Cost of living in Immokalee 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 Immokalee 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 Immokalee is 91, with 100 being the average.
The cost of living index in Immokalee is 0.9x lower than the national average.
Immokalee ranks as the #106 cheapest in Florida out of 459.
Immokalee ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Immokalee is $156,100.
The median income in Immokalee is $40,114.
According to the most recent data on the cost of living, Immokalee has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Florida, Immokalee has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Immokalee ranks as #106 most affordable out of the 459 places we measured in Florida. By definition, that implies Immokalee ranks as the #353 most expensive place in the Sunshine State.
For more reading on life in Immokalee, check out:
Six factors go into calculating the cost of living index in Immokalee. Here is how it fairs on each of the criteria:
The Services index in Immokalee is 106.
The Groceries index in Immokalee is 101.
The Health index in Immokalee is 109.
The Housing index in Immokalee is 51.
The Transportation index in Immokalee is 113.
The Utilities index in Immokalee is 100.
|Living Expense||Immokalee||Florida||National Average|
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 Immokalee is $156,100.
The Median Rent in Immokalee is $821.
The Median Income in Immokalee is $40,114.
The Home Value To Income in Immokalee is 3.9x.
The Rent To Monthly Income in Immokalee is 0.25x.
|Median Home Value||$156,100||$248,700||$244,900|
|Home Value To Income||3.9x||4.0x||3.5x|
|Rent To Monthly Income||0.25x||0.25x||0.2x|
The cost of living varies in the cities and towns around Immokalee. Here's a quick look at the cost of living in the most populous nearby places:
Lehigh Acres, FL has a cost of living index of 96, 1.1x Immokalee.
Bonita Springs, FL has a cost of living index of 113, 1.2x Immokalee.
Golden Gate, FL has a cost of living index of 99, 1.1x Immokalee.
|City||Population||Cost Of Living||Vs. Immokalee|
|Lehigh Acres, FL||123,751||96||1.1x|
|Bonita Springs, FL||53,017||113||1.2x|
|Golden Gate, FL||29,271||99||1.1x|
|Punta Gorda, FL||19,230||115||1.3x|
|San Carlos Park, FL||18,590||99||1.1x|
|Marco Island, FL||15,929||142||1.6x|
|Cypress Lake, FL||12,334||97||1.1x|