Housing
Older neighborhoods west and east of US-1 generally cost less. Newer communities in Tradition, St. Lucie West, and Southern Grove cost more, and many come with CDD fees.
Living in Port St. Lucie
Cost of Living in Port St. Lucie, FL
Port St. Lucie is one of the most affordable places to live on Florida's east coast, especially compared with Palm Beach County to the south. Here's what it actually costs to live here, from people who live and work on the Treasure Coast.
Property Taxes
- Your first full-year tax bill is based on your purchase price, not what the seller was paying
- The homestead exemption takes up to $51,411 off your taxable value if you live here full time
CDD Fees
Many newer communities have a Community Development District (CDD) fee on the property tax bill, often $1,300 to $4,200 or more a year. It pays for roads, utilities, and amenities in the community. Always ask about the CDD before you buy.
HOA Fees
- Older neighborhoods: often no HOA
Homeowners Insurance
Insurance depends on the home's age, roof, and hurricane features. Newer homes and homes with a good wind mitigation report cost much less to insure. Older homes may need a 4-point inspection.
Utilities
- Electric: Florida Power & Light (FPL)
- Water and sewer: Port St. Lucie Utility Systems for most of the city
No State Income Tax
Florida has no state income tax, which can save thousands a year for people moving from states like New York, New Jersey, or Massachusetts.
Frequently Asked Questions
Is Port St. Lucie expensive to live in?
Compared with South Florida, no. Home prices are well below Palm Beach County, and there's no state income tax. Insurance and CDD fees are the costs to watch.
Are property taxes high in Port St. Lucie?
They're in line with the rest of the Treasure Coast. The homestead exemption and Save Our Homes cap help a lot for full-time residents.
Talk to Peter and Kate.
Peter White & Kate Ward | REMAX Gold