DegreeCalc

College Costs in Melbourne, FL 2026

Compare tuition, housing, and financial aid across 4 colleges in Melbourne, Florida. Use our free calculator to estimate your total cost.

Avg Public Tuition

$6,400

per year

Avg Private Tuition

$30,000

per year

Avg Rent Near Campus

$885

per month

Colleges & Universities

4

institutions

Melbourne Overview

Population

85,285

Student Population

4,859 (5.7%)

Cost of Living Index

98.5 (avg: 100)

Walk Score

57/100

Transit Score

23/100

Unemployment Rate

3.6%

College Cost Calculator for Melbourne

Cost Inputs

Total Cost (4 Years, Public In-State)

$79,040

Total After Financial Aid

$79,040

Annual Cost

$19,760

Annual After Aid

$19,760

Cost Breakdown (4 Years)

Tuition$25,600
Room & Board$53,440

If Financed (10-Year Loan at 6.5%)

Loan Amount$79,040
Monthly Payment$897
Total Interest$28,658
Total Loan Cost$107,698

Universities in Melbourne

UniversityTypeAnnual Tuition
Melbourne State UniversityPublic$6,084
Melbourne Community CollegeCommunity$5,492

Melbourne has 4 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Melbourne vs. National Average

CategoryMelbourneNational AvgDifference
Public Tuition (In-State)$6,400$10,940-$4,540
Monthly Rent Near Campus$885$1,050-$165
Cost of Living Index98.5100-1.5

Melbourne's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Melbourne

57

Walk Score

Somewhat Walkable

23

Transit Score

Minimal Transit

5.7%

Student Population

4,859 students

Melbourne has a total population of 85,285, with approximately 4,859 college students (5.7% of the population). While not primarily a college town, Melbourne offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Melbourne

$26,607

Starting Salary

3.6%

Unemployment Rate

74%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Melbourne earn a median starting salary of $26,607, which is -$8,393 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $79,040 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $8,512 per student per year, the net cost and payback period can be significantly reduced.

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