Depends on where you'll be working and what kind of commute you're willing to accept. P'cola's a geographical oddity - takes 45 minutes to get between any two points. The only expressway of any kind is I-110, which runs between I-10 and downtown. Anywhere else, you're on surface roads with lots of stoplights.
So, if you're working at mainside (NASP proper), living around UWF will mean a fairly long commute in stop-and-go each day. On the other hand, living outside the back gate and toward Perdido will get you close to base but a long way from anything else (shoppng, bars, restaurants, etc).