Cost of Living in Asbury Lake, FL

With a cost of living index of 125, Asbury Lake, FL is a notably expensive place to live. Living here is 25% more expensive than the national average and 15% above the Florida state average of 110. Asbury Lake is a smaller community of 13,465 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Asbury Lake's cost of living. The median monthly rent is $2,189 (66% above the US median of $1,319), and the median home value sits at $293,000 (4% below the national median of $304,900). At current prices, the median home costs roughly 2.9x the median household income — well within traditional affordability guidelines.

The median household income in Asbury Lake is $100,681, which is 34% higher than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. While incomes are above average, they more than offset the higher cost of living.

Everyday prices in the Jacksonville, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.