Sanibel, FL Cost Of Living
Cost Of Living In Sanibel, FL Summary
Cost of living in Sanibel 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 Sanibel 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 Sanibel is 167, with 100 being the average.
The cost of living index in Sanibel is 1.7x higher than the national average.
Sanibel ranks as the #453 cheapest in Florida out of 459.
Sanibel ranks as the #6,093 cheapest out of 6,412 in the US.
The median home value in Sanibel is $730,400.
The median income in Sanibel is $103,413.
Table Of Contents
Sanibel's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sanibel, FL?
According to the most recent data on the cost of living, Sanibel has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.
Compared to Florida, Sanibel has a cost of living index that's 1.7x higher than Florida's index of 101.
The standard of living in Sanibel ranks as #453 most affordable out of the 459 places we measured in Florida. By definition, that implies Sanibel ranks as the #6 most expensive place in the Sunshine State.
For more reading on life in Sanibel, check out:
- Living In Sanibel
- Sanibel Crime Report
- Search Homes For Sale In Sanibel, FL
In Florida
In America
Sanibel Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Sanibel. Here is how it fairs on each of the criteria:
The Services index in Sanibel is 109.
The Groceries index in Sanibel is 102.
The Health index in Sanibel is 109.
The Housing index in Sanibel is 311.
The Transportation index in Sanibel is 111.
The Utilities index in Sanibel is 100.
| Living Expense | Sanibel | Florida | National Average | |
|---|---|---|---|---|
| Overall | 167 | 101 | 100 | |
| Services | 109 | 98 | 100 | |
| Groceries | 102 | 101 | 100 | |
| Health | 109 | 96 | 100 | |
| Housing | 311 | 108 | 100 | |
| Transportation | 111 | 98 | 100 | |
| Utilities | 100 | 100 | 100 | |
Sanibel, 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 Sanibel is $730,400.
The Median Rent in Sanibel is $794.
The Median Income in Sanibel is $103,413.
The Home Value To Income in Sanibel is 7.1x.
The Rent To Monthly Income in Sanibel is 0.09x.
| Statistic | Sanibel | Florida | United States |
|---|---|---|---|
| Median Home Value | $730,400 | $248,700 | $244,900 |
| Median Rent | $794 | $1,301 | $1,163 |
| Median Income | $103,413 | $61,777 | $69,021 |
| Home Value To Income | 7.1x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.09x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Sanibel, FL Costs By Category
Detailed Sanibel Services Costs Vs. Florida
Detailed Sanibel Groceries Costs Vs. Florida
Detailed Sanibel Health Costs Vs. Florida
Detailed Sanibel Transportation Costs Vs. Florida
Detailed Sanibel Utilities Costs Vs. Florida
Sanibel SnackAbility
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Cost Of Living In Cities Around Sanibel
The cost of living varies in the cities and towns around Sanibel. 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, 0.6x Sanibel.
San Carlos Park, FL has a cost of living index of 99, 0.6x Sanibel.
Villas, FL has a cost of living index of 97, 0.6x Sanibel.
| City | Population | Cost Of Living | Vs. Sanibel |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 0.6x |
| San Carlos Park, FL | 18,590 | 99 | 0.6x |
| Villas, FL | 13,764 | 97 | 0.6x |
| Iona, FL | 13,160 | 108 | 0.6x |
| Cypress Lake, FL | 12,334 | 97 | 0.6x |
| Fort Myers Beach, FL | 5,687 | 126 | 0.8x |
