Best Places to Live in Vero Beach, Florida

April 11, 2025

9 minutes

Vero Beach, a gem on Florida’s Treasure Coast, boasts pristine white-sand beaches, lush natural sanctuaries, and a vibrant mix of arts, culture, and coastal charm. Its laid-back atmosphere and stunning scenery make it a sought-after destination for those craving a peaceful yet engaging lifestyle. However, as more people discover its appeal, rising home prices and a growing population present challenge for newcomers.

By 2025, Vero Beach is expected to reach a population of 17,787, growing at 1.4% annually. The median household income is approximately $67,351. The city is known for its laid-back lifestyle, featuring a mix of affordability and quality of life, with a median home value of about $368,822. It provides a peaceful environment suitable for families and retirees.

Considering buying, renting, or moving to Vero Beach? This guide covers neighborhoods, cost of living, quality of life, and housing market trends to help you decide if it's the right place for you.

Neighborhood Analysis for Vero Beach, Florida

Choosing the right neighborhood in Vero Beach depends on your lifestyle, budget, and personal needs. Some areas are great for families, while others are better for retirees or young professionals. Let’s break down some of the best places to live in Vero Beach:

1. Central Beach – Best for Beach Lovers & Walkability

  • Vibe: Charming, coastal, and walkable
  • Home Prices: Higher than average ($700K+ for a single-family home)
  • Amenities: Shops, restaurants, Vero Beach Museum of Art, and the beach
  • Who Lives Here? Retirees, professionals, and families
  • Commute & Transportation: Very walkable; biking and driving are common
  • Safety: Very safe, with a strong community feel
🔹 Why Live Here? If you want to wake up near the beach, walk to coffee shops, and enjoy a laid-back yet upscale lifestyle, this is the perfect spot. However, home prices are high due to its popularity.

2. Vero Beach South – Best for Affordability & Suburban Living

  • Vibe: Quiet, family-friendly, and affordable
  • Home Prices: Lower than the Vero Beach average ($350K - $500K)
  • Amenities: Parks, shopping centers, good schools
  • Who Lives Here? Families, young professionals, retirees
  • Commute & Transportation: Easy driving; public transport is limited
  • Safety: Safe, but varies by neighborhood
🔹 Why Live Here? If you want a safe, suburban environment with more affordable home prices, Vero Beach South is a great choice. It’s close to everything but without the high beachfront prices.

3. Grand Harbor – Best for Luxury & Resort-Style Living

  • Vibe: Exclusive, high-end, and full of amenities
  • Home Prices: Expensive ($600K+ for homes, $400K+ for condos)
  • Amenities: Golf courses, tennis courts, marina, fine dining
  • Who Lives Here? Retirees and wealthy professionals
  • Commute & Transportation: Private, gated community with easy access to main roads
  • Safety: Extremely safe, with 24/7 security
🔹 Why Live Here? If you want a gated, luxury community with access to golf, tennis, and social events, Grand Harbor is a top choice. It’s one of the safest and most exclusive neighborhoods in Vero Beach.

4. Gifford – Best for Budget Buyers & Local Culture

  • Vibe: Historic, community-driven, and up-and-coming
  • Home Prices: More affordable ($250K - $350K)
  • Amenities: Parks, community centers, small businesses
  • Who Lives Here? Long-time residents, families, first-time buyers
  • Commute & Transportation: Easy driving, some bus routes
  • Safety: Varies; some areas have higher crime rates
🔹 Why Live Here? If you’re looking for an affordable home with a strong local culture, Gifford could be a good option. Some areas are still developing, so it’s important to research specific streets before buying.

Which Neighborhood is Right for You?

✅ Want to live by the beach? → Central Beach

✅ Looking for affordable family-friendly homes? → Vero Beach South

✅ Prefer a gated, luxury community? → Grand Harbor

✅ Need a budget-friendly option?Gifford

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Cost of Living in Vero Beach, Florida

Living in Vero Beach is more affordable than many other Florida coastal cities, but some costs like housing and utilities are slightly above the national average. Let’s break down the main expenses so you can plan your budget before moving.

1. Housing Costs

Buying a Home:

The median home price in Vero Beach is $349,200, which is higher than the U.S. average ($338,100). Prices vary by neighborhood:

  • Central Beach: Expensive ($700K+ for a single-family home)
  • Vero Beach South: More affordable ($350K - $500K)
  • Gifford: Budget-friendly ($250K - $350K)

Renting:

If you prefer to rent, here’s what you can expect to pay:

  • One-bedroom apartment: $1,200 - $1,500 per month
  • Two-bedroom apartment: Around $1,380 per month, which is lower than the national average ($1,430)
What This Means: Housing is affordable compared to bigger Florida cities like Miami or Orlando, but prices are rising due to demand.

2. Utilities & Bills

  • Energy Bills: Electricity costs are about 19% higher than the national average due to Florida’s warm climate (AC runs almost year-round).
  • Water & Sewer: Costs are average, with most households paying around $70 - $100 per month.
  • Internet & Cable: Expect to pay $50 - $100 per month, depending on the provider and speed.
🔹 What This Means: Utilities in Vero Beach can be pricey, especially electricity during the hot summer months.

3. Food & Groceries

Grocery prices are about 6% higher than the national average, with common items costing:

  • Milk (1 gallon): $4.00
  • Bread (loaf): $3.50
  • Eggs (dozen): $4.50
  • Chicken (per pound): $5.00
🔹 What This Means: Grocery costs are higher than in some inland cities, but not as expensive as in South Florida.

