Cost of Living in South Bay, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.8
100 = national avg
-11.2 vs national average
Living Wage (1 Adult)
$39,065
per year
Living Wage (Family of 4)
$92,335
per year
Cost Index by Category
Housing94.7
Food89.6
Transportation79.2
Healthcare91.7
Utilities92.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,901
per month
2 Bedroom
$2,254
per month
The overall cost of living index in South Bay is 88.8, which is 11.2% below the national average. Housing costs are below the national average at an index of 94.7. A single adult needs to earn approximately $39,065 per year to cover basic expenses.