Fort Myers cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFort MyersFloridaNational
Cost of living index97100100
IndexFort MyersFloridaNational
Goods & Services index104101100
Groceries index103105100
Health care index10897100
Housing index8295100
Transportation index103105100
Utilities index103102100
The above illustration supplies generalized information for the Fort Myers, FL cost of living index. Compared to other cities in Florida and cities across the country, the cost of living index in Fort Myers, FL is 97, which is 3% lower than the Florida average and 3% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Fort Myers, FL are 4% higher than the average for Florida and 4% higher than the rest of the country.

Did you know?

  • The cost of living in Fort Myers is 3% lower than the Florida average.
  • The cost of living in Fort Myers is 3% lower than the national average.
  • The cost of housing in Fort Myers is 18% lower than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

Find Real Estate Listings In Fort Myers


New Real Estate Listings In Fort Myers

Compare Fort Myers, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Fort Myers, FL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Fort Myers, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Fort Myers, FL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Fort Myers, FL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Fort Myers, FL, the median monthly income is $59,482 for those who own their own homes. Under the standard rule, that income level would allow for $1,388 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $25,893, per the median income in the area. That would allow for renters to spend up to $604 on monthly rental expenses.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Fort Myers, FL, the Florida income tax and the Florida sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Florida maximum surtax is 7.5%, and the Florida sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in Florida.

Goods & Services

ItemFort MyersNational avg.Difference
Haircut $14.00$14.594.1%
Beauty Salon $38.25$34.6810.3%
Toothpaste $2.94$2.4718.9%
Shampoo $1.11$1.028.6%
Movie $9.54$9.873.3%
Bowling $4.50$4.392.5%


ItemFort MyersNational avg.Difference
Ground Beef $4.89$4.489.2%
Fried Chicken $1.63$1.4611.3%
Milk $2.73$2.3615.8%
Potatoes $3.18$3.063.9%
Pizza $8.37$9.249.4%
Beer $9.75$8.6312.9%

Health Care

ItemFort MyersNational avg.Difference
Optometrist $119.33$99.7819.6%
Doctor $137.25$105.0330.7%
Dentist $79.20$88.7010.7%
Ibuprofen $10.09$9.417.2%
Lipitor $328.16$298.509.9%


ItemFort MyersNational avg.Difference
Home Price $138,500.00$175,700.0021.2%
Avg. Mortgage Payment $1,157.56$1,081.037.1%
Apartment Rent $810.00$920.0012.0%


ItemFort MyersNational avg.Difference
Gasoline $2.19$2.094.6%
Tire Balancing $44.50$45.291.7%


ItemFort MyersNational avg.Difference
All Electricity$158.97$170.806.9%
Phone $32.85$28.2616.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Palmona Park, FL1,26783-17%
Suncoast Estates, FL4,62985-15%
Pine Manor, FL4,36386-14%
Tice, FL4,24586-14%
North Fort Myers, FL39,14388-12%
Fort Myers, FL66,16797-3%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Davis, CA66,09315555%
Schenectady, NY66,05599-1%
St. Cloud, MN66,03896-4%
Portland, ME66,31711616%
Youngstown, OH66,01373-27%
Fort Myers, FL66,16797-3%
Source: The Fort Myers, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.