Housing costs in Vero Beach?
A typical home costs
$277,800, which is 17.8% less expensive than the national average of
$338,100 and 23.3% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Vero Beach costs
$1,170 per month, which is 25.0% cheaper than the national average of
$1,560 and 7.7% cheaper than the state average of
$1,260.
Can I afford Vero Beach?
To live comfortably in Vero Beach (zip 32960), Florida, a minimum annual income of
$53,280 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Vero Beach?
The cost of living in 32960 Vero Beach, FL is relatively low compared to the national average. The median home value is $223,100, which is significantly lower than the national average and far below the prices in nearby cities like Miami or Orlando. The median household income for Vero Beach sits at $45,875 and the unemployment rate is 4.3%. Additionally, taxes are much lower than in most states with no state income tax and a sales tax of only 6%, making it an attractive destination for those looking to save money on their living expenses.