Cocoa Beach, FL Cost Of Living
Cost Of Living In Cocoa Beach, FL Summary
Cost of living in Cocoa Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cocoa Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cocoa Beach is 116, with 100 being the average.
The cost of living index in Cocoa Beach is 1.2x higher than the national average.
Cocoa Beach ranks as the #333 cheapest in Florida out of 459.
Cocoa Beach ranks as the #4,151 cheapest out of 6,489 in the US.
The median home value in Cocoa Beach is $462,007.
The median income in Cocoa Beach is $82,381.
Table Of Contents
Cocoa Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cocoa Beach, FL?
According to the most recent data on the cost of living, Cocoa Beach has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Florida, Cocoa Beach has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Cocoa Beach ranks as #333 most affordable out of the 459 places we measured in Florida. By definition, that implies Cocoa Beach ranks as the #126 most expensive place in the Sunshine State.
For more reading on life in Cocoa Beach, check out:
In Florida
In America
Cocoa Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Cocoa Beach. Here is how it fairs on each of the criteria:
The Services index in Cocoa Beach is 102.
The Groceries index in Cocoa Beach is 99.
The Health index in Cocoa Beach is 92.
The Housing index in Cocoa Beach is 166.
The Transportation index in Cocoa Beach is 96.
The Utilities index in Cocoa Beach is 92.
| Living Expense | Cocoa Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 116 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 166 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 92 | 95 | 100 | |
Cocoa Beach, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Cocoa Beach is $462,007.
The Median Rent in Cocoa Beach is $1,555.
The Median Income in Cocoa Beach is $82,381.
The Home Value To Income in Cocoa Beach is 5.6x.
The Rent To Monthly Income in Cocoa Beach is 0.23x.
| Statistic | Cocoa Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $462,007 | $377,066 | $303,400 |
| Median Rent | $1,555 | $1,564 | $1,348 |
| Median Income | $82,381 | $71,711 | $78,538 |
| Home Value To Income | 5.6x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Cocoa Beach, FL Costs By Category
Detailed Cocoa Beach Services Costs Vs. Florida
| Item | Cocoa Beach | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Cocoa Beach Groceries Costs Vs. Florida
| Item | Cocoa Beach | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Cocoa Beach Health Costs Vs. Florida
| Item | Cocoa Beach | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Cocoa Beach Transportation Costs Vs. Florida
| Item | Cocoa Beach | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Cocoa Beach Utilities Costs Vs. Florida
| Item | Cocoa Beach | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Cocoa Beach SnackAbility
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Cost Of Living In Cities Around Cocoa Beach
The cost of living varies in the cities and towns around Cocoa Beach. Here's a quick look at the cost of living in the most populous nearby places:
Melbourne, FL has a cost of living index of 102, 0.9x Cocoa Beach.
Titusville, FL has a cost of living index of 98, 0.8x Cocoa Beach.
Merritt Island, FL has a cost of living index of 114, 1.0x Cocoa Beach.
| City | Population | Cost Of Living | Vs. Cocoa Beach |
|---|---|---|---|
| Melbourne, FL | 85,718 | 102 | 0.9x |
| Titusville, FL | 49,004 | 98 | 0.8x |
| Merritt Island, FL | 34,718 | 114 | 1.0x |
| Rockledge, FL | 28,279 | 108 | 0.9x |
| West Melbourne, FL | 27,643 | 110 | 0.9x |
| Port St. John, FL | 24,617 | 99 | 0.9x |
| Cocoa, FL | 19,330 | 91 | 0.8x |
| Viera West, FL | 17,169 | 129 | 1.1x |
| Viera East, FL | 13,082 | 114 | 1.0x |
| Satellite Beach, FL | 11,250 | 118 | 1.0x |
