Mexico Beach, FL Cost of Living


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Mexico Beach cost of living score
95.4
Less expensive
4.6% lower
than the US average
7.5% lower
than the Florida average
Mexico Beach, Florida gets a BestPlaces Cost of Living score of 95.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.6% lower than the U.S. average and 7.5% lower than the average for Florida.

Mexico Beach, FL

Housing costs in Mexico Beach?
A typical home costs $462,600, which is 36.8% more expensive than the national average of $338,100 and 27.6% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Mexico Beach costs $1,660 per month, which is 16.1% more than the national average of $1,430 and 6.0% more than the state average of $1,560.

Can I afford Mexico Beach?
To live comfortably in Mexico Beach, Florida, a minimum annual income of $88,560 for a family, and $53,600 for a single person is recommended.

What does A.I. say about Mexico Beach?
The cost of living in Mexico Beach, FL is quite reasonable. The median home price is $292,700, which is much lower than the national median home price of $227,025. Renting a one bedroom apartment will typically cost around $890 per month. Utilities are also reasonably priced with electricity costing an average of $112 a month. The overall cost of living index for Mexico Beach is 92.6, which is lower than the US average of 100. This means that on average, it costs about 7-9% less to live here than other parts of the country.
   Cost of living score
     CategoriesMexico BeachFloridaUnited States
  95.4103.1100.0
  101.8102.8100
  99.1102.3100.0
  108.4101.1100.0
  $462,600$362,400$338,100
  109.0%101.3%100.0%
  108.8112.6100.0
  92.087.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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