Cost of living in Marathon 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 Marathon 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 Marathon is 126, with 100 being the average.
The cost of living index in Marathon is 1.3x higher than the national average.
Marathon ranks as the #429 cheapest in Florida out of 459.
Marathon ranks as the #5,091 cheapest out of 6,412 in the US.
The median home value in Marathon is $586,500.
The median income in Marathon is $63,375.
According to the most recent data on the cost of living, Marathon has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Florida, Marathon has a cost of living index that's 1.2x higher than Florida's index of 101.
The standard of living in Marathon ranks as #429 most affordable out of the 459 places we measured in Florida. By definition, that implies Marathon ranks as the #30 most expensive place in the Sunshine State.
For more reading on life in Marathon, check out:
Six factors go into calculating the cost of living index in Marathon. Here is how it fairs on each of the criteria:
The Services index in Marathon is 104.
The Groceries index in Marathon is 117.
The Health index in Marathon is 104.
The Housing index in Marathon is 165.
The Transportation index in Marathon is 106.
The Utilities index in Marathon is 100.
Living Expense | Marathon | Florida | National Average | |
---|---|---|---|---|
Overall | 126 | 101 | 100 | |
Services | 104 | 98 | 100 | |
Groceries | 117 | 101 | 100 | |
Health | 104 | 96 | 100 | |
Housing | 165 | 108 | 100 | |
Transportation | 106 | 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 Marathon is $586,500.
The Median Rent in Marathon is $1,378.
The Median Income in Marathon is $63,375.
The Home Value To Income in Marathon is 9.3x.
The Rent To Monthly Income in Marathon is 0.26x.
Statistic | Marathon | Florida | United States |
---|---|---|---|
Median Home Value | $586,500 | $248,700 | $244,900 |
Median Rent | $1,378 | $1,301 | $1,163 |
Median Income | $63,375 | $61,777 | $69,021 |
Home Value To Income | 9.3x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
The cost of living varies in the cities and towns around Marathon. Here's a quick look at the cost of living in the most populous nearby places:
Key West, FL has a cost of living index of 145, 1.2x Marathon.
Key Largo, FL has a cost of living index of 127, 1.0x Marathon.
City | Population | Cost Of Living | Vs. Marathon |
---|---|---|---|
Key West, FL | 26,776 | 145 | 1.2x |
Key Largo, FL | 10,854 | 127 | 1.0x |