Vero Beach Cost of Living

Where Our Money Goes?

The cost of living index for Vero Beach is based on the composite price of groceries, housing, utilities, transportation, healthcare, clothing, and entertainment.

The cost of living indexes will generally be higher in areas that offer access to beaches, culture, arts, and recreation. In addition, areas, that offer a wider variety of services such as health and education will run higher due to higher wages and increased quality of living.

Cost Of Living Indexing explanation

A figure of 100 points is used as an average both for the USA and Florida. For example:
* New York, NY -169.0
* Long Beach, CA -141.0
* Palo Alto, CA -310.0
* Boston, MA -149.0
* Malibu, CA -331.0
• Statewide, Florida cities come in from a low of 88 and up

One way to compare Florida areas to salary requirements
For example-If you were relocating from Portland Oregon (whose rate is 116) to Vero Beach, and you currently make $50,000 per year, the formula is as follows
Take the destination index, in this case, Vero-94.0, and divide by Portland’s index-116, then multiply by a salary of $50,000. This will give you a figure of $40,517.00 which would be required to make in Vero Beach to have the same quality of life.

See comparable Florida statewide
* Re cost of living--in some areas Real Estate has gone up dramatically, however, costs that factor in such as food, transportation, rents, etc have not increased at the same rate-so in some areas, even though housing is expensive, the overall rating may still below

For 2019 Cost Of Living Calculator  See

Some Older Examples

Boca Raton-111.0
Cape Coral-Ft Myers-93.0
Ft Lauderdale-108.0
Jacksonville metro-88.0
Big Pine Key fl-123.0
Key Largo-143.0
Key West-141.00
Marathon fl-130.0
Miami metro-108.0
Naples Fl-161.0
Orlando metro-91
Palm Bay-86
Palm Coast-Flagler-91.0
Panama City-89.0
Pensacola metro-90.0
Tampa 88.0
St Pete-Clearwater-87
Vero-Beach Indian River-94.0
West Palm Beach metro-95.0
(Population Weighted-State Average=100
See national comparisons
Cost of living (100 = nationwide average)

* New York, NY -169.0
* Long Beach, CA -141.0
* Palo Alto, CA -310.0
* Boston, MA -149.0
* Malibu, CA -331.0
* San Francisco, -199.0
* Chicago, IL -105.0
* Dallas Tx -88.0
* Atlanta Ga -94.0

For more information about the cost of living go to
Sperlings Best Places

A personal observation:

Vero Beach is a small city and so the drive time to shopping, recreation, etc is short…meaning you won’t burn as much gas, which in this day and age is definitely a help. I find the car insurance and home insurance rates very reasonable. (If you live on or near the water and require flood insurance, the rates will be higher)

In conclusion, Vero Beach is a great place to live.