Melbourne Florida Cost of Living
The Melbourne Florida cost of living is very affordable. In fact, it's even less expensive than many of the more populated areas in the Sunshine State. It is also one of the best places on the peninsula to call home.
By: AAmerican Property Management
Located to the southeast of Orlando on the east coast of the state, Melbourne is home to the Eau Gallie Arts District, on the Indian River Lagoon, Howard E. Futch Memorial Park, and the Brevard Zoo.
Settled around 1867 and incorporated as a village in December of 1888, Melbourne spans over 43 square miles and is home to approximately 82,800+ residents and nearly 39,000 households.
Now, as for the cost of living in Melbourne Florida, we'll compare it by establishing a baseline of 100 for the national average. Meaning, any category scoring below 100 is less expensive, while any category coming in over 100 is more expensive. Here's a breakdown of the Melbourne Florida cost of living:
• 1. Transportation. The cost of getting around Melbourne comes in at a score of 95.3. That's more affordable than the national amount and the state number of 130.
• 2. Groceries. For groceries, residents in Melbourne pay less than the national figure and the state number of 101.5, coming in at a score of 96.7. That's good news, considering this is so fundamental to day to day living.
• 3. Healthcare. Here's some more good news, the cost of healthcare in Melbourne is also below the national number, with a score of 96.8, a point below the statewide average.
• 4. Housing. Perhaps the best thing about living in Melbourne is the fact housing is very affordable. Melbourne scores 97.1 on the scale, which is below the national figure and well below the state of nearly 119.
• 5. Utilities. We all know utilities can eat up a good part of a household budget but in Melbourne, this expense is also less than the national number, with a score of 97.3 and under the state figure of 101.3.
• 6. Miscellaneous. Here again, Melbourne is less expensive, coming in at 98.7, also less than the national amount.
Overall, Melbourne scores 97, which is below the countrywide cost of living and also below the statewide cost of living, which scores 101.5.
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