Cost of Living in Madeira Beach, FL

With a cost of living index of 156, Madeira Beach, FL is one of the most expensive cities in the United States. Living here is 56% more expensive than the national average and 46% above the Florida state average of 110. Madeira Beach is a small community of 3,937 residents.

Housing costs are the biggest factor in Madeira Beach's cost of living. The median monthly rent is $2,080 (58% above the US median of $1,319), and the median home value sits at $696,400 (128% above the national median of $304,900). At current prices, the median home costs roughly 8.7x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Madeira Beach is $79,798, which is 6% higher than the national median of $75,149. Residents spend roughly 31% 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 Madeira Beach. The area sees an average annual temperature of 73.9°F, with summers averaging 83°F and winters around 63°F. Annual rainfall totals 53.6 inches spread over roughly 119 days.

Everyday prices in the Tampa-St. Petersburg-Clearwater, 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.