Can A Bus Driver Afford Rent in Cocoa Beach, FL?

Rent-burdened — rent takes 57.1% of gross income.

Cocoa Beach rent: July 2026. Salary: BLS OEWS May 2024 (Florida state estimate).

Cocoa Beach median rent
$2,292/mo
Bus Driver salary (Florida)
$48,193/yr
Rent as % of income
57.1%
Gross monthly income works out to about $4,016, and the 30% rule supports up to $1,205/mo in rent. Cocoa Beach's median rent of $2,292 exceeds that threshold by $1,087/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 98.9 hours a month to cover that rent.

About rent and a bus driver salary

Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.

Cheaper rent nearby

These Florida cities have lower median rent than Cocoa Beach, which improves the affordability math on a bus driver salary:

Coconut Creek, FL
$2,291/mo (57% of income)
North Miami Beach, FL
$2,291/mo (57% of income)
Pompano Beach, FL
$2,291/mo (57% of income)

Compare with full rent data for Cocoa Beach

View full rent data for Cocoa Beach, FL

Frequently asked questions

Can a bus driver afford rent in Cocoa Beach, FL?

Median rent in Cocoa Beach is $2,292 a month. A typical bus driver in Florida earns about $48,193 a year, which makes that rent 57.1% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a bus driver afford in Cocoa Beach?

Using the 30% rule, a bus driver salary in Florida (~$48,193/yr) supports up to $1,205 a month in rent. Cocoa Beach's current median rent is $2,292/mo, which is $1,087/mo over the affordability threshold.

How many hours does a bus driver work to cover rent in Cocoa Beach?

At an hourly equivalent of about $23 an hour, a bus driver in Florida works roughly 98.9 hours a month to cover Cocoa Beach's median rent of $2,292.

Where is rent cheaper than Cocoa Beach for a bus driver?

Nearby Florida cities with lower median rent include Coconut Creek ($2,291/mo), North Miami Beach ($2,291/mo), Pompano Beach ($2,291/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Florida state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Cocoa Beach, FL. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.