Cost of Living in Cocoa, FL
Population 19,330 · Florida · Data vintage 2023
(100 = US avg)
Cocoa is a smaller Florida community of around 19000 residents, where median household incomes of $56,553 and housing costs ($216,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Cocoa is about 30 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 13% 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
The median home value in Cocoa is $215,700 — 29% below the national median of $305,000. Median rent runs $1,180/month, 10% lower than the national median of $1,314/month. The median household income of $56,553/year is 24% lower than the US median of $74,580. The local unemployment rate is 4.8%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Cocoa has a cost of living index of 78 versus the US average of 100, meaning it is 22% less 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, FL?
Cocoa has a cost index of 78 (100 = national average). It is 22% below the national average.
What is average rent in Cocoa, FL?
The median gross rent in Cocoa is $1,180 per month based on 2023 Census data.
What is the average home price in Cocoa?
The median home value in Cocoa is $215,700 according to Zillow and Census data.
What is the median income in Cocoa?
The median household income in Cocoa is $56,553 per year (2023 ACS 5-year estimates).
What is the sales tax in Cocoa, FL?
The combined state and local sales tax rate in Cocoa is 7.0%. Florida has no state income tax.
Is Cocoa, FL affordable?
Yes, Cocoa is generally considered affordable, with a cost of living index of 78 — about 22% below the US national average of 100.
Cocoa at a Glance
- Population
- 19,330
- Median Income
- $56,553
- Home Value
- $215,700
- Median Rent
- $1,180/mo
- Unemployment
- 4.8%
- 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