4. Healthcare Costs

  • Good News: Healthcare in Vero Beach is 22.7% cheaper than the national average.
  • Doctor Visit: Around $100 - $150 per visit (before insurance).
  • Prescription Medication: Costs are similar to national averages.
🔹 What This Means: Healthcare is affordable in Vero Beach, making it a great option for retirees or families looking to save on medical expenses.

5. Transportation Costs

  • Gas Prices: Around $3.36 per gallon, slightly above the national average.
  • Car Insurance: Around $1,500 - $2,000 per year, which is common in Florida.
  • Public Transportation: Limited; most people need a car to get around.
🔹 What This Means: Owning a car is necessary, and gas prices are a bit higher than in other states.

6. Entertainment & Extras

  • Dining Out: A meal at an average restaurant cost $15 - $20 per person, while a nice dinner for two can cost $50 - $80.
  • Movies & Events: A movie ticket costs around $12, and concerts or theater shows vary in price.
  • Outdoor Activities: Many parks and beaches are free, but golf courses and private clubs charge membership fees.
🔹 What This Means: There are plenty of free activities, but dining and entertainment are moderately priced.

Quality of Life in Vero Beach, Florida

Vero Beach is a great place to live because it offers beautiful weather, affordable living, and a strong sense of community. Whether you're retiring, raising a family, or looking for a relaxed coastal lifestyle, this small city has a lot to offer. Here’s what makes life in Vero Beach enjoyable:

1. Weather & Environment

  • Warm & Sunny Year-Round: Vero Beach gets over 230 sunny days a year, making it perfect for beach lovers and outdoor activities.
  • Clean Air & Nature: The city has good air quality, and places like Pelican Island National Wildlife Refuge offer lots of green space for hiking, birdwatching, and enjoying nature.

2. Healthcare Access

  • Good Medical Services: Vero Beach is home to Cleveland Clinic Indian River Hospital, known for high-quality healthcare. There are also many specialists, urgent care centers, and retirement-friendly medical facilities.
  • Affordable Healthcare: The cost of medical care is lower than in many other Florida cities, which is a big plus for retirees and families.

3. Education & Schools

  • Great Schools: The Indian River County School District has top-rated public and private schools, making it a good place for families with kids.
  • College & Career Opportunities: Indian River State College provides higher education and job training programs, helping young people and professionals grow their careers.

4. Traffic & Transportation

  • Easy Driving & Short Commutes: Traffic is light, and most people can get anywhere in the city in 20 minutes or less.
  • Limited Public Transport: Vero Beach doesn’t have many buses or trains, so having a car is the best way to get around.

5. Jobs & Economy

  • Growing Job Market: The healthcare, tourism, and retail industries are strong in Vero Beach. Job growth is expected to increase by 38% over the next 10 years.
  • Lower Salaries, But Affordable Living: The average income is about $56,000 per year, which is lower than the Florida average but the cost of living is also lower, so it balances out.

6. Community & Activities

  • Arts & Culture: There are many local theaters, museums, and art galleries, like the Vero Beach Museum of Art and Riverside Theatre.
  • Festivals & Events: The city has regular farmers’ markets, outdoor concerts, and seasonal festivals that bring the community together.
  • Outdoor Fun: From golf courses and fishing spots to beachfront parks and boat marinas, there’s no shortage of things to do outside.

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Vero Beach has seen steady growth in its real estate market, influenced by retirees, remote workers, and second-home buyers.

  • Median Home Price: As of 2024, the median home price is $349,200, reflecting a 9% increase from the previous year.
  • Market Type: The market is currently balanced, meaning both buyers and sellers have negotiation power. Homes in desirable neighborhoods tend to sell within 30-45 days.
  • Inventory: There has been a 10% increase in available listings, giving buyers more options compared to the tight market of 2022-2023.
  • For Buyers: With more homes on the market, buyers have more room to negotiate. Mortgage rates remain higher than in previous years, but some lenders are offering rate buydown programs to attract buyers.
  • For Sellers: Well-maintained properties in prime locations, such as Central Beach and Grand Harbor, are still selling above asking price. However, price reductions are becoming more common, especially for homes that need upgrades.

Best Time to Buy a Home in Vero Beach

  • Spring & Summer: Higher competition, but more inventory to choose from.
  • Fall & Winter: Less competition, and sellers may be more willing to negotiate.

Final Thoughts: Is Vero Beach Affordable?

Deciding whether Vero Beach is the right place for you depends on your budget and lifestyle. Before making your move, ask yourself:

✅ Can I afford the cost of living? Housing and utilities are slightly above average, but healthcare and rent are affordable.

✅ Will I need to own a car? Public transportation is limited, so most residents rely on personal vehicles.

✅ Does the slower, coastal lifestyle fit my needs? Vero Beach is great for those who love beachfront living, outdoor activities, and a relaxed pace.

✅ Am I prepared for Florida’s hot climate and higher electricity bills? Air conditioning is a must, so utility costs are something to consider.

Need More Help?

Compare different neighborhoods, visit the area, and talk to local real estate experts to see if Vero Beach fits your lifestyle. Your ideal home might be closer than you think start your search today with reAlpha!

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Because moving into your dream home should feel just as good as living in it.

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Article by

DA
Daniel Ares

As a great communicator with excellent negotiation skills, I focus more on establishing unbreakable ties between my clients, as opposed to just helping them achieve their real estate dreams. As a representative of both buyers and sellers, I understand how to lead a transaction process to ensure that the needs of both are met. My track record speaks for itself. Since I ventured into the industry in 2013 as a realtor, I have not only helped many buyers land perfect homes, but I have also assisted tons of owners and investors build wealth.