Cost of Living in Edgewater, FL

Population 23,314 · Florida · Data vintage 2023

89
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Edgewater a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $239,000.

Located 40 miles northeast of Orlando, Edgewater falls within that metro's commuting orbit. Median home values run roughly 34% lower than Orlando's $359,000.

Cost Overview

Housing 78
Rent 106

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Edgewater

The median home value in Edgewater is $238,700 — 22% below the national median of $305,000. Median rent runs $1,392/month, 6% higher than the national median of $1,314/month. The median household income of $58,805/year is 21% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Edgewater has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.

🏠 Housing

Median Home Value
$238,700
22% below avg
Zillow Home Value
$289,233
Zillow ZHVI
Median Rent
$1,392/mo
6% above avg
Zillow Rent
$1,896/mo
Zillow ZORI
Price-to-Rent Ratio
14.3x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 89.5%
Renter-occupied 10.4%

💰 Estimated Monthly Budget

Rent median rent
$1,392
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,006/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.6 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.6%

Commute Mode

Drove alone
82.3%
Carpooled
7.9%
Walked
1.1%
Bicycle
0.4%
Work from home
7.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$58,805
21% below avg
Per Capita Income
$34,850
Unemployment Rate
3.4%
30% below avg
Poverty Rate
10.0%
Labor Force Participation
52.2%

🎓 Education

Bachelor's degree+ 15.9%
Graduate degree 7.7%

👥 Demographics

Median Age 54.7
Male median age 52.9
Female median age 56

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
71.8%
Good air days/yr
118
Max AQI recorded
216
PM2.5 days
149
Ozone days

Frequently Asked Questions

What is the cost of living in Edgewater, FL?

Edgewater has a cost index of 89 (100 = national average). It is 11% below the national average.

What is average rent in Edgewater, FL?

The median gross rent in Edgewater is $1,392 per month based on 2023 Census data.

What is the average home price in Edgewater?

The median home value in Edgewater is $238,700 according to Zillow and Census data.

What is the median income in Edgewater?

The median household income in Edgewater is $58,805 per year (2023 ACS 5-year estimates).

What is the sales tax in Edgewater, FL?

The combined state and local sales tax rate in Edgewater is 7.0%. Florida has no state income tax.

Is Edgewater, FL affordable?

Yes, Edgewater is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.