Cost-of-Living Survey Results

Aug. 30, 2017

The results for the ACCRA Cost-of-Living 2nd quarter survey show Indian River County’s Composite Index is nearly equal to the National Average. Among the 253 urban areas participating in the April 2017 survey, the after-tax cost for a professional/managerial standard of living ranged from more than twice the national average in New York (Manhattan) to more than 20 percent below the national average in McAllen, Texas.  Indian River County’s Composite Index measured 100.1, about equal to the national average of 100.0.

The Indian River County Chamber of Commerce has conducted the Cost of Living surveys since 1996 with assistance from Chamber volunteers. The Vero Beach-Sebastian area was one of 10 Florida communities to participate in the survey, and the only community in our region to do so. National results are published quarterly by C2ER – The Council for Community and Economic Research. The quarterly Cost of Living Index is available by subscription.

Click here for the full media release.