10 Best Places to Retire in Florida on A Budget

6. Sebastian – Vero Beach

The overall cost of living is at 4 percent below the national average here too. That’s great news since this is such a nice area to live in, with so many areas where you can kick back and relax. According to data coming from The Economic Policy Institute, The Bureau of Labor Statistics and the Council for Community and Economic Research, there are several departments where those who live in the Sebastian – Vero Beach area are luckier than others. For instance, the cost of transportation sits 6 points below the national average, while the taxes are 27 percent lower than in other areas.

On the other hand, the cost of healthcare is 3 percent above the average, while housing costs are 5 percent over this median point. The average home price in Sebastian is at a little over $128,000, while the median price in Vero Beach is a bit lower, at $123,000. Overall, in the metro area the median home price is a bit higher, sitting at over $132,000.