West Melbourne, FL Cost Of Living
Cost Of Living In West Melbourne, FL Summary
Cost of living in West Melbourne 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 West Melbourne 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 West Melbourne is 105, with 100 being the average.
The cost of living index in West Melbourne is 1.1x higher than the national average.
West Melbourne ranks as the #317 cheapest in Florida out of 459.
West Melbourne ranks as the #3,676 cheapest out of 6,412 in the US.
The median home value in West Melbourne is $256,800.
The median income in West Melbourne is $76,848.
Table Of Contents
West Melbourne's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in West Melbourne, FL?
According to the most recent data on the cost of living, West Melbourne has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Florida, West Melbourne has a cost of living index that's 1.0x higher than Florida's index of 101.
The standard of living in West Melbourne ranks as #317 most affordable out of the 459 places we measured in Florida. By definition, that implies West Melbourne ranks as the #142 most expensive place in the Sunshine State.
For more reading on life in West Melbourne, check out:
- Living In West Melbourne
- West Melbourne Crime Report
- Search Homes For Sale In West Melbourne, FL
In Florida
In America
West Melbourne Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in West Melbourne. Here is how it fairs on each of the criteria:
The Services index in West Melbourne is 101.
The Groceries index in West Melbourne is 100.
The Health index in West Melbourne is 112.
The Housing index in West Melbourne is 100.
The Transportation index in West Melbourne is 100.
The Utilities index in West Melbourne is 116.
| Living Expense | West Melbourne | Florida | National Average | |
|---|---|---|---|---|
| Overall | 105 | 101 | 100 | |
| Services | 101 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 112 | 96 | 100 | |
| Housing | 100 | 108 | 100 | |
| Transportation | 100 | 98 | 100 | |
| Utilities | 116 | 100 | 100 | |
West Melbourne, 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 West Melbourne is $256,800.
The Median Rent in West Melbourne is $1,510.
The Median Income in West Melbourne is $76,848.
The Home Value To Income in West Melbourne is 3.3x.
The Rent To Monthly Income in West Melbourne is 0.24x.
| Statistic | West Melbourne | Florida | United States |
|---|---|---|---|
| Median Home Value | $256,800 | $248,700 | $244,900 |
| Median Rent | $1,510 | $1,301 | $1,163 |
| Median Income | $76,848 | $61,777 | $69,021 |
| Home Value To Income | 3.3x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
West Melbourne, FL Costs By Category
Detailed West Melbourne Services Costs Vs. Florida
| Item | West Melbourne | 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 West Melbourne Groceries Costs Vs. Florida
| Item | West Melbourne | 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 West Melbourne Health Costs Vs. Florida
| Item | West Melbourne | Florida |
|---|---|---|
| Optometrist | $157.83 | $108.57 |
| Doctor | $126.5 | $116.17 |
| Dentist | $108.78 | $99.13 |
Detailed West Melbourne Transportation Costs Vs. Florida
| Item | West Melbourne | Florida |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $51.86 | $50.07 |
Detailed West Melbourne Utilities Costs Vs. Florida
| Item | West Melbourne | Florida |
|---|---|---|
| All Electricity | $208.89 | $167.67 |
| Phone | $188.17 | $175.64 |
West Melbourne SnackAbility
/10
Cost Of Living In Cities Around West Melbourne
The cost of living varies in the cities and towns around West Melbourne. Here's a quick look at the cost of living in the most populous nearby places:
Palm Bay, FL has a cost of living index of 95, 0.9x West Melbourne.
Melbourne, FL has a cost of living index of 93, 0.9x West Melbourne.
Merritt Island, FL has a cost of living index of 100, 1.0x West Melbourne.
| City | Population | Cost Of Living | Vs. West Melbourne |
|---|---|---|---|
| Palm Bay, FL | 118,709 | 95 | 0.9x |
| Melbourne, FL | 83,500 | 93 | 0.9x |
| Merritt Island, FL | 34,013 | 100 | 1.0x |
| Rockledge, FL | 27,466 | 96 | 0.9x |
| Viera East, FL | 12,020 | 102 | 1.0x |
| Cocoa Beach, FL | 11,316 | 110 | 1.0x |
| Satellite Beach, FL | 11,093 | 113 | 1.1x |
| Indian Harbour Beach, FL | 8,888 | 109 | 1.0x |
