Cost of Living in Indian River Estates, FL
Population 7,331 · Florida · Data vintage 2023
(100 = US avg)
Indian River Estates is a smaller Florida community of around 7000 residents, where median household incomes of $54,563 and housing costs ($238,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. A poverty rate near 22% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Indian River Estates sits roughly 8 miles northeast of Port St. Lucie — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 27% lower than Port St. Lucie's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Indian River Estates
The median home value in Indian River Estates is $238,000 — 22% below the national median of $305,000. Median rent runs $2,177/month, 66% higher than the national median of $1,314/month. The median household income of $54,563/year is 27% lower than the US median of $74,580. The local unemployment rate is 5.1%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Indian River Estates has a cost of living index of 113 versus the US average of 100, meaning it is 13% more expensive.
Indian River Estates 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 Indian River Estates, FL?
Indian River Estates has a cost index of 113 (100 = national average). It is 13% above the national average.
What is average rent in Indian River Estates, FL?
The median gross rent in Indian River Estates is $2,177 per month based on 2023 Census data.
What is the average home price in Indian River Estates?
The median home value in Indian River Estates is $238,000 according to 2023 Census ACS data.
What is the median income in Indian River Estates?
The median household income in Indian River Estates is $54,563 per year (2023 ACS 5-year estimates).
What is the sales tax in Indian River Estates, FL?
The combined state and local sales tax rate in Indian River Estates is 7.0%. Florida has no state income tax.
Is Indian River Estates, FL affordable?
Indian River Estates is above average in cost of living, with an index of 113 — about 13% higher than the national average.
Indian River Estates at a Glance
- Population
- 7,331
- Median Income
- $54,563
- Home Value
- $238,000
- Median Rent
- $2,177/mo
- Unemployment
- 5.1%
- 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