Cost of Living in Micco, FL
Population 9,053 · Florida · Data vintage 2023
(100 = US avg)
With a median age of 67, Micco functions largely as a retirement market. Housing costs — $156,000 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.
Geographically, Micco sits roughly 12 miles southeast of Palm Bay. Median home values run roughly 37% lower than Palm Bay's $248,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Micco
The median home value in Micco is $156,400 — 49% below the national median of $305,000. Median rent runs $1,340/month, 2% higher than the national median of $1,314/month. The median household income of $46,809/year is 37% lower than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Micco has a cost of living index of 72 versus the US average of 100, meaning it is 28% less expensive.
Micco 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 Micco, FL?
Micco has a cost index of 72 (100 = national average). It is 28% below the national average.
What is average rent in Micco, FL?
The median gross rent in Micco is $1,340 per month based on 2023 Census data.
What is the average home price in Micco?
The median home value in Micco is $156,400 according to Zillow and Census data.
What is the median income in Micco?
The median household income in Micco is $46,809 per year (2023 ACS 5-year estimates).
What is the sales tax in Micco, FL?
The combined state and local sales tax rate in Micco is 7.0%. Florida has no state income tax.
Is Micco, FL affordable?
Yes, Micco is generally considered affordable, with a cost of living index of 72 — about 28% below the US national average of 100.
Micco at a Glance
- Population
- 9,053
- Median Income
- $46,809
- Home Value
- $156,400
- Median Rent
- $1,340/mo
- Unemployment
- 4.1%
- 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