Cost of Living in Neptune Beach, FL

Population 7,199 · Florida · Data vintage 2023

166
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing in Neptune Beach sits 101% above the national median — $614,000 for the typical home — but median household incomes near $111,025 (49% above the US figure) soften the blow that similar pricing creates in lower-wage metros. An unemployment rate of 1.8% points to a labor market well on the tight side of the national distribution.

Neptune Beach sits roughly 15 miles east of Jacksonville — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 131% higher than Jacksonville's $266,000.

Cost Overview

Housing 201
Rent 113

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

About the Cost of Living in Neptune Beach

The median home value in Neptune Beach is $613,500 — 101% above the national median of $305,000. Median rent runs $1,481/month, 13% higher than the national median of $1,314/month. The median household income of $111,025/year is 49% higher than the US median of $74,580. The local unemployment rate is 1.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Neptune Beach has a cost of living index of 166 versus the US average of 100, meaning it is 66% more expensive.

🏠 Housing

Median Home Value
$613,500
101% above avg
Zillow Home Value
$251,585
Zillow ZHVI
Median Rent
$1,481/mo
13% above avg
Zillow Rent
$2,708/mo
Zillow ZORI
Price-to-Rent Ratio
34.5x
Favors renting
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 72.3%
Renter-occupied 27.8%

💰 Estimated Monthly Budget

Rent median rent
$1,481
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,095/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
26.6 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.0%

Commute Mode

Drove alone
69.9%
Carpooled
4.8%
Walked
0.4%
Work from home
23.0%

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
$111,025
49% above avg
Per Capita Income
$71,949
Unemployment Rate
1.8%
63% below avg
Poverty Rate
1.8%
Labor Force Participation
70.9%

🎓 Education

Bachelor's degree+ 39.2%
Graduate degree 20.4%

👥 Demographics

Median Age 45
Male median age 48.3
Female median age 43.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
42.7%
Good air days/yr
124
Max AQI recorded
303
PM2.5 days
62
Ozone days

Frequently Asked Questions

What is the cost of living in Neptune Beach, FL?

Neptune Beach has a cost index of 166 (100 = national average). It is 66% above the national average.

What is average rent in Neptune Beach, FL?

The median gross rent in Neptune Beach is $1,481 per month based on 2023 Census data.

What is the average home price in Neptune Beach?

The median home value in Neptune Beach is $613,500 according to Zillow and Census data.

What is the median income in Neptune Beach?

The median household income in Neptune Beach is $111,025 per year (2023 ACS 5-year estimates).

What is the sales tax in Neptune Beach, FL?

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

Is Neptune Beach, FL affordable?

Neptune Beach is above average in cost of living, with an index of 166 — about 66% higher than the national average.

Neptune Beach at a Glance

Population
7,199
Median Income
$111,025
Home Value
$613,500
Median Rent
$1,481/mo
Unemployment
1.8%
Sales Tax
7.0%
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Explore county-level cost of living data

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