Fort Myers Beach, FL Cost Of Living
Cost Of Living In Fort Myers Beach, FL Summary
Cost of living in Fort Myers Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Fort Myers Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Fort Myers Beach is 126, with 100 being the average.
The cost of living index in Fort Myers Beach is 1.3x higher than the national average.
Fort Myers Beach ranks as the #429 cheapest in Florida out of 459.
Fort Myers Beach ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Fort Myers Beach is $465,900.
The median income in Fort Myers Beach is $76,888.
Table Of Contents
Fort Myers Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Fort Myers Beach, FL?
According to the most recent data on the cost of living, Fort Myers Beach has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Florida, Fort Myers Beach has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Fort Myers Beach ranks as #429 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Myers Beach ranks as the #30 most expensive place in the Sunshine State.
For more reading on life in Fort Myers Beach, check out:
- Living In Fort Myers Beach
- Search Homes For Sale In Fort Myers Beach, FL
In Florida
In America
Fort Myers Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Fort Myers Beach. Here is how it fairs on each of the criteria:
The Services index in Fort Myers Beach is 108.
The Groceries index in Fort Myers Beach is 101.
The Health index in Fort Myers Beach is 108.
The Housing index in Fort Myers Beach is 171.
The Transportation index in Fort Myers Beach is 113.
The Utilities index in Fort Myers Beach is 98.
| Living Expense | Fort Myers Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 126 | 101 | 100 | |
| Services | 108 | 98 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 171 | 108 | 100 | |
| Transportation | 113 | 98 | 100 | |
| Utilities | 98 | 100 | 100 | |
Fort Myers Beach, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Fort Myers Beach is $465,900.
The Median Rent in Fort Myers Beach is $1,733.
The Median Income in Fort Myers Beach is $76,888.
The Home Value To Income in Fort Myers Beach is 6.1x.
The Rent To Monthly Income in Fort Myers Beach is 0.27x.
| Statistic | Fort Myers Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $465,900 | $248,700 | $244,900 |
| Median Rent | $1,733 | $1,301 | $1,163 |
| Median Income | $76,888 | $61,777 | $69,021 |
| Home Value To Income | 6.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.27x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Fort Myers Beach, FL Costs By Category
Detailed Fort Myers Beach Services Costs Vs. Florida
| Item | Fort Myers Beach | Florida |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.88 | $10.68 |
| Bowling | $19.12 | $14.67 |
| Haircut | $21.52 | $18.62 |
| Beauty Salon | $33.41 | $39.05 |
Detailed Fort Myers Beach Groceries Costs Vs. Florida
| Item | Fort Myers Beach | Florida |
|---|---|---|
| Ground Beef | $4.42 | $4.22 |
| Fried Chicken | $1.92 | $1.39 |
| Milk | $2.4 | $2.05 |
| Potatoes | $3.3 | $3.29 |
| Pizza | $12.0 | $10.62 |
| Beer | $9.7 | $9.38 |
| Toothpaste | $2.31 | $2.34 |
Detailed Fort Myers Beach Health Costs Vs. Florida
| Item | Fort Myers Beach | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed Fort Myers Beach Transportation Costs Vs. Florida
| Item | Fort Myers Beach | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed Fort Myers Beach Utilities Costs Vs. Florida
| Item | Fort Myers Beach | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
Fort Myers Beach SnackAbility
/10
Cost Of Living In Cities Around Fort Myers Beach
The cost of living varies in the cities and towns around Fort Myers Beach. Here's a quick look at the cost of living in the most populous nearby places:
Cape Coral, FL has a cost of living index of 105, 0.8x Fort Myers Beach.
Fort Myers, FL has a cost of living index of 100, 0.8x Fort Myers Beach.
Bonita Springs, FL has a cost of living index of 113, 0.9x Fort Myers Beach.
| City | Population | Cost Of Living | Vs. Fort Myers Beach |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 0.8x |
| Fort Myers, FL | 84,694 | 100 | 0.8x |
| Bonita Springs, FL | 53,017 | 113 | 0.9x |
| San Carlos Park, FL | 18,590 | 99 | 0.8x |
| Villas, FL | 13,764 | 97 | 0.8x |
| Iona, FL | 13,160 | 108 | 0.9x |
| Cypress Lake, FL | 12,334 | 97 | 0.8x |
| McGregor, FL | 7,924 | 114 | 0.9x |
| Whiskey Creek, FL | 5,261 | 105 | 0.8x |
| Three Oaks, FL | 5,158 | 110 | 0.9x |
