Vero Beach cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexVero BeachFloridaNational
Cost of living index105100100
IndexVero BeachFloridaNational
Goods & Services index102101100
Groceries index113105100
Health care index9697100
Housing index10295100
Transportation index99105100
Utilities index124102100
Displayed above is a general overview of the Vero Beach, FL cost of living index. The overall cost of living index in Vero Beach, FL is 105, which is 5% higher than the Florida average and 5% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Vero Beach, FL are 1% higher than the Florida average and 2% higher than the national average.

Did you know?

  • The cost of living in Vero Beach is 5% higher than the Florida average.
  • The cost of living in Vero Beach is 5% higher than the national average.
  • The cost of housing in Vero Beach is 2% higher than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare Vero Beach, FL Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Vero Beach, FL to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Vero Beach, FL, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Vero Beach, FL salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Vero Beach, FL, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Vero Beach, FL homeowners have a median income of $53,008. Using that number, you will come up with a maximum of $1,237 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $22,331, which means there is a maximum of $521 to be spent on the costs of renting a home or apartment.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Vero Beach, FL and want to know what the true cost of living is, they ought to look at both the Florida income tax rate and the Florida sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Florida, the sales tax is 6%, while the most you'll pay in surtax is 7.5%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Florida, the income tax rate ranges between 0% to 0%.

Goods & Services

ItemVero BeachNational avg.Difference
Haircut $14.67$14.590.5%
Beauty Salon $42.67$34.6823.0%
Toothpaste $3.00$2.4721.3%
Shampoo $1.05$1.022.7%
Movie $9.13$9.877.5%
Bowling $4.75$4.398.2%


ItemVero BeachNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.64$1.4612.0%
Milk $2.83$2.3620.1%
Potatoes $3.94$3.0628.7%
Pizza $8.99$9.242.7%
Beer $8.99$8.634.1%

Health Care

ItemVero BeachNational avg.Difference
Optometrist $105.00$99.785.2%
Doctor $77.53$105.0326.2%
Dentist $95.00$88.707.1%
Ibuprofen $11.24$9.4119.4%
Lipitor $280.37$298.506.1%


ItemVero BeachNational avg.Difference
Home Price $189,800.00$175,700.008.0%
Avg. Mortgage Payment $973.83$1,081.039.9%
Apartment Rent $803.00$920.0012.7%


ItemVero BeachNational avg.Difference
Gasoline $2.15$2.092.9%
Tire Balancing $39.98$45.2911.7%


ItemVero BeachNational avg.Difference
All Electricity$209.21$170.8022.5%
Phone $35.75$28.2626.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Fort Pierce North, FL6,90189-11%
Micco, FL8,55590-10%
Fellsmere, FL5,31290-10%
West Vero Corridor, FL7,17691-9%
Lakewood Park, FL11,30492-8%
Vero Beach, FL15,5771055%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Zachary, LA15,57998-2%
East San Gabriel, CA15,57316363%
Aurora, OH15,56811212%
North Arlington, NJ15,58713232%
Highland Village, TX15,58912222%
Vero Beach, FL15,5771055%
Source: The Vero Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.