Cost of living in Gateway 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 Gateway 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 Gateway is 117, with 100 being the average.
The cost of living index in Gateway is 1.2x higher than the national average.
Gateway ranks as the #339 cheapest in Florida out of 459.
Gateway ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Gateway is $457,700.
The median income in Gateway is $103,161.
According to the most recent data on the cost of living, Gateway has an overall cost of living index of 117, which is 1.2x higher than the national index of 100.
Compared to Florida, Gateway has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Gateway ranks as #339 most affordable out of the 459 places we measured in Florida. By definition, that implies Gateway ranks as the #120 most expensive place in the Sunshine State.
For more reading on life in Gateway, check out:
Six factors go into calculating the cost of living index in Gateway. Here is how it fairs on each of the criteria:
The Services index in Gateway is 106.
The Groceries index in Gateway is 97.
The Health index in Gateway is 106.
The Housing index in Gateway is 157.
The Transportation index in Gateway is 106.
The Utilities index in Gateway is 97.
| Living Expense | Gateway | Florida | National Average | |
|---|---|---|---|---|
| Overall | 117 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 106 | 98 | 100 | |
| Housing | 157 | 96 | 100 | |
| Transportation | 106 | 97 | 100 | |
| Utilities | 97 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Gateway is $457,700.
The Median Rent in Gateway is $1,784.
The Median Income in Gateway is $103,161.
The Home Value To Income in Gateway is 4.4x.
The Rent To Monthly Income in Gateway is 0.21x.
The cost of living varies in the cities and towns around Gateway. 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 113, 1.0x Gateway.
Lehigh Acres, FL has a cost of living index of 102, 0.9x Gateway.
Fort Myers, FL has a cost of living index of 111, 0.9x Gateway.
| City | Population | Cost Of Living | Vs. Gateway |
|---|---|---|---|
| Cape Coral, FL | 206,387 | 113 | 1.0x |
| Lehigh Acres, FL | 127,391 | 102 | 0.9x |
| Fort Myers, FL | 91,730 | 111 | 0.9x |
| Bonita Springs, FL | 54,830 | 120 | 1.0x |
| North Fort Myers, FL | 44,189 | 94 | 0.8x |
| San Carlos Park, FL | 18,252 | 110 | 0.9x |
| Iona, FL | 14,290 | 111 | 0.9x |
| Villas, FL | 13,578 | 106 | 0.9x |
| Cypress Lake, FL | 13,145 | 104 | 0.9x |
| Three Oaks, FL | 6,037 | 123 | 1.1x |