Fort Myers, FL Cost Of Living

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

Cost Of Living In Fort Myers, FL Summary

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

  • The cost of living index in Fort Myers is 1.0x lower than the national average.

  • Fort Myers ranks as the #250 cheapest in Florida out of 459.

  • Fort Myers ranks as the #3,149 cheapest out of 6,412 in the US.

  • The median home value in Fort Myers is $263,800.

  • The median income in Fort Myers is $51,682.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
100
Fort Myers's Overall Cost Of Living
1.0x
Lower Than The National Average

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

According to the most recent data on the cost of living, Fort Myers has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.

Compared to Florida, Fort Myers has a cost of living index that's 1.0x lower than Florida's index of 101.

The standard of living in Fort Myers ranks as #250 most affordable out of the 459 places we measured in Florida. By definition, that implies Fort Myers ranks as the #209 most expensive place in the Sunshine State.

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

250 out of 459
In Florida
3,149 out of 6,412
In America

Fort Myers Cost Of Living Vs. Florida

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

  • The Services index in Fort Myers is 106.

  • The Groceries index in Fort Myers is 98.

  • The Health index in Fort Myers is 108.

  • The Housing index in Fort Myers is 88.

  • The Transportation index in Fort Myers is 110.

  • The Utilities index in Fort Myers is 99.

Living Expense Fort Myers Florida National Average
Overall 100 101 100
Services 106 98 100
Groceries 98 101 100
Health 108 96 100
Housing 88 108 100
Transportation 110 98 100
Utilities 99 100 100
For more reading on cost of living around Florida, check out:
Fort Myers Cost of Living Vs. FL

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 Fort Myers is $263,800.

  • The Median Rent in Fort Myers is $1,162.

  • The Median Income in Fort Myers is $51,682.

  • The Home Value To Income in Fort Myers is 5.1x.

  • The Rent To Monthly Income in Fort Myers is 0.27x.

Statistic Fort Myers Florida United States
Median Home Value $263,800 $248,700 $244,900
Median Rent $1,162 $1,301 $1,163
Median Income $51,682 $61,777 $69,021
Home Value To Income 5.1x 4.0x 3.5x
Rent To Monthly Income 0.27x 0.25x 0.2x
Search Homes For Sale In Fort Myers, FL
$263,800
Median Home Value
$1,162
Median Rent
$51,682
Median Income

Fort Myers, FL Costs By Category

Detailed Fort Myers Services Costs Vs. Florida

Item 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 Fort Myers Groceries Costs Vs. Florida

Item 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 Fort Myers Health Costs Vs. Florida

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

Detailed Fort Myers Transportation Costs Vs. Florida

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

Detailed Fort Myers Utilities Costs Vs. Florida

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

Fort Myers SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
8.5
Affordability
4
Diversity
10
Safety
5
Amenities
8.5
Education
6
Commute
8

Cost Of Living In Cities Around Fort Myers

The cost of living varies in the cities and towns around 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, 1.1x Fort Myers.

  • Lehigh Acres, FL has a cost of living index of 96, 1.0x Fort Myers.

  • Bonita Springs, FL has a cost of living index of 113, 1.1x Fort Myers.

City Population Cost Of Living Vs. Fort Myers
Cape Coral, FL 193,003 105 1.1x
Lehigh Acres, FL 123,751 96 1.0x
Bonita Springs, FL 53,017 113 1.1x
North Fort Myers, FL 41,551 87 0.9x
San Carlos Park, FL 18,590 99 1.0x
Villas, FL 13,764 97 1.0x
Iona, FL 13,160 108 1.1x
Cypress Lake, FL 12,334 97 1.0x
Gateway, FL 10,772 118 1.2x
McGregor, FL 7,924 114 1.1x

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