Cost of Living in Hutchinson Island South, FL

Population 4,350 · Florida · Data vintage 2023

127
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in Hutchinson Island South is 72 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.

Geographically, Hutchinson Island South sits roughly 10 miles east of Port St. Lucie. Median home values run roughly 10% higher than Port St. Lucie's $328,000.

Cost Overview

Housing 119
Rent 138

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

About the Cost of Living in Hutchinson Island South

The median home value in Hutchinson Island South is $362,100 — 19% above the national median of $305,000. Median rent runs $1,818/month, 38% higher than the national median of $1,314/month. The median household income of $61,422/year is 18% lower than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Hutchinson Island South has a cost of living index of 127 versus the US average of 100, meaning it is 27% more expensive.

🏠 Housing

Median Home Value
$362,100
19% above avg
Median Rent
$1,818/mo
38% above avg
Price-to-Rent Ratio
16.6x
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 90.5%
Renter-occupied 9.5%

💰 Estimated Monthly Budget

Rent median rent
$1,818
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,432/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
32.4 min
20% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.9%

Commute Mode

Drove alone
74.2%
Work from home
20.9%

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
$61,422
18% below avg
Per Capita Income
$54,849
Unemployment Rate
5.6%
17% above avg
Poverty Rate
7.9%
Labor Force Participation
24.4%

🎓 Education

Bachelor's degree+ 23.9%
Graduate degree 18.4%

👥 Demographics

Median Age 72
Male median age 72.4
Female median age 71.7

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
97.5%
Good air days/yr
80
Max AQI recorded
0
PM2.5 days
361
Ozone days

Frequently Asked Questions

What is the cost of living in Hutchinson Island South, FL?

Hutchinson Island South has a cost index of 127 (100 = national average). It is 27% above the national average.

What is average rent in Hutchinson Island South, FL?

The median gross rent in Hutchinson Island South is $1,818 per month based on 2023 Census data.

What is the average home price in Hutchinson Island South?

The median home value in Hutchinson Island South is $362,100 according to 2023 Census ACS data.

What is the median income in Hutchinson Island South?

The median household income in Hutchinson Island South is $61,422 per year (2023 ACS 5-year estimates).

What is the sales tax in Hutchinson Island South, FL?

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

Is Hutchinson Island South, FL affordable?

Hutchinson Island South is above average in cost of living, with an index of 127 — about 27% higher than the national average.

Hutchinson Island South at a Glance

Population
4,350
Median Income
$61,422
Home Value
$362,100
Median Rent
$1,818/mo
Unemployment
5.6%
Sales Tax
7.0%
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