According to the most recent data on the cost of living, Sanibel has an overall cost of living index of 168 which is 1.7x higher than the national index of 100.
Compared to only Florida, Sanibel has a cost of living index that's 1.7x higher than Florida's index of 99.
The standard of living in Sanibel ranks as #6,105 most affordable out of the 6,522 places we measured in Florida. By definition, that implies Sanibel ranks as the #301 most expensive place in the Sunshine State.
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Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.