Sanibel, FL Cost Of Living

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

Cost Of Living In Sanibel, FL Summary

Cost of living in Sanibel 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 Sanibel 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 Sanibel is 167, with 100 being the average.

  • The cost of living index in Sanibel is 1.7x higher than the national average.

  • Sanibel ranks as the #453 cheapest in Florida out of 459.

  • Sanibel ranks as the #6,093 cheapest out of 6,412 in the US.

  • The median home value in Sanibel is $730,400.

  • The median income in Sanibel is $103,413.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
167
Sanibel's Overall Cost Of Living
1.7x
Higher Than The National Average

What is the cost of living in Sanibel, FL?

According to the most recent data on the cost of living, Sanibel has an overall cost of living index of 167, which is 1.7x higher than the national index of 100.

Compared to Florida, Sanibel has a cost of living index that's 1.7x higher than Florida's index of 101.

The standard of living in Sanibel ranks as #453 most affordable out of the 459 places we measured in Florida. By definition, that implies Sanibel ranks as the #6 most expensive place in the Sunshine State.

For more reading on life in Sanibel, check out:

453 out of 459
In Florida
6,093 out of 6,412
In America

Sanibel Cost Of Living Vs. Florida

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

  • The Services index in Sanibel is 109.

  • The Groceries index in Sanibel is 102.

  • The Health index in Sanibel is 109.

  • The Housing index in Sanibel is 311.

  • The Transportation index in Sanibel is 111.

  • The Utilities index in Sanibel is 100.

Living Expense Sanibel Florida National Average
Overall 167 101 100
Services 109 98 100
Groceries 102 101 100
Health 109 96 100
Housing 311 108 100
Transportation 111 98 100
Utilities 100 100 100
For more reading on cost of living around Florida, check out:
Sanibel Cost of Living Vs. FL

Sanibel, 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 Sanibel is $730,400.

  • The Median Rent in Sanibel is $794.

  • The Median Income in Sanibel is $103,413.

  • The Home Value To Income in Sanibel is 7.1x.

  • The Rent To Monthly Income in Sanibel is 0.09x.

Statistic Sanibel Florida United States
Median Home Value $730,400 $248,700 $244,900
Median Rent $794 $1,301 $1,163
Median Income $103,413 $61,777 $69,021
Home Value To Income 7.1x 4.0x 3.5x
Rent To Monthly Income 0.09x 0.25x 0.2x
Search Homes For Sale In Sanibel, FL
$730,400
Median Home Value
$794
Median Rent
$103,413
Median Income

Sanibel, FL Costs By Category

Detailed Sanibel Services Costs Vs. Florida

Item Sanibel 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 Sanibel Groceries Costs Vs. Florida

Item Sanibel 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 Sanibel Health Costs Vs. Florida

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

Detailed Sanibel Transportation Costs Vs. Florida

Item Sanibel Florida
Gasoline $2.45 $2.22
Tire Balancing $57.16 $50.07

Detailed Sanibel Utilities Costs Vs. Florida

Item Sanibel Florida
All Electricity $158.56 $167.67
Phone $187.82 $175.64

Sanibel SnackAbility

9.5
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
7
Diversity
3
Safety
9
Amenities
6
Education
9.5
Commute
9

Cost Of Living In Cities Around Sanibel

The cost of living varies in the cities and towns around Sanibel. 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, 0.6x Sanibel.

  • San Carlos Park, FL has a cost of living index of 99, 0.6x Sanibel.

  • Villas, FL has a cost of living index of 97, 0.6x Sanibel.

City Population Cost Of Living Vs. Sanibel
Cape Coral, FL 193,003 105 0.6x
San Carlos Park, FL 18,590 99 0.6x
Villas, FL 13,764 97 0.6x
Iona, FL 13,160 108 0.6x
Cypress Lake, FL 12,334 97 0.6x
Fort Myers Beach, FL 5,687 126 0.8x

Articles About Florida

Enjoy The Snack?