Cost of Living in Melbourne Village, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.9
100 = national avg
+35.9 vs national average
Living Wage (1 Adult)
$59,807
per year
Living Wage (Family of 4)
$141,362
per year
Cost Index by Category
Housing144.8
Food121.7
Transportation143.5
Healthcare117.4
Utilities122.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,478
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Melbourne Village is 135.9, which is 35.9% above the national average. Housing costs are above the national average at an index of 144.8. A single adult needs to earn approximately $59,807 per year to cover basic expenses.