salaryRent is lower than in 70% of U.S. cities. A typical house costs about 3.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $51,480 a year. That is $25 an hour at a full-time job.
Is rent cheaper than other Florida cities?
Yes. Rent here is cheaper than in most of Florida. It is number 46 of 479 cities from cheapest to most expensive.
How much do households earn in Cocoa?
Share of households by yearly income. 20.7% of households earn $100,000 or more.
Rent by apartment size in Cocoa
| Size | Cocoa | U.S. average |
|---|---|---|
| Studio | $1,028 | $1,338 |
| 1 bedroom | $993 | $1,324 |
| 2 bedrooms | $1,224 | $1,509 |
| 3 bedrooms | $1,796 | $1,698 |
| 4 bedrooms | $1,933 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Cocoa overall?
Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cocoa, so the Florida figure is shown.
Taxes and bills in Cocoa
Life in Cocoa
Is it cheaper to rent or buy in Cocoa?
Renting is cheaper right now: about $421 a month less.
Owning assumes a typical $246,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,610 for the down payment.
Frequently asked questions
What is the average rent in Cocoa, FL?
Renting in Cocoa costs a median of about $1,287 a month in 2026, including utilities. The Florida median is $1,963.
How much do I need to make to live in Cocoa?
To keep rent under 30% of income, you need about $51,480 a year, or $25 an hour at a full-time job.
Is Cocoa cheap or expensive?
Cocoa is rated OK: rent takes 22.7% of the typical household income of $68,059. It ranks 46th cheapest of 479 Florida cities we track.
How much are property taxes in Cocoa?
The median homeowner in Cocoa pays $1,645 a year in property taxes, about 0.67% of the median home value.
Is Cocoa more expensive than the national average?
Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Cocoa?
The median home value in Cocoa is $246,100, about 3.6 times the typical yearly household income.
19,554 people live in Cocoa. Numbers are typical (middle) values.