States › Florida › Pelican Bay

Is Pelican Bay, FL expensive to live in?

OKRent takes 24 cents of every $1 people earn here.
🏠 Rent per month (2026)$3,599105% higher than U.S. average
💵 Families earn per year (2026)$176,356about $14,696/month · 103% higher than U.S. average
🔑 House price$1,287,900287% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 7.3 years of household income, so buying is hard for most locals. Commutes are short, about 18.6 minutes. Most homes (94.5%) are owned, so rentals can be hard to find. It is a highly educated city: 73% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $143,960 a year. That is $69 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 479 of 479 cities from cheapest to most expensive.

Pelican Bay
$3,599
Three Oaks
$2,367
Tequesta
$1,949
Lauderdale-by-the-Sea
$2,917
Orangetree
$1,472
Rainbow Springs
$1,170
Zephyrhills West
$1,186

How much do households earn in Pelican Bay?

Under $25k
4.3%
$25k–50k
10.9%
$50k–100k
19.1%
$100k–150k
17.0%
$150k+
42.9%

Share of households by yearly income. 59.9% of households earn $100,000 or more.

How expensive is Pelican Bay overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Pelican Bay, so the Florida figure is shown.

Taxes and bills in Pelican Bay

🏛️ Property tax$8,943a year · 0.69% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Pelican Bay

Commute to work18.6 minU.S.: 26.4 min
College degree73%U.S.: 35.7%
Own their home94.5%U.S.: 65.2%
Below poverty line7.7%U.S.: 12.5%
Unemployment8.3%U.S.: 5.2%

Is it cheaper to rent or buy in Pelican Bay?

Renting is cheaper right now: about $5,337 a month less.

Renting
$3,599
Owning
$8,936

Owning assumes a typical $1,287,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $128,790 for the down payment.

Frequently asked questions

What is the average rent in Pelican Bay, FL?

Renting in Pelican Bay costs a median of about $3,599 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Pelican Bay?

To keep rent under 30% of income, you need about $143,960 a year, or $69 an hour at a full-time job.

Is Pelican Bay cheap or expensive?

Pelican Bay is rated OK: rent takes 24.5% of the typical household income of $176,356. It ranks 479th cheapest of 479 Florida cities we track.

How much are property taxes in Pelican Bay?

The median homeowner in Pelican Bay pays $8,943 a year in property taxes, about 0.69% of the median home value.

Is Pelican Bay 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 Pelican Bay?

The median home value in Pelican Bay is $1,287,900, about 7.3 times the typical yearly household income.

6,159 people live in Pelican Bay. Numbers are typical (middle) values.