Marco Island, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Marco Island, FL Summary

Cost of living in Marco Island 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 Marco Island 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 Marco Island is 142, with 100 being the average.

  • The cost of living index in Marco Island is 1.4x higher than the national average.

  • Marco Island ranks as the #445 cheapest in Florida out of 459.

  • Marco Island ranks as the #5,646 cheapest out of 6,412 in the US.

  • The median home value in Marco Island is $689,000.

  • The median income in Marco Island is $93,134.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
142
Marco Island's Overall Cost Of Living
1.4x
Higher Than The National Average

What is the cost of living in Marco Island, FL?

According to the most recent data on the cost of living, Marco Island has an overall cost of living index of 142, which is 1.4x higher than the national index of 100.

Compared to Florida, Marco Island has a cost of living index that's 1.4x higher than Florida's index of 101.

The standard of living in Marco Island ranks as #445 most affordable out of the 459 places we measured in Florida. By definition, that implies Marco Island ranks as the #14 most expensive place in the Sunshine State.

For more reading on life in Marco Island, check out:

445 out of 459
In Florida
5,646 out of 6,412
In America

Marco Island Cost Of Living Vs. Florida

Six factors go into calculating the cost of living index in Marco Island. Here is how it fairs on each of the criteria:

  • The Services index in Marco Island is 107.

  • The Groceries index in Marco Island is 100.

  • The Health index in Marco Island is 108.

  • The Housing index in Marco Island is 234.

  • The Transportation index in Marco Island is 112.

  • The Utilities index in Marco Island is 98.

Living Expense Marco Island Florida National Average
Overall 142 101 100
Services 107 98 100
Groceries 100 101 100
Health 108 96 100
Housing 234 108 100
Transportation 112 98 100
Utilities 98 100 100
For more reading on cost of living around Florida, check out:
Marco Island Cost of Living Vs. FL

Marco Island, 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 Marco Island is $689,000.

  • The Median Rent in Marco Island is $1,775.

  • The Median Income in Marco Island is $93,134.

  • The Home Value To Income in Marco Island is 7.4x.

  • The Rent To Monthly Income in Marco Island is 0.23x.

Statistic Marco Island Florida United States
Median Home Value $689,000 $248,700 $244,900
Median Rent $1,775 $1,301 $1,163
Median Income $93,134 $61,777 $69,021
Home Value To Income 7.4x 4.0x 3.5x
Rent To Monthly Income 0.23x 0.25x 0.2x
Search Homes For Sale In Marco Island, FL
$689,000
Median Home Value
$1,775
Median Rent
$93,134
Median Income

Marco Island, FL Costs By Category

Detailed Marco Island Services Costs Vs. Florida

Item Marco Island Florida
Shampoo $0.95 $1.06
Movie $12.88 $10.68
Bowling $19.12 $14.67
Haircut $21.52 $18.62
Beauty Salon $33.41 $39.05

Detailed Marco Island Groceries Costs Vs. Florida

Item Marco Island Florida
Ground Beef $4.42 $4.22
Fried Chicken $1.92 $1.39
Milk $2.4 $2.05
Potatoes $3.3 $3.29
Pizza $12.0 $10.62
Beer $9.7 $9.38
Toothpaste $2.31 $2.34

Detailed Marco Island Health Costs Vs. Florida

Item Marco Island Florida
Optometrist $85.53 $108.57
Doctor $123.46 $116.17
Dentist $110.14 $99.13

Detailed Marco Island Transportation Costs Vs. Florida

Item Marco Island Florida
Gasoline $2.45 $2.22
Tire Balancing $57.16 $50.07

Detailed Marco Island Utilities Costs Vs. Florida

Item Marco Island Florida
All Electricity $158.56 $167.67
Phone $187.82 $175.64

Marco Island SnackAbility

9
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
4
Diversity
6
Safety
8.5
Amenities
8.5
Education
8.5
Commute
6

Cost Of Living In Cities Around Marco Island

The cost of living varies in the cities and towns around Marco Island. Here's a quick look at the cost of living in the most populous nearby places:

  • Fort Myers, FL has a cost of living index of 100, 0.7x Marco Island.

  • Bonita Springs, FL has a cost of living index of 113, 0.8x Marco Island.

  • Golden Gate, FL has a cost of living index of 99, 0.7x Marco Island.

City Population Cost Of Living Vs. Marco Island
Fort Myers, FL 84,694 100 0.7x
Bonita Springs, FL 53,017 113 0.8x
Golden Gate, FL 29,271 99 0.7x
Immokalee, FL 27,669 91 0.6x
Naples, FL 19,187 172 1.2x
San Carlos Park, FL 18,590 99 0.7x
Villas, FL 13,764 97 0.7x
Iona, FL 13,160 108 0.8x
Cypress Lake, FL 12,334 97 0.7x
Lely Resort, FL 7,058 138 1.0x

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