Pelican Bay, FL Cost Of Living
Cost Of Living In Pelican Bay, FL Summary
Cost of living in Pelican Bay 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 Pelican Bay 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 Pelican Bay is 186, with 100 being the average.
The cost of living index in Pelican Bay is 1.9x higher than the national average.
Pelican Bay ranks as the #457 cheapest in Florida out of 459.
Pelican Bay ranks as the #6,250 cheapest out of 6,412 in the US.
The median home value in Pelican Bay is $1,060,400.
The median income in Pelican Bay is $144,219.
Table Of Contents
Pelican Bay's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pelican Bay, FL?
According to the most recent data on the cost of living, Pelican Bay has an overall cost of living index of 186, which is 1.9x higher than the national index of 100.
Compared to Florida, Pelican Bay has a cost of living index that's 1.8x higher than Florida's index of 101.
The standard of living in Pelican Bay ranks as #457 most affordable out of the 459 places we measured in Florida. By definition, that implies Pelican Bay ranks as the #2 most expensive place in the Sunshine State.
For more reading on life in Pelican Bay, check out:
- Living In Pelican Bay
- Search Homes For Sale In Pelican Bay, FL
In Florida
In America
Pelican Bay Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Pelican Bay. Here is how it fairs on each of the criteria:
The Services index in Pelican Bay is 106.
The Groceries index in Pelican Bay is 100.
The Health index in Pelican Bay is 107.
The Housing index in Pelican Bay is 371.
The Transportation index in Pelican Bay is 110.
The Utilities index in Pelican Bay is 99.
| Living Expense | Pelican Bay | Florida | National Average | |
|---|---|---|---|---|
| Overall | 186 | 101 | 100 | |
| Services | 106 | 98 | 100 | |
| Groceries | 100 | 101 | 100 | |
| Health | 107 | 96 | 100 | |
| Housing | 371 | 108 | 100 | |
| Transportation | 110 | 98 | 100 | |
| Utilities | 99 | 100 | 100 | |
Pelican Bay, 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 Pelican Bay is $1,060,400.
The Median Rent in Pelican Bay is $1,741.
The Median Income in Pelican Bay is $144,219.
The Home Value To Income in Pelican Bay is 7.4x.
The Rent To Monthly Income in Pelican Bay is 0.14x.
| Statistic | Pelican Bay | Florida | United States |
|---|---|---|---|
| Median Home Value | $1,060,400 | $248,700 | $244,900 |
| Median Rent | $1,741 | $1,301 | $1,163 |
| Median Income | $144,219 | $61,777 | $69,021 |
| Home Value To Income | 7.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Pelican Bay, FL Costs By Category
Detailed Pelican Bay Services Costs Vs. Florida
| Item | Pelican Bay | 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 Pelican Bay Groceries Costs Vs. Florida
| Item | Pelican Bay | 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 Pelican Bay Health Costs Vs. Florida
| Item | Pelican Bay | Florida |
|---|---|---|
| Optometrist | $85.53 | $108.57 |
| Doctor | $123.46 | $116.17 |
| Dentist | $110.14 | $99.13 |
Detailed Pelican Bay Transportation Costs Vs. Florida
| Item | Pelican Bay | Florida |
|---|---|---|
| Gasoline | $2.45 | $2.22 |
| Tire Balancing | $57.16 | $50.07 |
Detailed Pelican Bay Utilities Costs Vs. Florida
| Item | Pelican Bay | Florida |
|---|---|---|
| All Electricity | $158.56 | $167.67 |
| Phone | $187.82 | $175.64 |
Pelican Bay SnackAbility
/10
Cost Of Living In Cities Around Pelican Bay
The cost of living varies in the cities and towns around Pelican Bay. Here's a quick look at the cost of living in the most populous nearby places:
Bonita Springs, FL has a cost of living index of 113, 0.6x Pelican Bay.
Golden Gate, FL has a cost of living index of 99, 0.5x Pelican Bay.
Naples, FL has a cost of living index of 172, 0.9x Pelican Bay.
| City | Population | Cost Of Living | Vs. Pelican Bay |
|---|---|---|---|
| Bonita Springs, FL | 53,017 | 113 | 0.6x |
| Golden Gate, FL | 29,271 | 99 | 0.5x |
| Naples, FL | 19,187 | 172 | 0.9x |
| San Carlos Park, FL | 18,590 | 99 | 0.5x |
| Lely Resort, FL | 7,058 | 138 | 0.7x |
| Naples Manor, FL | 6,384 | 96 | 0.5x |
| Naples Park, FL | 5,664 | 115 | 0.6x |
