Cost of Living in Montura, FL

With a cost of living index of 83, Montura, FL is a very affordable place to live. Living here is 17% cheaper than the national average and 27% below the Florida state average of 110. Montura is a small community of 3,678 residents.

Housing costs are the biggest factor in Montura's cost of living. The median monthly rent is $1,094 (17% below the US median of $1,319), and the median home value sits at $126,400 (59% 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 Montura is $33,438, which is 56% lower than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Montura. The area sees an average annual temperature of 72.8°F, with summers averaging 81°F and winters around 64°F. Annual rainfall totals 52.3 inches spread over roughly 122 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.