Cost of Living in Vero Beach South, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

114.6

100 = national avg

+14.6 vs national average

Living Wage (1 Adult)

$50,437

per year

Living Wage (Family of 4)

$119,215

per year

Cost Index by Category

Housing
134.3
Food
104.8
Transportation
94.1
Healthcare
103.8
Utilities
109.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,222

per month

2 Bedroom

$1,604

per month

The overall cost of living index in Vero Beach South is 114.6, which is 14.6% above the national average. Housing costs are above the national average at an index of 134.3. A single adult needs to earn approximately $50,437 per year to cover basic expenses.