Fort Myers Shores, FL Cost Of Living
Cost Of Living In Fort Myers Shores, FL Summary
Cost of living in Fort Myers Shores 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 Shores 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 Shores is 98, with 100 being the average.
The cost of living index in Fort Myers Shores is 1.0x lower than the national average.
Fort Myers Shores ranks as the #218 cheapest in Florida out of 459.
Fort Myers Shores ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Fort Myers Shores is $176,800.
The median income in Fort Myers Shores is $60,536.
Table Of Contents
Fort Myers Shores's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Fort Myers Shores, FL?
According to the most recent data on the cost of living, Fort Myers Shores has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Florida, Fort Myers Shores has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Fort Myers Shores ranks as #218 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Myers Shores ranks as the #241 most expensive place in the Sunshine State.
For more reading on life in Fort Myers Shores, check out:
- Living In Fort Myers Shores
- Search Homes For Sale In Fort Myers Shores, FL
In Florida
In America
Fort Myers Shores Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Fort Myers Shores. Here is how it fairs on each of the criteria:
The Services index in Fort Myers Shores is 106.
The Groceries index in Fort Myers Shores is 100.
The Health index in Fort Myers Shores is 107.
The Housing index in Fort Myers Shores is 74.
The Transportation index in Fort Myers Shores is 113.
The Utilities index in Fort Myers Shores is 99.
| Living Expense | Fort Myers Shores | Florida | National Average | |
|---|---|---|---|---|
| Overall | 98 | 101 | 100 | |
| Services | 106 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 107 | 96 | 100 | |
| Housing | 74 | 108 | 100 | |
| Transportation | 113 | 98 | 100 | |
| Utilities | 99 | 100 | 100 | |
Fort Myers Shores, 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 Shores is $176,800.
The Median Rent in Fort Myers Shores is $1,300.
The Median Income in Fort Myers Shores is $60,536.
The Home Value To Income in Fort Myers Shores is 2.9x.
The Rent To Monthly Income in Fort Myers Shores is 0.26x.
| Statistic | Fort Myers Shores | Florida | United States |
|---|---|---|---|
| Median Home Value | $176,800 | $248,700 | $244,900 |
| Median Rent | $1,300 | $1,301 | $1,163 |
| Median Income | $60,536 | $61,777 | $69,021 |
| Home Value To Income | 2.9x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Fort Myers Shores, FL Costs By Category
Detailed Fort Myers Shores Services Costs Vs. Florida
| Item | Fort Myers Shores | 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 Shores Groceries Costs Vs. Florida
| Item | Fort Myers Shores | 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 Shores Health Costs Vs. Florida
| Item | Fort Myers Shores | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed Fort Myers Shores Transportation Costs Vs. Florida
| Item | Fort Myers Shores | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed Fort Myers Shores Utilities Costs Vs. Florida
| Item | Fort Myers Shores | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
Fort Myers Shores SnackAbility
/10
Cost Of Living In Cities Around Fort Myers Shores
The cost of living varies in the cities and towns around Fort Myers Shores. 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, 1.1x Fort Myers Shores.
Lehigh Acres, FL has a cost of living index of 96, 1.0x Fort Myers Shores.
Fort Myers, FL has a cost of living index of 100, 1.0x Fort Myers Shores.
| City | Population | Cost Of Living | Vs. Fort Myers Shores |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 1.1x |
| Lehigh Acres, FL | 123,751 | 96 | 1.0x |
| Fort Myers, FL | 84,694 | 100 | 1.0x |
| North Fort Myers, FL | 41,551 | 87 | 0.9x |
| San Carlos Park, FL | 18,590 | 99 | 1.0x |
| Villas, FL | 13,764 | 97 | 1.0x |
| Iona, FL | 13,160 | 108 | 1.1x |
| Cypress Lake, FL | 12,334 | 97 | 1.0x |
| Gateway, FL | 10,772 | 118 | 1.2x |
| Tice, FL | 5,200 | 89 | 0.9x |
