According to the most recent data on the cost of living, Melbourne has an overall cost of living index of 96 which is 1.0x lower than the national index of 100.
Compared to only Florida, Melbourne has a cost of living index that's 1.0x lower than Florida's index of 99.
The standard of living in Melbourne ranks as #2652 most affordable out of the 6522 places we measured in Florida. By definition, that implies Melbourne ranks as the #3754 most expensive place in the Sunshine State.
|Living Expense||Melbourne||Florida||National Average|
Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
|City||Population||Cost Of Living||Vs. Melbourne||Palm Bay, FL||110,271||95||1.0x||Merritt Island, FL||36,797||97||1.0x||Rockledge, FL||26,906||93||1.0x||West Melbourne, FL||21,471||104||1.1x||Cocoa, FL||18,053||83||0.9x||Cocoa Beach, FL||11,539||107||1.1x||Viera East, FL||11,183||100||1.0x||Satellite Beach, FL||10,721||112||1.2x||Indian Harbour Beach, FL||8,401||110||1.1x||South Patrick Shores, FL||6,802||113||1.2x|