Cost of Living in Cocoa beach, FL
Housing
The housing market plays a significant role in determining the cost of living in Cocoa beach, FL.
- Housing Index: 110.9 / 100
- Median Home Price is: $389,000
- Average Rent (2 BR Apartment): $2264 per month
- Average Rent (2 BR House): $2461 per month
In Cocoa beach, FL, the housing market is quite competitive, indicated by a housing index of 110.9, which suggests higher-than-average costs compared to national standards. The median home price of 389000 and average rents of 2264 for a 2-bedroom apartment and 2461 for a house reflect a growing demand for real estate. Potential buyers or renters should weigh these costs against income levels and lifestyle desires, keeping in mind local amenities and community dynamics when considering a move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cocoa beach, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $243 per month
Living in Cocoa beach, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $243 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Cocoa beach is a financially viable option for your relocation.