Cost of Living in Rio, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
143.5
100 = national avg
+43.5 vs national average
Living Wage (1 Adult)
$63,124
per year
Living Wage (Family of 4)
$149,203
per year
Cost Index by Category
Housing161.5
Food123.3
Transportation146.5
Healthcare118.6
Utilities126.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,467
per month
2 Bedroom
$1,757
per month
The overall cost of living index in Rio is 143.5, which is 43.5% above the national average. Housing costs are above the national average at an index of 161.5. A single adult needs to earn approximately $63,124 per year to cover basic expenses.