Cost of living in Iona 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 Iona 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 Iona is 111, with 100 being the average.
The cost of living index in Iona is 1.1x higher than the national average.
Iona ranks as the #285 cheapest in Florida out of 459.
Iona ranks as the #3,765 cheapest out of 6,489 in the US.
The median home value in Iona is $343,072.
The median income in Iona is $66,143.
According to the most recent data on the cost of living, Iona has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Iona has a cost of living index that's 1.1x higher than Florida's index of 97.
The standard of living in Iona ranks as #285 most affordable out of the 459 places we measured in Florida. By definition, that implies Iona ranks as the #174 most expensive place in the Sunshine State.
For more reading on life in Iona, check out:
Six factors go into calculating the cost of living index in Iona. Here is how it fairs on each of the criteria:
The Services index in Iona is 106.
The Groceries index in Iona is 97.
The Health index in Iona is 107.
The Housing index in Iona is 131.
The Transportation index in Iona is 109.
The Utilities index in Iona is 97.
| Living Expense | Iona | Florida | National Average | |
|---|---|---|---|---|
| Overall | 111 | 97 | 100 | |
| Services | 106 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 107 | 98 | 100 | |
| Housing | 131 | 96 | 100 | |
| Transportation | 109 | 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 Iona is $343,072.
The Median Rent in Iona is $1,908.
The Median Income in Iona is $66,143.
The Home Value To Income in Iona is 5.2x.
The Rent To Monthly Income in Iona is 0.35x.
The cost of living varies in the cities and towns around Iona. 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 Iona.
Fort Myers, FL has a cost of living index of 111, 1.0x Iona.
Bonita Springs, FL has a cost of living index of 120, 1.1x Iona.
| City | Population | Cost Of Living | Vs. Iona |
|---|---|---|---|
| Cape Coral, FL | 206,387 | 113 | 1.0x |
| Fort Myers, FL | 91,730 | 111 | 1.0x |
| Bonita Springs, FL | 54,830 | 120 | 1.1x |
| North Fort Myers, FL | 44,189 | 94 | 0.8x |
| San Carlos Park, FL | 18,252 | 110 | 1.0x |
| Villas, FL | 13,578 | 106 | 1.0x |
| Cypress Lake, FL | 13,145 | 104 | 0.9x |
| McGregor, FL | 8,198 | 123 | 1.1x |
| Fort Myers Beach, FL | 5,548 | 139 | 1.3x |
| Whiskey Creek, FL | 5,298 | 116 | 1.0x |