Cost of Living in Cocoa Beach, FL
Population 11,341 · Florida · Data vintage 2023
(100 = US avg)
The median resident in Cocoa Beach is 58 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals. Unemployment has stayed elevated relative to the national figure — 8.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Cocoa Beach is about 25 miles north of Palm Bay, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 82% higher than Palm Bay's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cocoa Beach
The median home value in Cocoa Beach is $451,800 — 48% above the national median of $305,000. Median rent runs $1,555/month, 18% higher than the national median of $1,314/month. The median household income of $82,381/year is 10% higher than the US median of $74,580. The local unemployment rate is 8.8%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Cocoa Beach has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Cocoa Beach, FL?
Cocoa Beach has a cost index of 136 (100 = national average). It is 36% above the national average.
What is average rent in Cocoa Beach, FL?
The median gross rent in Cocoa Beach is $1,555 per month based on 2023 Census data.
What is the average home price in Cocoa Beach?
The median home value in Cocoa Beach is $451,800 according to Zillow and Census data.
What is the median income in Cocoa Beach?
The median household income in Cocoa Beach is $82,381 per year (2023 ACS 5-year estimates).
What is the sales tax in Cocoa Beach, FL?
The combined state and local sales tax rate in Cocoa Beach is 7.0%. Florida has no state income tax.
Is Cocoa Beach, FL affordable?
Cocoa Beach is above average in cost of living, with an index of 136 — about 36% higher than the national average.
Cocoa Beach at a Glance
- Population
- 11,341
- Median Income
- $82,381
- Home Value
- $451,800
- Median Rent
- $1,555/mo
- Unemployment
- 8.8%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
Cities in other states with comparable housing costs