5 Florida Cities That Are Getting Too Expensive for Retirees

4. Pinecrest

Insider Monkey Score: 38    

Median Home Price: $2,300,000     

1-Year Percentage Change: 4.5%

5-Year Percentage Change: 68.5%

Cost of Living Index: 118.9

Pinecrest has undergone a notable transformation, evolving into an upscale destination that comes with a hefty price tag for retirees. The current median home price of $2,300,000 reflects a 4.5% increase in the past year and a remarkable 68.5% surge over the last five years. With a Cost of Living Index standing at 118.9, it’s evident that the overall living expenses in Pinecrest have risen considerably. This index reflects living expenses that are 18.9% higher than the national average.