Cost of living in Iona 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 Iona 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 Iona is 108, with 100 being the average.
The cost of living index in Iona is 1.1x higher than the national average.
Iona ranks as the #339 cheapest in Florida out of 459.
Iona ranks as the #3,954 cheapest out of 6,412 in the US.
The median home value in Iona is $200,800.
The median income in Iona is $53,802.
According to the most recent data on the cost of living, Iona has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Florida, Iona has a cost of living index that's 1.1x higher than Florida's index of 101.
The standard of living in Iona ranks as #339 most affordable out of the 459 places we measured in Florida. By definition, that implies Iona ranks as the #120 most expensive place in the Sunshine State.
For more reading on life in Iona, check out:
Six factors go into calculating the cost of living index in Iona. Here is how it fairs on each of the criteria:
The Services index in Iona is 108.
The Groceries index in Iona is 101.
The Health index in Iona is 109.
The Housing index in Iona is 112.
The Transportation index in Iona is 113.
The Utilities index in Iona is 100.
Living Expense | Iona | Florida | National Average | |
---|---|---|---|---|
Overall | 108 | 101 | 100 | |
Services | 108 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 112 | 108 | 100 | |
Transportation | 113 | 98 | 100 | |
Utilities | 100 | 100 | 100 |
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 Iona is $200,800.
The Median Rent in Iona is $1,446.
The Median Income in Iona is $53,802.
The Home Value To Income in Iona is 3.7x.
The Rent To Monthly Income in Iona is 0.32x.
Statistic | Iona | Florida | United States |
---|---|---|---|
Median Home Value | $200,800 | $248,700 | $244,900 |
Median Rent | $1,446 | $1,301 | $1,163 |
Median Income | $53,802 | $61,777 | $69,021 |
Home Value To Income | 3.7x | 4.0x | 3.5x |
Rent To Monthly Income | 0.32x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Iona. 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, 1.0x Iona.
Fort Myers, FL has a cost of living index of 100, 0.9x Iona.
Bonita Springs, FL has a cost of living index of 113, 1.0x Iona.
City | Population | Cost Of Living | Vs. Iona |
---|---|---|---|
Cape Coral, FL | 193,003 | 105 | 1.0x |
Fort Myers, FL | 84,694 | 100 | 0.9x |
Bonita Springs, FL | 53,017 | 113 | 1.0x |
North Fort Myers, FL | 41,551 | 87 | 0.8x |
San Carlos Park, FL | 18,590 | 99 | 0.9x |
Villas, FL | 13,764 | 97 | 0.9x |
Cypress Lake, FL | 12,334 | 97 | 0.9x |
McGregor, FL | 7,924 | 114 | 1.1x |
Fort Myers Beach, FL | 5,687 | 126 | 1.2x |
Whiskey Creek, FL | 5,261 | 105 | 1.0x |