Cost of Living in Sewall's Point, FL

With a cost of living index of 211, Sewall's Point, FL is one of the most expensive cities in the United States. Living here is 111% more expensive than the national average and 101% above the Florida state average of 110. Sewall's Point is a small community of 1,961 residents.

Housing costs are the biggest factor in Sewall's Point's cost of living. The median monthly rent is $2,688 (104% above the US median of $1,319), and the median home value sits at $1,143,200 (275% above the national median of $304,900). At current prices, the median home costs roughly 9.1x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Sewall's Point is $126,268, which is 68% higher than the national median of $75,149. Residents spend roughly 26% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Sewall's Point. 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.