today's rate takes a household income of roughly $50,000 a year. That covers the full $1,172 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Bristol, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.