Fort Myers Beach, FL Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Fort Myers Beach, FL Summary

Cost of living in Fort Myers Beach 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 Fort Myers Beach 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 Fort Myers Beach is 126, with 100 being the average.

  • The cost of living index in Fort Myers Beach is 1.3x higher than the national average.

  • Fort Myers Beach ranks as the #429 cheapest in Florida out of 459.

  • Fort Myers Beach ranks as the #5,091 cheapest out of 6,412 in the US.

  • The median home value in Fort Myers Beach is $465,900.

  • The median income in Fort Myers Beach is $76,888.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
126
Fort Myers Beach's Overall Cost Of Living
1.3x
Higher Than The National Average

What is the cost of living in Fort Myers Beach, FL?

According to the most recent data on the cost of living, Fort Myers Beach has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.

Compared to Florida, Fort Myers Beach has a cost of living index that's 1.2x higher than Florida's index of 101.

The standard of living in Fort Myers Beach ranks as #429 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Myers Beach ranks as the #30 most expensive place in the Sunshine State.

For more reading on life in Fort Myers Beach, check out:

429 out of 459
In Florida
5,091 out of 6,412
In America

Fort Myers Beach Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Fort Myers Beach. Here is how it fairs on each of the criteria:

  • The Services index in Fort Myers Beach is 108.

  • The Groceries index in Fort Myers Beach is 101.

  • The Health index in Fort Myers Beach is 108.

  • The Housing index in Fort Myers Beach is 171.

  • The Transportation index in Fort Myers Beach is 113.

  • The Utilities index in Fort Myers Beach is 98.

Living Expense Fort Myers Beach Florida National Average
Overall 126 101 100
Services 108 98 100
Groceries 101 101 100
Health 108 96 100
Housing 171 108 100
Transportation 113 98 100
Utilities 98 100 100
For more reading on cost of living around Florida, check out:
Fort Myers Beach Cost of Living Vs. FL

Fort Myers Beach, 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 Fort Myers Beach is $465,900.

  • The Median Rent in Fort Myers Beach is $1,733.

  • The Median Income in Fort Myers Beach is $76,888.

  • The Home Value To Income in Fort Myers Beach is 6.1x.

  • The Rent To Monthly Income in Fort Myers Beach is 0.27x.

Statistic Fort Myers Beach Florida United States
Median Home Value $465,900 $248,700 $244,900
Median Rent $1,733 $1,301 $1,163
Median Income $76,888 $61,777 $69,021
Home Value To Income 6.1x 4.0x 3.5x
Rent To Monthly Income 0.27x 0.25x 0.2x
Search Homes For Sale In Fort Myers Beach, FL
$465,900
Median Home Value
$1,733
Median Rent
$76,888
Median Income

Fort Myers Beach, FL Costs By Category

Detailed Fort Myers Beach Services Costs Vs. Florida

Item Fort Myers Beach 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 Fort Myers Beach Groceries Costs Vs. Florida

Item Fort Myers Beach 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 Fort Myers Beach Health Costs Vs. Florida

Item Fort Myers Beach Florida
Optometrist $85.53 $108.57
Doctor $123.46 $116.17
Dentist $110.14 $99.13

Detailed Fort Myers Beach Transportation Costs Vs. Florida

Item Fort Myers Beach Florida
Gasoline $2.45 $2.22
Tire Balancing $57.16 $50.07

Detailed Fort Myers Beach Utilities Costs Vs. Florida

Item Fort Myers Beach Florida
All Electricity $158.56 $167.67
Phone $187.82 $175.64

Fort Myers Beach SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9
Affordability
5
Diversity
3
Safety
N/A
Amenities
8.5
Education
8.5
Commute
8

Cost Of Living In Cities Around Fort Myers Beach

The cost of living varies in the cities and towns around Fort Myers Beach. 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 Fort Myers Beach.

  • Fort Myers, FL has a cost of living index of 100, 0.8x Fort Myers Beach.

  • Bonita Springs, FL has a cost of living index of 113, 0.9x Fort Myers Beach.

City Population Cost Of Living Vs. Fort Myers Beach
Cape Coral, FL 193,003 105 0.8x
Fort Myers, FL 84,694 100 0.8x
Bonita Springs, FL 53,017 113 0.9x
San Carlos Park, FL 18,590 99 0.8x
Villas, FL 13,764 97 0.8x
Iona, FL 13,160 108 0.9x
Cypress Lake, FL 12,334 97 0.8x
McGregor, FL 7,924 114 0.9x
Whiskey Creek, FL 5,261 105 0.8x
Three Oaks, FL 5,158 110 0.9x

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