Cost of Living in Hutchinson Island South, FL

With a cost of living index of 121, Hutchinson Island South, FL is a notably expensive place to live. Living here is 21% more expensive than the national average and 10% above the Florida state average of 110. Hutchinson Island South is a small community of 4,350 residents.

Housing costs are the biggest factor in Hutchinson Island South's cost of living. The median monthly rent is $1,818 (38% above the US median of $1,319), and the median home value sits at $362,100 (19% above the national median of $304,900). At current prices, the median home costs roughly 5.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Hutchinson Island South is $61,422, which is 18% lower than the national median of $75,149. Residents spend roughly 36% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Hutchinson Island South. The area sees an average annual temperature of 73.1°F, with summers averaging 81°F and winters around 64°F. Annual rainfall totals 51.2 inches spread over roughly 133 days.

Everyday prices in the Port St. Lucie, 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.