Cost of Living in Tequesta, FL

Population 6,118 · 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

Tequesta's housing market reflects its status as a high-earning metro: $570,000 for a typical home, 87% above the US median, paired with household incomes around $103,036 that put it in the upper third of the state.

Tequesta sits roughly 15 miles north of West Palm Beach — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 54% higher than West Palm Beach's $370,000.

Cost Overview

Housing 187
Rent 135

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

About the Cost of Living in Tequesta

The median home value in Tequesta is $570,400 — 87% above the national median of $305,000. Median rent runs $1,774/month, 35% higher than the national median of $1,314/month. The median household income of $103,036/year is 38% higher than the US median of $74,580. The local unemployment rate is 3.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Tequesta has a cost of living index of 166 versus the US average of 100, meaning it is 66% more expensive.

🏠 Housing

Median Home Value
$570,400
87% above avg
Zillow Home Value
$634,073
Zillow ZHVI
Median Rent
$1,774/mo
35% above avg
Zillow Rent
$3,253/mo
Zillow ZORI
Price-to-Rent Ratio
26.8x
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 83.0%
Renter-occupied 16.9%

💰 Estimated Monthly Budget

Rent median rent
$1,774
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,388/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
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.3%

Commute Mode

Drove alone
61.4%
Carpooled
3.7%
Public transit
0.3%
Walked
0.9%
Work from home
32.3%

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
$103,036
38% above avg
Per Capita Income
$70,159
Unemployment Rate
3.7%
22% below avg
Poverty Rate
5.1%
Labor Force Participation
58.9%

🎓 Education

Bachelor's degree+ 34.9%
Graduate degree 13.9%

👥 Demographics

Median Age 51
Male median age 45.1
Female median age 53.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.2%
Good air days/yr
122
Max AQI recorded
242
PM2.5 days
123
Ozone days

Frequently Asked Questions

What is the cost of living in Tequesta, FL?

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

What is average rent in Tequesta, FL?

The median gross rent in Tequesta is $1,774 per month based on 2023 Census data.

What is the average home price in Tequesta?

The median home value in Tequesta is $570,400 according to Zillow and Census data.

What is the median income in Tequesta?

The median household income in Tequesta is $103,036 per year (2023 ACS 5-year estimates).

What is the sales tax in Tequesta, FL?

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

Is Tequesta, FL affordable?

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

Tequesta at a Glance

Population
6,118
Median Income
$103,036
Home Value
$570,400
Median Rent
$1,774/mo
Unemployment
3.7%
Sales Tax
7.0%
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Explore county-level cost of living data

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