Cost of Living in Patrick AFB, FL

With a cost of living index of 120, Patrick AFB, FL is a notably expensive place to live. Living here is 20% more expensive than the national average and 9% above the Florida state average of 110. Patrick AFB is a small community of 1,606 residents.

The median household income in Patrick AFB is $82,829, which is 10% higher than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Patrick AFB. The area sees an average annual temperature of 73.1°F, with summers averaging 81°F and winters around 63°F. Annual rainfall totals 50.8 inches spread over roughly 120 days.

Everyday prices in the Palm Bay-Melbourne-Titusville, 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.