Cost of Living in Vero Beach South, FL

Population 29,365 · Florida · Data vintage 2023

95
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Vero Beach South's cost indicators track within a reasonable band of national figures, with median household incomes near $71,675 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Located 25 miles north of Port St. Lucie, Vero Beach South falls within that metro's commuting orbit. Median home values run roughly 10% lower than Port St. Lucie's $328,000.

Cost Overview

Housing 97
Rent 91

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

About the Cost of Living in Vero Beach South

The median home value in Vero Beach South is $295,500 — 3% below the national median of $305,000. Median rent runs $1,201/month, 9% lower than the national median of $1,314/month. The median household income of $71,675/year is 4% lower than the US median of $74,580. The local unemployment rate is 4.7%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Vero Beach South has a cost of living index of 95 versus the US average of 100, meaning it is 5% less expensive.

🏠 Housing

Median Home Value
$295,500
3% below avg
Median Rent
$1,201/mo
9% below avg
Price-to-Rent Ratio
20.5x
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 78.7%
Renter-occupied 21.3%

💰 Estimated Monthly Budget

Rent median rent
$1,201
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,815/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
21.5 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.2%

Commute Mode

Drove alone
77.1%
Carpooled
11.4%
Walked
0.1%
Work from home
10.2%

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
$71,675
4% below avg
Per Capita Income
$38,290
Unemployment Rate
4.7%
3% below avg
Poverty Rate
9.2%
Labor Force Participation
55.6%

🎓 Education

Bachelor's degree+ 18.6%
Graduate degree 11.1%

👥 Demographics

Median Age 49.7
Male median age 47.8
Female median age 51.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 34 — Good
97.8%
Good air days/yr
74
Max AQI recorded
0
PM2.5 days
358
Ozone days

Frequently Asked Questions

What is the cost of living in Vero Beach South, FL?

Vero Beach South has a cost index of 95 (100 = national average). It is 5% below the national average.

What is average rent in Vero Beach South, FL?

The median gross rent in Vero Beach South is $1,201 per month based on 2023 Census data.

What is the average home price in Vero Beach South?

The median home value in Vero Beach South is $295,500 according to 2023 Census ACS data.

What is the median income in Vero Beach South?

The median household income in Vero Beach South is $71,675 per year (2023 ACS 5-year estimates).

What is the sales tax in Vero Beach South, FL?

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

Is Vero Beach South, FL affordable?

Vero Beach South is near the national average in terms of cost of living, with an index of 95 (100 = US average).

Vero Beach South at a Glance

Population
29,365
Median Income
$71,675
Home Value
$295,500
Median Rent
$1,201/mo
Unemployment
4.7%
Sales Tax
7.0%
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Explore county-level cost of living data

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