Cost of Living in Viera East, FL

Population 13,082 · Florida · Data vintage 2023

119
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 Viera East a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $365,000.

Geographically, Viera East sits roughly 20 miles north of Palm Bay. Median home values run roughly 47% higher than Palm Bay's $248,000.

Cost Overview

Housing 120
Rent 119

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

About the Cost of Living in Viera East

The median home value in Viera East is $365,400 — 20% above the national median of $305,000. Median rent runs $1,563/month, 19% higher than the national median of $1,314/month. The median household income of $97,386/year is 31% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Viera East has a cost of living index of 119 versus the US average of 100, meaning it is 19% more expensive.

🏠 Housing

Median Home Value
$365,400
20% above avg
Median Rent
$1,563/mo
19% above avg
Price-to-Rent Ratio
19.5x
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 77.1%
Renter-occupied 22.9%

💰 Estimated Monthly Budget

Rent median rent
$1,563
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,177/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
25.1 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.1%

Commute Mode

Drove alone
76.3%
Carpooled
6.0%
Bicycle
0.5%
Work from home
17.1%

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
$97,386
31% above avg
Per Capita Income
$49,958
Unemployment Rate
5.5%
14% above avg
Poverty Rate
2.5%
Labor Force Participation
52.6%

🎓 Education

Bachelor's degree+ 28.6%
Graduate degree 19.3%

👥 Demographics

Median Age 45.6
Male median age 46.9
Female median age 44.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
76.4%
Good air days/yr
130
Max AQI recorded
143
PM2.5 days
222
Ozone days

Frequently Asked Questions

What is the cost of living in Viera East, FL?

Viera East has a cost index of 119 (100 = national average). It is 19% above the national average.

What is average rent in Viera East, FL?

The median gross rent in Viera East is $1,563 per month based on 2023 Census data.

What is the average home price in Viera East?

The median home value in Viera East is $365,400 according to 2023 Census ACS data.

What is the median income in Viera East?

The median household income in Viera East is $97,386 per year (2023 ACS 5-year estimates).

What is the sales tax in Viera East, FL?

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

Is Viera East, FL affordable?

Viera East is above average in cost of living, with an index of 119 — about 19% higher than the national average.