Cost of living in Rockledge 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 Rockledge 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 Rockledge is 108, with 100 being the average.
The cost of living index in Rockledge is 1.1x higher than the national average.
Rockledge ranks as the #239 cheapest in Florida out of 459.
Rockledge ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Rockledge is $393,614.
The median income in Rockledge is $83,009.
According to the most recent data on the cost of living, Rockledge has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Florida, Rockledge has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Rockledge ranks as #239 most affordable out of the 459 places we measured in Florida. By definition, that implies Rockledge ranks as the #220 most expensive place in the Sunshine State.
For more reading on life in Rockledge, check out:
Six factors go into calculating the cost of living index in Rockledge. Here is how it fairs on each of the criteria:
The Services index in Rockledge is 103.
The Groceries index in Rockledge is 99.
The Health index in Rockledge is 90.
The Housing index in Rockledge is 130.
The Transportation index in Rockledge is 96.
The Utilities index in Rockledge is 90.
| Living Expense | Rockledge | Florida | National Average | |
|---|---|---|---|---|
| Overall | 108 | 97 | 100 | |
| Services | 103 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 90 | 98 | 100 | |
| Housing | 130 | 96 | 100 | |
| Transportation | 96 | 97 | 100 | |
| Utilities | 90 | 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 Rockledge is $393,614.
The Median Rent in Rockledge is $1,706.
The Median Income in Rockledge is $83,009.
The Home Value To Income in Rockledge is 4.7x.
The Rent To Monthly Income in Rockledge is 0.25x.
The cost of living varies in the cities and towns around Rockledge. 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 Rockledge.
Titusville, FL has a cost of living index of 98, 0.9x Rockledge.
Merritt Island, FL has a cost of living index of 114, 1.1x Rockledge.
| City | Population | Cost Of Living | Vs. Rockledge |
|---|---|---|---|
| Melbourne, FL | 85,718 | 102 | 0.9x |
| Titusville, FL | 49,004 | 98 | 0.9x |
| Merritt Island, FL | 34,718 | 114 | 1.1x |
| West Melbourne, FL | 27,643 | 110 | 1.0x |
| Port St. John, FL | 24,617 | 99 | 0.9x |
| Cocoa, FL | 19,330 | 91 | 0.8x |
| Viera West, FL | 17,169 | 129 | 1.2x |
| Viera East, FL | 13,082 | 114 | 1.1x |
| Cocoa Beach, FL | 11,341 | 116 | 1.1x |
| Satellite Beach, FL | 11,250 | 118 | 1.1x |