Cost of living in Indian Harbour 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 Indian Harbour 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 Indian Harbour Beach is 115, with 100 being the average.
The cost of living index in Indian Harbour Beach is 1.1x higher than the national average.
Indian Harbour Beach ranks as the #325 cheapest in Florida out of 459.
Indian Harbour Beach ranks as the #4,090 cheapest out of 6,489 in the US.
The median home value in Indian Harbour Beach is $455,921.
The median income in Indian Harbour Beach is $98,046.
According to the most recent data on the cost of living, Indian Harbour Beach has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Florida, Indian Harbour Beach has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Indian Harbour Beach ranks as #325 most affordable out of the 459 places we measured in Florida. By definition, that implies Indian Harbour Beach ranks as the #134 most expensive place in the Sunshine State.
For more reading on life in Indian Harbour Beach, check out:
Six factors go into calculating the cost of living index in Indian Harbour Beach. Here is how it fairs on each of the criteria:
The Services index in Indian Harbour Beach is 95.
The Groceries index in Indian Harbour Beach is 101.
The Health index in Indian Harbour Beach is 96.
The Housing index in Indian Harbour Beach is 153.
The Transportation index in Indian Harbour Beach is 100.
The Utilities index in Indian Harbour Beach is 108.
| Living Expense | Indian Harbour Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 115 | 97 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 153 | 96 | 100 | |
| Transportation | 100 | 97 | 100 | |
| Utilities | 108 | 95 | 100 | |
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 Indian Harbour Beach is $455,921.
The Median Rent in Indian Harbour Beach is $1,674.
The Median Income in Indian Harbour Beach is $98,046.
The Home Value To Income in Indian Harbour Beach is 4.7x.
The Rent To Monthly Income in Indian Harbour Beach is 0.2x.
| Statistic | Indian Harbour Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $455,921 | $377,066 | $303,400 |
| Median Rent | $1,674 | $1,564 | $1,348 |
| Median Income | $98,046 | $71,711 | $78,538 |
| Home Value To Income | 4.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.26x | 0.21x |
| Item | Indian Harbour Beach | Florida |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $13.1 | $12.13 |
| Bowling | $14.75 | $18 |
| Haircut | $21.0 | $24.26 |
| Beauty Salon | $56.83 | $45.56 |
| Item | Indian Harbour Beach | Florida |
|---|---|---|
| Ground Beef | $5.85 | $5.84 |
| Fried Chicken | $1.45 | $1.57 |
| Milk | $4.52 | $4.67 |
| Potatoes | $5.38 | $4.93 |
| Pizza | $12.62 | $12.09 |
| Beer | $10.69 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
| Item | Indian Harbour Beach | Florida |
|---|---|---|
| Optometrist | $78.2 | $125.68 |
| Doctor | $139.8 | $135.78 |
| Dentist | $132.83 | $113.29 |
| Item | Indian Harbour Beach | Florida |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $54.85 | $59.92 |
| Item | Indian Harbour Beach | Florida |
|---|---|---|
| All Electricity | $144.67 | $193.99 |
| Phone | $196.14 | $192.25 |
The cost of living varies in the cities and towns around Indian Harbour Beach. Here's a quick look at the cost of living in the most populous nearby places:
Palm Bay, FL has a cost of living index of 98, 0.9x Indian Harbour Beach.
Melbourne, FL has a cost of living index of 102, 0.9x Indian Harbour Beach.
Merritt Island, FL has a cost of living index of 114, 1.0x Indian Harbour Beach.
| City | Population | Cost Of Living | Vs. Indian Harbour Beach |
|---|---|---|---|
| Palm Bay, FL | 125,273 | 98 | 0.9x |
| Melbourne, FL | 85,718 | 102 | 0.9x |
| Merritt Island, FL | 34,718 | 114 | 1.0x |
| Rockledge, FL | 28,279 | 108 | 0.9x |
| West Melbourne, FL | 27,643 | 110 | 1.0x |
| Cocoa, FL | 19,330 | 91 | 0.8x |
| Viera East, FL | 13,082 | 114 | 1.0x |
| Cocoa Beach, FL | 11,341 | 116 | 1.0x |
| Satellite Beach, FL | 11,250 | 118 | 1.0x |
| South Patrick Shores, FL | 6,726 | 115 | 1.0x |