Gateway, FL Cost Of Living
Cost Of Living In Gateway, FL Summary
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 118, with 100 being the average.
The cost of living index in Gateway is 1.2x higher than the national average.
Gateway ranks as the #403 cheapest in Florida out of 459.
Gateway ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Gateway is $313,000.
The median income in Gateway is $97,214.
Table Of Contents
Gateway's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Gateway, FL?
According to the most recent data on the cost of living, Gateway has an overall cost of living index of 118, 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 101.
The standard of living in Gateway ranks as #403 most affordable out of the 459 places we measured in Florida. By definition, that implies Gateway ranks as the #56 most expensive place in the Sunshine State.
For more reading on life in Gateway, check out:
- Living In Gateway
- Search Homes For Sale In Gateway, FL
In Florida
In America
Gateway Cost Of Living Vs. Florida
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 108.
The Groceries index in Gateway is 101.
The Health index in Gateway is 109.
The Housing index in Gateway is 145.
The Transportation index in Gateway is 114.
The Utilities index in Gateway is 96.
| Living Expense | Gateway | Florida | National Average | |
|---|---|---|---|---|
| Overall | 118 | 101 | 100 | |
| Services | 108 | 98 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 109 | 96 | 100 | |
| Housing | 145 | 108 | 100 | |
| Transportation | 114 | 98 | 100 | |
| Utilities | 96 | 100 | 100 | |
Gateway, 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 Gateway is $313,000.
The Median Rent in Gateway is $1,462.
The Median Income in Gateway is $97,214.
The Home Value To Income in Gateway is 3.2x.
The Rent To Monthly Income in Gateway is 0.18x.
| Statistic | Gateway | Florida | United States |
|---|---|---|---|
| Median Home Value | $313,000 | $248,700 | $244,900 |
| Median Rent | $1,462 | $1,301 | $1,163 |
| Median Income | $97,214 | $61,777 | $69,021 |
| Home Value To Income | 3.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.18x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Gateway, FL Costs By Category
Detailed Gateway Services Costs Vs. Florida
Detailed Gateway Groceries Costs Vs. Florida
Detailed Gateway Health Costs Vs. Florida
Detailed Gateway Transportation Costs Vs. Florida
Detailed Gateway Utilities Costs Vs. Florida
Gateway SnackAbility
/10
Cost Of Living In Cities Around Gateway
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 105, 0.9x Gateway.
Lehigh Acres, FL has a cost of living index of 96, 0.8x Gateway.
Fort Myers, FL has a cost of living index of 100, 0.8x Gateway.
| City | Population | Cost Of Living | Vs. Gateway |
|---|---|---|---|
| Cape Coral, FL | 193,003 | 105 | 0.9x |
| Lehigh Acres, FL | 123,751 | 96 | 0.8x |
| Fort Myers, FL | 84,694 | 100 | 0.8x |
| Bonita Springs, FL | 53,017 | 113 | 1.0x |
| North Fort Myers, FL | 41,551 | 87 | 0.7x |
| 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 |
| Whiskey Creek, FL | 5,261 | 105 | 0.9x |
