Fort Myers Shores, FL Cost Of Living

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

Cost Of Living In Fort Myers Shores, FL Summary

Cost of living in Fort Myers Shores 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 Shores 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 Shores is 98, with 100 being the average.

  • The cost of living index in Fort Myers Shores is 1.0x lower than the national average.

  • Fort Myers Shores ranks as the #218 cheapest in Florida out of 459.

  • Fort Myers Shores ranks as the #2,890 cheapest out of 6,412 in the US.

  • The median home value in Fort Myers Shores is $176,800.

  • The median income in Fort Myers Shores is $60,536.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
98
Fort Myers Shores's Overall Cost Of Living
1.0x
Lower Than The National Average

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

According to the most recent data on the cost of living, Fort Myers Shores has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.

Compared to Florida, Fort Myers Shores has a cost of living index that's 1.0x lower than Florida's index of 101.

The standard of living in Fort Myers Shores ranks as #218 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Myers Shores ranks as the #241 most expensive place in the Sunshine State.

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

218 out of 459
In Florida
2,890 out of 6,412
In America

Fort Myers Shores Cost Of Living Vs. Florida

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

  • The Services index in Fort Myers Shores is 106.

  • The Groceries index in Fort Myers Shores is 100.

  • The Health index in Fort Myers Shores is 107.

  • The Housing index in Fort Myers Shores is 74.

  • The Transportation index in Fort Myers Shores is 113.

  • The Utilities index in Fort Myers Shores is 99.

Living Expense Fort Myers Shores Florida National Average
Overall 98 101 100
Services 106 98 100
Groceries 100 101 100
Health 107 96 100
Housing 74 108 100
Transportation 113 98 100
Utilities 99 100 100
For more reading on cost of living around Florida, check out:
Fort Myers Shores Cost of Living Vs. FL

Fort Myers Shores, 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 Shores is $176,800.

  • The Median Rent in Fort Myers Shores is $1,300.

  • The Median Income in Fort Myers Shores is $60,536.

  • The Home Value To Income in Fort Myers Shores is 2.9x.

  • The Rent To Monthly Income in Fort Myers Shores is 0.26x.

Statistic Fort Myers Shores Florida United States
Median Home Value $176,800 $248,700 $244,900
Median Rent $1,300 $1,301 $1,163
Median Income $60,536 $61,777 $69,021
Home Value To Income 2.9x 4.0x 3.5x
Rent To Monthly Income 0.26x 0.25x 0.2x
Search Homes For Sale In Fort Myers Shores, FL
$176,800
Median Home Value
$1,300
Median Rent
$60,536
Median Income

Fort Myers Shores, FL Costs By Category

Detailed Fort Myers Shores Services Costs Vs. Florida

Item Fort Myers Shores 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 Shores Groceries Costs Vs. Florida

Item Fort Myers Shores 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 Shores Health Costs Vs. Florida

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

Detailed Fort Myers Shores Transportation Costs Vs. Florida

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

Detailed Fort Myers Shores Utilities Costs Vs. Florida

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

Fort Myers Shores SnackAbility

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

Cost Of Living In Cities Around Fort Myers Shores

The cost of living varies in the cities and towns around Fort Myers Shores. 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, 1.1x Fort Myers Shores.

  • Lehigh Acres, FL has a cost of living index of 96, 1.0x Fort Myers Shores.

  • Fort Myers, FL has a cost of living index of 100, 1.0x Fort Myers Shores.

City Population Cost Of Living Vs. Fort Myers Shores
Cape Coral, FL 193,003 105 1.1x
Lehigh Acres, FL 123,751 96 1.0x
Fort Myers, FL 84,694 100 1.0x
North Fort Myers, FL 41,551 87 0.9x
San Carlos Park, FL 18,590 99 1.0x
Villas, FL 13,764 97 1.0x
Iona, FL 13,160 108 1.1x
Cypress Lake, FL 12,334 97 1.0x
Gateway, FL 10,772 118 1.2x
Tice, FL 5,200 89 0.9x

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