Cost of Living in Homestead, FL
Overall index: 97 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 100 | +0% | $1,133 |
| Transportation | 100 | +0% | $3.50 |
| Food | 83 | -17% | $340 |
| Utilities | 100 | +0% | $180 |
| Healthcare | 100 | +0% | $130 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Homestead?
A single adult living comfortably in Homestead, FL needs approximately $33,950 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Homestead, FL?
The overall cost of living in Homestead, FL is 3% lower than the US national average (index: 97 where 100 = national average).
How much is rent in Homestead, FL?
Average rent for a 1-bedroom apartment in Homestead, FL is about $1,133/month.
Is Homestead, FL expensive to live in?
Costs in Homestead, FL are roughly in line with the national average.
What salary do I need to live in Homestead, FL?
A single adult needs roughly $33,950/year to cover basic living costs in Homestead, FL.