Vero Beach South, FL Cost Of Living
Cost Of Living In Vero Beach South, FL Summary
Cost of living in Vero Beach South 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 Vero Beach South 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 Vero Beach South is 101, with 100 being the average.
The cost of living index in Vero Beach South is 1.0x higher than the national average.
Vero Beach South ranks as the #157 cheapest in Florida out of 459.
Vero Beach South ranks as the #2,735 cheapest out of 6,489 in the US.
The median home value in Vero Beach South is $342,840.
The median income in Vero Beach South is $71,675.
Table Of Contents
Vero Beach South's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Vero Beach South, FL?
According to the most recent data on the cost of living, Vero Beach South has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Florida, Vero Beach South has a cost of living index that's 1.0x higher than Florida's index of 97.
The standard of living in Vero Beach South ranks as #157 most affordable out of the 459 places we measured in Florida. By definition, that implies Vero Beach South ranks as the #302 most expensive place in the Sunshine State.
For more reading on life in Vero Beach South, check out:
In Florida
In America
Vero Beach South Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Vero Beach South. Here is how it fairs on each of the criteria:
The Services index in Vero Beach South is 94.
The Groceries index in Vero Beach South is 98.
The Health index in Vero Beach South is 96.
The Housing index in Vero Beach South is 116.
The Transportation index in Vero Beach South is 99.
The Utilities index in Vero Beach South is 109.
| Living Expense | Vero Beach South | Florida | National Average | |
|---|---|---|---|---|
| Overall | 101 | 97 | 100 | |
| Services | 94 | 96 | 100 | |
| Groceries | 98 | 99 | 100 | |
| Health | 96 | 98 | 100 | |
| Housing | 116 | 96 | 100 | |
| Transportation | 99 | 97 | 100 | |
| Utilities | 109 | 95 | 100 | |
Vero Beach South, 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 Vero Beach South is $342,840.
The Median Rent in Vero Beach South is $1,201.
The Median Income in Vero Beach South is $71,675.
The Home Value To Income in Vero Beach South is 4.8x.
The Rent To Monthly Income in Vero Beach South is 0.2x.
| Statistic | Vero Beach South | Florida | United States |
|---|---|---|---|
| Median Home Value | $342,840 | $377,066 | $303,400 |
| Median Rent | $1,201 | $1,564 | $1,348 |
| Median Income | $71,675 | $71,711 | $78,538 |
| Home Value To Income | 4.8x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Vero Beach South, FL Costs By Category
Detailed Vero Beach South Services Costs Vs. Florida
| Item | Vero Beach South | 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 |
Detailed Vero Beach South Groceries Costs Vs. Florida
| Item | Vero Beach South | 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 |
Detailed Vero Beach South Health Costs Vs. Florida
| Item | Vero Beach South | Florida |
|---|---|---|
| Optometrist | $78.2 | $125.68 |
| Doctor | $139.8 | $135.78 |
| Dentist | $132.83 | $113.29 |
Detailed Vero Beach South Transportation Costs Vs. Florida
| Item | Vero Beach South | Florida |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $54.85 | $59.92 |
Detailed Vero Beach South Utilities Costs Vs. Florida
| Item | Vero Beach South | Florida |
|---|---|---|
| All Electricity | $144.67 | $193.99 |
| Phone | $196.14 | $192.25 |
Vero Beach South SnackAbility
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Cost Of Living In Cities Around Vero Beach South
The cost of living varies in the cities and towns around Vero Beach South. Here's a quick look at the cost of living in the most populous nearby places:
Fort Pierce, FL has a cost of living index of 91, 0.9x Vero Beach South.
Sebastian, FL has a cost of living index of 102, 1.0x Vero Beach South.
Florida Ridge, FL has a cost of living index of 97, 1.0x Vero Beach South.
| City | Population | Cost Of Living | Vs. Vero Beach South |
|---|---|---|---|
| Fort Pierce, FL | 48,094 | 91 | 0.9x |
| Sebastian, FL | 25,759 | 102 | 1.0x |
| Florida Ridge, FL | 21,517 | 97 | 1.0x |
| Vero Beach, FL | 16,785 | 110 | 1.1x |
| Lakewood Park, FL | 14,077 | 97 | 1.0x |
| West Vero Corridor, FL | 10,802 | 90 | 0.9x |
