North Fort Myers, FL Cost Of Living

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

Cost Of Living In North Fort Myers, FL Summary

Cost of living in North Fort Myers 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 North Fort Myers 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 North Fort Myers is 87, with 100 being the average.

  • The cost of living index in North Fort Myers is 0.9x lower than the national average.

  • North Fort Myers ranks as the #44 cheapest in Florida out of 459.

  • North Fort Myers ranks as the #1,101 cheapest out of 6,412 in the US.

  • The median home value in North Fort Myers is $111,400.

  • The median income in North Fort Myers is $50,177.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
87
North Fort Myers's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in North Fort Myers, FL?

According to the most recent data on the cost of living, North Fort Myers has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to Florida, North Fort Myers has a cost of living index that's 0.9x lower than Florida's index of 101.

The standard of living in North Fort Myers ranks as #44 most affordable out of the 459 places we measured in Florida. By definition, that implies North Fort Myers ranks as the #415 most expensive place in the Sunshine State.

For more reading on life in North Fort Myers, check out:

44 out of 459
In Florida
1,101 out of 6,412
In America

North Fort Myers Cost Of Living Vs. Florida

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

  • The Services index in North Fort Myers is 108.

  • The Groceries index in North Fort Myers is 99.

  • The Health index in North Fort Myers is 108.

  • The Housing index in North Fort Myers is 50.

  • The Transportation index in North Fort Myers is 111.

  • The Utilities index in North Fort Myers is 97.

Living Expense North Fort Myers Florida National Average
Overall 87 101 100
Services 108 98 100
Groceries 99 101 100
Health 108 96 100
Housing 50 108 100
Transportation 111 98 100
Utilities 97 100 100
For more reading on cost of living around Florida, check out:
North Fort Myers Cost of Living Vs. FL

North Fort Myers, 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 North Fort Myers is $111,400.

  • The Median Rent in North Fort Myers is $978.

  • The Median Income in North Fort Myers is $50,177.

  • The Home Value To Income in North Fort Myers is 2.2x.

  • The Rent To Monthly Income in North Fort Myers is 0.23x.

Statistic North Fort Myers Florida United States
Median Home Value $111,400 $248,700 $244,900
Median Rent $978 $1,301 $1,163
Median Income $50,177 $61,777 $69,021
Home Value To Income 2.2x 4.0x 3.5x
Rent To Monthly Income 0.23x 0.25x 0.2x
Search Homes For Sale In North Fort Myers, FL
$111,400
Median Home Value
$978
Median Rent
$50,177
Median Income

North Fort Myers, FL Costs By Category

Detailed North Fort Myers Services Costs Vs. Florida

Item North Fort Myers 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 North Fort Myers Groceries Costs Vs. Florida

Item North Fort Myers 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 North Fort Myers Health Costs Vs. Florida

Item North Fort Myers Florida
Optometrist $85.53 $108.57
Doctor $123.46 $116.17
Dentist $110.14 $99.13

Detailed North Fort Myers Transportation Costs Vs. Florida

Item North Fort Myers Florida
Gasoline $2.45 $2.22
Tire Balancing $57.16 $50.07

Detailed North Fort Myers Utilities Costs Vs. Florida

Item North Fort Myers Florida
All Electricity $158.56 $167.67
Phone $187.82 $175.64

North Fort Myers SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
6
Safety
N/A
Amenities
8
Education
6
Commute
6

Cost Of Living In Cities Around North Fort Myers

The cost of living varies in the cities and towns around North Fort Myers. 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, 1.2x North Fort Myers.

  • Lehigh Acres, FL has a cost of living index of 96, 1.1x North Fort Myers.

  • Fort Myers, FL has a cost of living index of 100, 1.1x North Fort Myers.

City Population Cost Of Living Vs. North Fort Myers
Cape Coral, FL 193,003 105 1.2x
Lehigh Acres, FL 123,751 96 1.1x
Fort Myers, FL 84,694 100 1.1x
Punta Gorda, FL 19,230 115 1.3x
San Carlos Park, FL 18,590 99 1.1x
Villas, FL 13,764 97 1.1x
Iona, FL 13,160 108 1.2x
Cypress Lake, FL 12,334 97 1.1x
Fort Myers Shores, FL 5,737 98 1.1x
Tice, FL 5,200 89 1.0x

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