Cost of Living in Sebastian, FL

With a cost of living index of 100, Sebastian, FL is right around the national average in cost. Living here is 0% more expensive than the national average and 10% below the Florida state average of 110. With a population of 25,759, Sebastian is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in Sebastian's cost of living. The median monthly rent is $1,414 (7% above the US median of $1,319), and the median home value sits at $281,700 (8% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Sebastian is $68,863, which is 8% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Sebastian. The area sees an average annual temperature of 73.6°F, with summers averaging 82°F and winters around 65°F. Annual rainfall totals 53.2 inches spread over roughly 125 days.

Everyday prices in the Sebastian-Vero Beach-West Vero Corridor, 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.