Indian River Estates, FL Cost Of Living
Cost Of Living In Indian River Estates, FL Summary
Cost of living in Indian River Estates 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 River Estates 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 River Estates is 92, with 100 being the average.
The cost of living index in Indian River Estates is 0.9x lower than the national average.
Indian River Estates ranks as the #116 cheapest in Florida out of 459.
Indian River Estates ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Indian River Estates is $177,700.
The median income in Indian River Estates is $45,417.
Table Of Contents
Indian River Estates's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Indian River Estates, FL?
According to the most recent data on the cost of living, Indian River Estates has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Florida, Indian River Estates has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Indian River Estates ranks as #116 most affordable out of the 459 places we measured in Florida. By definition, that implies Indian River Estates ranks as the #343 most expensive place in the Sunshine State.
For more reading on life in Indian River Estates, check out:
- Living In Indian River Estates
- Search Homes For Sale In Indian River Estates, FL
In Florida
In America
Indian River Estates Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Indian River Estates. Here is how it fairs on each of the criteria:
The Services index in Indian River Estates is 101.
The Groceries index in Indian River Estates is 103.
The Health index in Indian River Estates is 111.
The Housing index in Indian River Estates is 74.
The Transportation index in Indian River Estates is 102.
The Utilities index in Indian River Estates is 113.
| Living Expense | Indian River Estates | Florida | National Average | |
|---|---|---|---|---|
| Overall | 92 | 101 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 111 | 96 | 100 | |
| Housing | 74 | 108 | 100 | |
| Transportation | 102 | 98 | 100 | |
| Utilities | 113 | 100 | 100 | |
Indian River Estates, 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 2017-2021. The key points are:
The Median Home Value in Indian River Estates is $177,700.
The Median Rent in Indian River Estates is $1,675.
The Median Income in Indian River Estates is $45,417.
The Home Value To Income in Indian River Estates is 3.9x.
The Rent To Monthly Income in Indian River Estates is 0.44x.
| Statistic | Indian River Estates | Florida | United States |
|---|---|---|---|
| Median Home Value | $177,700 | $248,700 | $244,900 |
| Median Rent | $1,675 | $1,301 | $1,163 |
| Median Income | $45,417 | $61,777 | $69,021 |
| Home Value To Income | 3.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.44x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Indian River Estates, FL Costs By Category
Detailed Indian River Estates Services Costs Vs. Florida
| Item | Indian River Estates | Florida |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $6.43 | $10.68 |
| Bowling | $17.55 | $14.67 |
| Haircut | $15.28 | $18.62 |
| Beauty Salon | $45.42 | $39.05 |
Detailed Indian River Estates Groceries Costs Vs. Florida
| Item | Indian River Estates | Florida |
|---|---|---|
| Ground Beef | $4.79 | $4.22 |
| Fried Chicken | $1.63 | $1.39 |
| Milk | $2.71 | $2.05 |
| Potatoes | $3.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $10.23 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Indian River Estates Health Costs Vs. Florida
| Item | Indian River Estates | Florida |
|---|---|---|
| Optometrist | $157.83 | $108.57 |
| Doctor | $126.5 | $116.17 |
| Dentist | $108.78 | $99.13 |
Detailed Indian River Estates Transportation Costs Vs. Florida
| Item | Indian River Estates | Florida |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $51.86 | $50.07 |
Detailed Indian River Estates Utilities Costs Vs. Florida
| Item | Indian River Estates | Florida |
|---|---|---|
| All Electricity | $208.89 | $167.67 |
| Phone | $188.17 | $175.64 |
Indian River Estates SnackAbility
/10
Cost Of Living In Cities Around Indian River Estates
The cost of living varies in the cities and towns around Indian River Estates. Here's a quick look at the cost of living in the most populous nearby places:
Port St. Lucie, FL has a cost of living index of 101, 1.1x Indian River Estates.
Fort Pierce, FL has a cost of living index of 90, 1.0x Indian River Estates.
Vero Beach South, FL has a cost of living index of 95, 1.0x Indian River Estates.
| City | Population | Cost Of Living | Vs. Indian River Estates |
|---|---|---|---|
| Port St. Lucie, FL | 202,177 | 101 | 1.1x |
| Fort Pierce, FL | 46,409 | 90 | 1.0x |
| Vero Beach South, FL | 29,506 | 95 | 1.0x |
| Florida Ridge, FL | 22,151 | 93 | 1.0x |
| Stuart, FL | 17,269 | 93 | 1.0x |
| Lakewood Park, FL | 13,600 | 89 | 1.0x |
| Jensen Beach, FL | 13,108 | 103 | 1.1x |
| Fort Pierce North, FL | 7,027 | 89 | 1.0x |
| River Park, FL | 6,281 | 91 | 1.0x |
