Housing costs in Vero Beach?
A typical home costs
$411,200, which is 21.6% more expensive than the national average of
$338,100 and 13.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Vero Beach costs
$1,220 per month, which is 21.8% cheaper than the national average of
$1,560 and 3.3% cheaper than the state average of
$1,260.
Can I afford Vero Beach?
To live comfortably in Vero Beach (zip 32967), Florida, a minimum annual income of
$78,840 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about Vero Beach?
The cost of living in 32967 Vero Beach, FL is quite affordable compared to other cities in the United States. The median home price here is around $220,000 which is substantially lower than the national average of $272,000. The median household income rate here is also considerably lower at $44,856 per year versus the national median of $61,937. Additionally, food costs in Vero Beach are 5% cheaper than the rest of the country and utilities are 4% cheaper on average. Overall, living in Vero Beach can be financially beneficial for those looking for an affordable place to live.