Vero Beach, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Vero Beach, FL Summary

Cost of living in Vero 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 Vero 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 Vero Beach is 106, with 100 being the average.

  • The cost of living index in Vero Beach is 1.1x higher than the national average.

  • Vero Beach ranks as the #326 cheapest in Florida out of 459.

  • Vero Beach ranks as the #3,772 cheapest out of 6,412 in the US.

  • The median home value in Vero Beach is $287,500.

  • The median income in Vero Beach is $54,311.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
106
Vero Beach's Overall Cost Of Living
1.1x
Higher Than The National Average

What is the cost of living in Vero Beach, FL?

According to the most recent data on the cost of living, Vero Beach has an overall cost of living index of 106, which is 1.1x higher than the national index of 100.

Compared to Florida, Vero Beach has a cost of living index that's 1.0x higher than Florida's index of 101.

The standard of living in Vero Beach ranks as #326 most affordable out of the 459 places we measured in Florida. By definition, that implies Vero Beach ranks as the #133 most expensive place in the Sunshine State.

For more reading on life in Vero Beach, check out:

326 out of 459
In Florida
3,772 out of 6,412
In America

Vero Beach Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Vero Beach. Here is how it fairs on each of the criteria:

  • The Services index in Vero Beach is 99.

  • The Groceries index in Vero Beach is 104.

  • The Health index in Vero Beach is 109.

  • The Housing index in Vero Beach is 108.

  • The Transportation index in Vero Beach is 102.

  • The Utilities index in Vero Beach is 113.

Living Expense Vero Beach Florida National Average
Overall 106 101 100
Services 99 98 100
Groceries 104 101 100
Health 109 96 100
Housing 108 108 100
Transportation 102 98 100
Utilities 113 100 100
For more reading on cost of living around Florida, check out:
Vero Beach Cost of Living Vs. FL

Vero Beach, 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 Vero Beach is $287,500.

  • The Median Rent in Vero Beach is $993.

  • The Median Income in Vero Beach is $54,311.

  • The Home Value To Income in Vero Beach is 5.3x.

  • The Rent To Monthly Income in Vero Beach is 0.22x.

Statistic Vero Beach Florida United States
Median Home Value $287,500 $248,700 $244,900
Median Rent $993 $1,301 $1,163
Median Income $54,311 $61,777 $69,021
Home Value To Income 5.3x 4.0x 3.5x
Rent To Monthly Income 0.22x 0.25x 0.2x
Search Homes For Sale In Vero Beach, FL
$287,500
Median Home Value
$993
Median Rent
$54,311
Median Income

Vero Beach, FL Costs By Category

Detailed Vero Beach Services Costs Vs. Florida

Item Vero Beach 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 Vero Beach Groceries Costs Vs. Florida

Item Vero Beach 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 Vero Beach Health Costs Vs. Florida

Item Vero Beach Florida
Optometrist $157.83 $108.57
Doctor $126.5 $116.17
Dentist $108.78 $99.13

Detailed Vero Beach Transportation Costs Vs. Florida

Item Vero Beach Florida
Gasoline $2.19 $2.22
Tire Balancing $51.86 $50.07

Detailed Vero Beach Utilities Costs Vs. Florida

Item Vero Beach Florida
All Electricity $208.89 $167.67
Phone $188.17 $175.64

Vero Beach SnackAbility

7
/10
Overall SnackAbility
Jobs
6/10
Housing
8
Affordability
5
Diversity
8
Safety
7
Amenities
8.5
Education
8
Commute
9.5

Cost Of Living In Cities Around Vero Beach

The cost of living varies in the cities and towns around Vero Beach. 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 90, 0.8x Vero Beach.

  • Vero Beach South, FL has a cost of living index of 95, 0.9x Vero Beach.

  • Sebastian, FL has a cost of living index of 97, 0.9x Vero Beach.

City Population Cost Of Living Vs. Vero Beach
Fort Pierce, FL 46,409 90 0.8x
Vero Beach South, FL 29,506 95 0.9x
Sebastian, FL 24,843 97 0.9x
Florida Ridge, FL 22,151 93 0.9x
Lakewood Park, FL 13,600 89 0.8x
West Vero Corridor, FL 10,158 86 0.8x

Articles About Florida

Enjoy The Snack?