North Fort Myers, FL Cost Of Living
Cost Of Living In North Fort Myers, FL Summary
Cost of living in North Fort Myers 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 North Fort Myers 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 North Fort Myers is 87, with 100 being the average.
The cost of living index in North Fort Myers is 0.9x lower than the national average.
North Fort Myers ranks as the #44 cheapest in Florida out of 459.
North Fort Myers ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in North Fort Myers is $111,400.
The median income in North Fort Myers is $50,177.
Table Of Contents
North Fort Myers's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in North Fort Myers, FL?
According to the most recent data on the cost of living, North Fort Myers has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Florida, North Fort Myers has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in North Fort Myers ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies North Fort Myers ranks as the #415 most expensive place in the Sunshine State.
For more reading on life in North Fort Myers, check out:
- Living In North Fort Myers
- Search Homes For Sale In North Fort Myers, FL
In Florida
In America
North Fort Myers Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in North Fort Myers. Here is how it fairs on each of the criteria:
The Services index in North Fort Myers is 108.
The Groceries index in North Fort Myers is 99.
The Health index in North Fort Myers is 108.
The Housing index in North Fort Myers is 50.
The Transportation index in North Fort Myers is 111.
The Utilities index in North Fort Myers is 97.
| Living Expense | North Fort Myers | Florida | National Average | |
|---|---|---|---|---|
| Overall | 87 | 101 | 100 | |
| Services | 108 | 98 | 100 | |
| Groceries | 99 | 101 | 100 | |
| Health | 108 | 96 | 100 | |
| Housing | 50 | 108 | 100 | |
| Transportation | 111 | 98 | 100 | |
| Utilities | 97 | 100 | 100 | |
North Fort Myers, 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 North Fort Myers is $111,400.
The Median Rent in North Fort Myers is $978.
The Median Income in North Fort Myers is $50,177.
The Home Value To Income in North Fort Myers is 2.2x.
The Rent To Monthly Income in North Fort Myers is 0.23x.
| Statistic | North Fort Myers | Florida | United States |
|---|---|---|---|
| Median Home Value | $111,400 | $248,700 | $244,900 |
| Median Rent | $978 | $1,301 | $1,163 |
| Median Income | $50,177 | $61,777 | $69,021 |
| Home Value To Income | 2.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
North Fort Myers, FL Costs By Category
Detailed North Fort Myers Services Costs Vs. Florida
| Item | North Fort Myers | 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 North Fort Myers Groceries Costs Vs. Florida
| Item | North Fort Myers | 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 North Fort Myers Health Costs Vs. Florida
| Item | North Fort Myers | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed North Fort Myers Transportation Costs Vs. Florida
| Item | North Fort Myers | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed North Fort Myers Utilities Costs Vs. Florida
| Item | North Fort Myers | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
North Fort Myers SnackAbility
/10
Cost Of Living In Cities Around North Fort Myers
The cost of living varies in the cities and towns around North Fort Myers. 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, 1.2x North Fort Myers.
Lehigh Acres, FL has a cost of living index of 96, 1.1x North Fort Myers.
Fort Myers, FL has a cost of living index of 100, 1.1x North Fort Myers.
| City | Population | Cost Of Living | Vs. North Fort Myers |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 1.2x |
| Lehigh Acres, FL | 123,751 | 96 | 1.1x |
| Fort Myers, FL | 84,694 | 100 | 1.1x |
| Punta Gorda, FL | 19,230 | 115 | 1.3x |
| San Carlos Park, FL | 18,590 | 99 | 1.1x |
| Villas, FL | 13,764 | 97 | 1.1x |
| Iona, FL | 13,160 | 108 | 1.2x |
| Cypress Lake, FL | 12,334 | 97 | 1.1x |
| Fort Myers Shores, FL | 5,737 | 98 | 1.1x |
| Tice, FL | 5,200 | 89 | 1.0x |
