Marco Island 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.
IndexMarco IslandFloridaNational
Cost of living index147100100
IndexMarco IslandFloridaNational
Goods & Services index106101100
Groceries index107105100
Health care index10497100
Housing index24195100
Transportation index117105100
Utilities index97102100
A general summary of the cost of living index in Marco Island, FL is shown above. Compared to the state average of Florida the cost of living index in Marco Island, FL is 147, which is 47% higher than the average in Florida and compared to the national average it is 47% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Marco Island, FL goods and services come in at 6% higher than the average in Florida and are 6% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Marco Island is 47% higher than the Florida average.
  • The cost of living in Marco Island is 47% higher than the national average.
  • The cost of housing in Marco Island is 141% higher 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.

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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 Marco Island, 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 Marco Island, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Marco Island, 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 Marco Island, 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 Marco Island, FL, the median monthly income is $81,711 for those who own their own homes. Under the standard rule, that income level would allow for $1,906 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $51,820, per the median income in the area. That would allow for renters to spend up to $1,209 on monthly rental expenses.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Marco Island, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemMarco IslandNational avg.Difference
Haircut $15.60$14.596.9%
Beauty Salon $45.00$34.6829.8%
Toothpaste $2.70$2.479.2%
Shampoo $1.07$1.024.7%
Movie $10.81$9.879.5%
Bowling $8.26$4.3988.1%


ItemMarco IslandNational avg.Difference
Ground Beef $5.13$4.4814.6%
Fried Chicken $1.57$1.467.2%
Milk $2.71$2.3615.0%
Potatoes $3.39$3.0610.7%
Pizza $8.99$9.242.7%
Beer $8.43$8.632.3%

Health Care

ItemMarco IslandNational avg.Difference
Optometrist $80.50$99.7819.3%
Doctor $97.86$105.036.8%
Dentist $97.00$88.709.4%
Ibuprofen $10.49$9.4111.5%
Lipitor $332.58$298.5011.4%


ItemMarco IslandNational avg.Difference
Home Price $475,900.00$175,700.00170.9%
Avg. Mortgage Payment $1,310.50$1,081.0321.2%
Apartment Rent $1,583.00$920.0072.1%


ItemMarco IslandNational avg.Difference
Gasoline $2.32$2.0911.1%
Tire Balancing $59.59$45.2931.6%


ItemMarco IslandNational avg.Difference
All Electricity$166.37$170.802.6%
Phone $27.52$28.262.6%
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.
Naples Manor, FL6,09693-7%
Lely, FL3,48111313%
Goodland, FL28512424%
Verona Walk, FL2,37512525%
Lely Resort, FL4,68713636%
Marco Island, FL16,92114747%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mount Vernon, OH16,91983-17%
Norwalk, OH16,92784-16%
North Aurora, IL16,9271077%
Hinsdale, IL16,89818585%
Kapolei, HI16,89017373%
Marco Island, FL16,92114747%
Source: The Marco Island, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.