Cost of Living in Grant-Valkaria, FL
Population 4,655 · Florida · Data vintage 2023
(100 = US avg)
With a median age of 56, Grant-Valkaria functions largely as a retirement market. Housing costs — $481,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons. An unemployment rate of 0.2% points to a labor market well on the tight side of the national distribution.
Geographically, Grant-Valkaria sits roughly 6 miles east of Palm Bay. Median home values run roughly 94% higher than Palm Bay's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Grant-Valkaria
The median home value in Grant-Valkaria is $481,400 — 58% above the national median of $305,000. Median rent runs $2,565/month, 95% higher than the national median of $1,314/month. The median household income of $120,500/year is 62% higher than the US median of $74,580. The local unemployment rate is 0.2%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Grant-Valkaria has a cost of living index of 173 versus the US average of 100, meaning it is 73% more expensive.
Grant-Valkaria 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 Grant-Valkaria, FL?
Grant-Valkaria has a cost index of 173 (100 = national average). It is 73% above the national average.
What is average rent in Grant-Valkaria, FL?
The median gross rent in Grant-Valkaria is $2,565 per month based on 2023 Census data.
What is the average home price in Grant-Valkaria?
The median home value in Grant-Valkaria is $481,400 according to Zillow and Census data.
What is the median income in Grant-Valkaria?
The median household income in Grant-Valkaria is $120,500 per year (2023 ACS 5-year estimates).
What is the sales tax in Grant-Valkaria, FL?
The combined state and local sales tax rate in Grant-Valkaria is 7.0%. Florida has no state income tax.
Is Grant-Valkaria, FL affordable?
Grant-Valkaria is above average in cost of living, with an index of 173 — about 73% higher than the national average.
Grant-Valkaria at a Glance
- Population
- 4,655
- Median Income
- $120,500
- Home Value
- $481,400
- Median Rent
- $2,565/mo
- Unemployment
- 0.2%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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