Cost of Living in Bellair-Meadowbrook Terrace, FL

With a cost of living index of 95, Bellair-Meadowbrook Terrace, FL is slightly more affordable than average. Living here is 5% cheaper than the national average and 15% below the Florida state average of 110. Bellair-Meadowbrook Terrace is a smaller community of 13,887 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Bellair-Meadowbrook Terrace's cost of living. The median monthly rent is $1,395 (6% above the US median of $1,319), and the median home value sits at $218,700 (28% below the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Bellair-Meadowbrook Terrace is $56,887, which is 24% lower than the national median of $75,149. Residents spend roughly 29% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

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.