Cost of Living in Tavernier, FL

With a cost of living index of 142, Tavernier, FL is one of the most expensive cities in the United States. Living here is 42% more expensive than the national average and 32% above the Florida state average of 110. Tavernier is a small community of 2,179 residents.

Housing costs are the biggest factor in Tavernier's cost of living. The median monthly rent is $1,880 (43% above the US median of $1,319), and the median home value sits at $602,100 (97% above the national median of $304,900). At current prices, the median home costs roughly 12x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Tavernier is $50,267, which is 33% lower than the national median of $75,149. Residents spend roughly 45% of household income on rent. This is well above the 30% affordability threshold, indicating a significant housing cost burden for many residents.

Climate is another factor for anyone considering a move to Tavernier. The area sees an average annual temperature of 78.8°F, with summers averaging 85°F and winters around 72°F. Annual rainfall totals 39.7 inches spread over roughly 112 days.

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.