Cost of Living in West Vero Corridor, FL

Population 10,802 · Florida · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The median resident in West Vero Corridor is 66 years old, well past the national midpoint, giving the city the retail and service mix of a retirement-dominant market. Household-income figures here read differently than in working-age cities: retirement and investment income weigh heavily in the totals. Unemployment has stayed elevated relative to the national figure — 7.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, West Vero Corridor is about 25 miles north of Port St. Lucie, the nearest large metro. Median home values run roughly 43% lower than Port St. Lucie's $328,000.

Cost Overview

Housing 61
Rent 112

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

About the Cost of Living in West Vero Corridor

The median home value in West Vero Corridor is $186,700 — 39% below the national median of $305,000. Median rent runs $1,474/month, 12% higher than the national median of $1,314/month. The median household income of $59,162/year is 21% lower than the US median of $74,580. The local unemployment rate is 7.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, West Vero Corridor has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$186,700
39% below avg
Median Rent
$1,474/mo
12% above avg
Price-to-Rent Ratio
10.6x
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 74.0%
Renter-occupied 26.0%

💰 Estimated Monthly Budget

Rent median rent
$1,474
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,088/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
29.3 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.1%

Commute Mode

Drove alone
72.0%
Carpooled
4.9%
Walked
1.1%
Bicycle
0.2%
Work from home
19.1%

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
$59,162
21% below avg
Per Capita Income
$43,563
Unemployment Rate
7.7%
59% above avg
Poverty Rate
10.8%
Labor Force Participation
32.6%

🎓 Education

Bachelor's degree+ 21.1%
Graduate degree 12.7%

👥 Demographics

Median Age 66.2
Male median age 64.9
Female median age 67.1

💨 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 West Vero Corridor, FL?

West Vero Corridor has a cost index of 82 (100 = national average). It is 18% below the national average.

What is average rent in West Vero Corridor, FL?

The median gross rent in West Vero Corridor is $1,474 per month based on 2023 Census data.

What is the average home price in West Vero Corridor?

The median home value in West Vero Corridor is $186,700 according to 2023 Census ACS data.

What is the median income in West Vero Corridor?

The median household income in West Vero Corridor is $59,162 per year (2023 ACS 5-year estimates).

What is the sales tax in West Vero Corridor, FL?

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

Is West Vero Corridor, FL affordable?

Yes, West Vero Corridor is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

West Vero Corridor at a Glance

Population
10,802
Median Income
$59,162
Home Value
$186,700
Median Rent
$1,474/mo
Unemployment
7.7%
Sales Tax
7.0%
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Explore county-level cost of living data

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