Cost of Living in North River Shores, FL

Population 3,655 · Florida · Data vintage 2023

106
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives North River Shores a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $314,000. An unemployment rate of 2.3% points to a labor market well on the tight side of the national distribution.

Located 8 miles southeast of Port St. Lucie, North River Shores falls within that metro's commuting orbit. Housing prices track closely with Port St. Lucie's $328,000 median.

Cost Overview

Housing 103
Rent 111

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

About the Cost of Living in North River Shores

The median home value in North River Shores is $314,100 — 3% above the national median of $305,000. Median rent runs $1,455/month, 11% higher than the national median of $1,314/month. The median household income of $73,635/year is 1% lower than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, North River Shores has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.

🏠 Housing

Median Home Value
$314,100
3% above avg
Median Rent
$1,455/mo
11% above avg
Price-to-Rent Ratio
18.0x
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 81.4%
Renter-occupied 18.6%

💰 Estimated Monthly Budget

Rent median rent
$1,455
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,069/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
29.9 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.0%

Commute Mode

Drove alone
82.5%
Carpooled
1.3%
Public transit
0.1%
Bicycle
1.4%
Work from home
12.0%

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
$73,635
1% below avg
Per Capita Income
$53,847
Unemployment Rate
2.3%
52% below avg
Poverty Rate
11.6%
Labor Force Participation
55.1%

🎓 Education

Bachelor's degree+ 25.2%
Graduate degree 9.1%

👥 Demographics

Median Age 50.5
Male median age 46.2
Female median age 61.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
77.5%
Good air days/yr
127
Max AQI recorded
207
PM2.5 days
158
Ozone days

Frequently Asked Questions

What is the cost of living in North River Shores, FL?

North River Shores has a cost index of 106 (100 = national average). It is 6% above the national average.

What is average rent in North River Shores, FL?

The median gross rent in North River Shores is $1,455 per month based on 2023 Census data.

What is the average home price in North River Shores?

The median home value in North River Shores is $314,100 according to 2023 Census ACS data.

What is the median income in North River Shores?

The median household income in North River Shores is $73,635 per year (2023 ACS 5-year estimates).

What is the sales tax in North River Shores, FL?

The combined state and local sales tax rate in North River Shores is 7.0%. Florida has no state income tax.

Is North River Shores, FL affordable?

North River Shores is near the national average in terms of cost of living, with an index of 106 (100 = US average).

North River Shores at a Glance

Population
3,655
Median Income
$73,635
Home Value
$314,100
Median Rent
$1,455/mo
Unemployment
2.3%
Sales Tax
7.0%
View all cities in Florida →
🗺️ County data for Florida

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs