Cost of Living

 

 

Florida ranks among the best states in the nation for reasonable cost of living. While taxes are low throughout the State, Indian River County has some of the lowest tax rates in Florida.  Further, homestead exemptions are available and can be expanded with senior discounts, making the tax burden extremely reasonable. Beyond, property taxes, Floridians also enjoy no state income or state inheritance taxes. For more information on taxes, see our tax section.

 

Utility costs are also competitive when compared to costs in the northeast. With mild winters and a pleasant climate, heating costs are practically nonexistent, making our electric costs one of the lowest nationwide.