Cost of Living in Ocean City, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
112.2
100 = national avg
+12.2 vs national average
Living Wage (1 Adult)
$49,385
per year
Living Wage (Family of 4)
$116,727
per year
Cost Index by Category
Housing150.1
Food92.9
Transportation85.8
Healthcare94.3
Utilities105.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,581
per month
2 Bedroom
$1,785
per month
The overall cost of living index in Ocean City is 112.2, which is 12.2% above the national average. Housing costs are above the national average at an index of 150.1. A single adult needs to earn approximately $49,385 per year to cover basic expenses.