Cost of Living in Cocoa West, FL
Population 5,416 · Florida · Data vintage 2023
(100 = US avg)
Cocoa West's median household income of $32,746 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (37% here). At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Geographically, Cocoa West is about 30 miles north of Palm Bay, the nearest large metro. Median home values run roughly 46% lower than Palm Bay's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Cocoa West
The median home value in Cocoa West is $135,000 — 56% below the national median of $305,000. Median rent runs $1,103/month, 16% lower than the national median of $1,314/month. The median household income of $32,746/year is 56% lower than the US median of $74,580. The local unemployment rate is 6.4%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Cocoa West has a cost of living index of 60 versus the US average of 100, meaning it is 40% less expensive.
Cocoa West has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 West, FL?
Cocoa West has a cost index of 60 (100 = national average). It is 40% below the national average.
What is average rent in Cocoa West, FL?
The median gross rent in Cocoa West is $1,103 per month based on 2023 Census data.
What is the average home price in Cocoa West?
The median home value in Cocoa West is $135,000 according to 2023 Census ACS data.
What is the median income in Cocoa West?
The median household income in Cocoa West is $32,746 per year (2023 ACS 5-year estimates).
What is the sales tax in Cocoa West, FL?
The combined state and local sales tax rate in Cocoa West is 7.0%. Florida has no state income tax.
Is Cocoa West, FL affordable?
Yes, Cocoa West is generally considered affordable, with a cost of living index of 60 — about 40% below the US national average of 100.
Cocoa West at a Glance
- Population
- 5,416
- Median Income
- $32,746
- Home Value
- $135,000
- Median Rent
- $1,103/mo
- Unemployment
- 6.4%
- 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