Cost of Living in Homestead Base, FL

With a cost of living index of 104, Homestead Base, FL is somewhat more expensive than average. Living here is 4% more expensive than the national average and 6% below the Florida state average of 110. Homestead Base is a small community of 1,334 residents.

The median household income in Homestead Base is $9,960, which is 87% lower than the national median of $75,149.

Climate is another factor for anyone considering a move to Homestead Base. The area sees an average annual temperature of 76.2°F, with summers averaging 83°F and winters around 68°F. Annual rainfall totals 56.1 inches spread over roughly 149 days.

Everyday prices in the Miami-Fort Lauderdale-West Palm Beach, FL (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 5 are priced higher 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.