Golden Gate, FL Cost Of Living
Cost Of Living In Golden Gate, FL Summary
Cost of living in Golden Gate 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 Golden Gate 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 Golden Gate is 113, with 100 being the average.
The cost of living index in Golden Gate is 1.1x higher than the national average.
Golden Gate ranks as the #309 cheapest in Florida out of 459.
Golden Gate ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Golden Gate is $423,938.
The median income in Golden Gate is $64,767.
Table Of Contents
Golden Gate's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Golden Gate, FL?
According to the most recent data on the cost of living, Golden Gate has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Florida, Golden Gate has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Golden Gate ranks as #309 most affordable out of the 459 places we measured in Florida. By definition, that implies Golden Gate ranks as the #150 most expensive place in the Sunshine State.
For more reading on life in Golden Gate, check out:
In Florida
In America
Golden Gate Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Golden Gate. Here is how it fairs on each of the criteria:
The Services index in Golden Gate is 104.
The Groceries index in Golden Gate is 101.
The Health index in Golden Gate is 109.
The Housing index in Golden Gate is 138.
The Transportation index in Golden Gate is 108.
The Utilities index in Golden Gate is 96.
| Living Expense | Golden Gate | Florida | National Average | |
|---|---|---|---|---|
| Overall | 113 | 97 | 100 | |
| Services | 104 | 96 | 100 | |
| Groceries | 101 | 99 | 100 | |
| Health | 109 | 98 | 100 | |
| Housing | 138 | 96 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 96 | 95 | 100 | |
Golden Gate, 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 2019-2023. The key points are:
The Median Home Value in Golden Gate is $423,938.
The Median Rent in Golden Gate is $1,641.
The Median Income in Golden Gate is $64,767.
The Home Value To Income in Golden Gate is 6.5x.
The Rent To Monthly Income in Golden Gate is 0.3x.
| Statistic | Golden Gate | Florida | United States |
|---|---|---|---|
| Median Home Value | $423,938 | $377,066 | $303,400 |
| Median Rent | $1,641 | $1,564 | $1,348 |
| Median Income | $64,767 | $71,711 | $78,538 |
| Home Value To Income | 6.5x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Golden Gate, FL Costs By Category
Detailed Golden Gate Services Costs Vs. Florida
| Item | Golden Gate | Florida |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $13.05 | $12.13 |
| Bowling | $21.2 | $18 |
| Haircut | $28.2 | $24.26 |
| Beauty Salon | $54.05 | $45.56 |
Detailed Golden Gate Groceries Costs Vs. Florida
| Item | Golden Gate | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.72 | $12.09 |
| Beer | $11.06 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Golden Gate Health Costs Vs. Florida
| Item | Golden Gate | Florida |
|---|---|---|
| Optometrist | $101.67 | $125.68 |
| Doctor | $153.94 | $135.78 |
| Dentist | $122.09 | $113.29 |
Detailed Golden Gate Transportation Costs Vs. Florida
| Item | Golden Gate | Florida |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $74.92 | $59.92 |
Detailed Golden Gate Utilities Costs Vs. Florida
| Item | Golden Gate | Florida |
|---|---|---|
| All Electricity | $179.36 | $193.99 |
| Phone | $194.07 | $192.25 |
Golden Gate SnackAbility
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Cost Of Living In Cities Around Golden Gate
The cost of living varies in the cities and towns around Golden Gate. 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 Golden Gate.
Bonita Springs, FL has a cost of living index of 120, 1.1x Golden Gate.
North Fort Myers, FL has a cost of living index of 94, 0.8x Golden Gate.
| City | Population | Cost Of Living | Vs. Golden Gate |
|---|---|---|---|
| Cape Coral, FL | 206,387 | 113 | 1.0x |
| Bonita Springs, FL | 54,830 | 120 | 1.1x |
| North Fort Myers, FL | 44,189 | 94 | 0.8x |
| Naples, FL | 19,421 | 202 | 1.8x |
| San Carlos Park, FL | 18,252 | 110 | 1.0x |
| Marco Island, FL | 15,998 | 163 | 1.4x |
| Iona, FL | 14,290 | 111 | 1.0x |
| Villas, FL | 13,578 | 106 | 0.9x |
| Cypress Lake, FL | 13,145 | 104 | 0.9x |
| Lely Resort, FL | 8,296 | 134 | 1.2x |
