Indian River Shores, FL Cost of Living


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Indian River Shores cost of living score
96.8
Less expensive
3.2% lower
than the US average
6.1% lower
than the Florida average
Indian River Shores, Florida gets a BestPlaces Cost of Living score of 96.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.2% lower than the U.S. average and 6.1% lower than the average for Florida.

Indian River Shores, FL

Housing costs in Indian River Shores?
A typical home costs $1,311,000, which is 287.8% more expensive than the national average of $338,100 and 261.8% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Indian River Shores costs $1,850 per month, which is 29.4% more than the national average of $1,430 and 15.7% more than the state average of $1,560.

Can I afford Indian River Shores?
To live comfortably in Indian River Shores, Florida, a minimum annual income of $251,280 for a family, and $61,200 for a single person is recommended.

What does A.I. say about Indian River Shores?
The cost of living in Indian River Shores, FL is higher than the national average. The median home value is around $550,000 and the median household income is $83,600 which reflects the higher cost of living in the area. Although prices are higher in Indian River Shores than other areas in Florida, its location on Florida's Treasure Coast means residents enjoy access to a variety of natural attractions like beaches and waterways as well as events and activities like golfing and fishing. Overall, while living in Indian River Shores may be more expensive than elsewhere, it is an attractive option for those looking to live close to nature.
   Cost of living score
     CategoriesIndian River ShoresFloridaUnited States
  96.8103.1100.0
  114.2102.8100
  98.7102.3100.0
  340.1101.1100.0
  $1,311,000$362,400$338,100
  95.9%101.3%100.0%
  92.9112.6100.0
  106.987.6100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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