Cost of living in Lely Resort 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 Lely Resort 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 Lely Resort is 138, with 100 being the average.
The cost of living index in Lely Resort is 1.4x higher than the national average.
Lely Resort ranks as the #442 cheapest in Florida out of 459.
Lely Resort ranks as the #5,521 cheapest out of 6,412 in the US.
The median home value in Lely Resort is $586,300.
The median income in Lely Resort is $75,255.
According to the most recent data on the cost of living, Lely Resort has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.
Compared to Florida, Lely Resort has a cost of living index that's 1.4x higher than Florida's index of 101.
The standard of living in Lely Resort ranks as #442 most affordable out of the 459 places we measured in Florida. By definition, that implies Lely Resort ranks as the #17 most expensive place in the Sunshine State.
For more reading on life in Lely Resort, check out:
Six factors go into calculating the cost of living index in Lely Resort. Here is how it fairs on each of the criteria:
The Services index in Lely Resort is 109.
The Groceries index in Lely Resort is 99.
The Health index in Lely Resort is 109.
The Housing index in Lely Resort is 211.
The Transportation index in Lely Resort is 113.
The Utilities index in Lely Resort is 96.
Living Expense | Lely Resort | Florida | National Average | |
---|---|---|---|---|
Overall | 138 | 101 | 100 | |
Services | 109 | 98 | 100 | |
Groceries | 99 | 101 | 100 | |
Health | 109 | 96 | 100 | |
Housing | 211 | 108 | 100 | |
Transportation | 113 | 98 | 100 | |
Utilities | 96 | 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 Lely Resort is $586,300.
The Median Rent in Lely Resort is $1,495.
The Median Income in Lely Resort is $75,255.
The Home Value To Income in Lely Resort is 7.8x.
The Rent To Monthly Income in Lely Resort is 0.24x.
Statistic | Lely Resort | Florida | United States |
---|---|---|---|
Median Home Value | $586,300 | $248,700 | $244,900 |
Median Rent | $1,495 | $1,301 | $1,163 |
Median Income | $75,255 | $61,777 | $69,021 |
Home Value To Income | 7.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Item | Lely Resort | 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 |
Item | Lely Resort | 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 |
Item | Lely Resort | Florida |
---|---|---|
Optometrist | $85.53 | $108.57 |
Doctor | $123.46 | $116.17 |
Dentist | $110.14 | $99.13 |
Item | Lely Resort | Florida |
---|---|---|
Gasoline | $2.45 | $2.22 |
Tire Balancing | $57.16 | $50.07 |
Item | Lely Resort | Florida |
---|---|---|
All Electricity | $158.56 | $167.67 |
Phone | $187.82 | $175.64 |
The cost of living varies in the cities and towns around Lely Resort. 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 Lely Resort.
Bonita Springs, FL has a cost of living index of 113, 0.8x Lely Resort.
Golden Gate, FL has a cost of living index of 99, 0.7x Lely Resort.
City | Population | Cost Of Living | Vs. Lely Resort |
---|---|---|---|
Cape Coral, FL | 193,003 | 105 | 0.8x |
Bonita Springs, FL | 53,017 | 113 | 0.8x |
Golden Gate, FL | 29,271 | 99 | 0.7x |
Naples, FL | 19,187 | 172 | 1.2x |
San Carlos Park, FL | 18,590 | 99 | 0.7x |
Marco Island, FL | 15,929 | 142 | 1.0x |
Villas, FL | 13,764 | 97 | 0.7x |
Iona, FL | 13,160 | 108 | 0.8x |
Cypress Lake, FL | 12,334 | 97 | 0.7x |
Naples Manor, FL | 6,384 | 96 | 0.7x |