Cost Of Living in Islamorada, Village of Islands, FL

Get 300+ Local Insights for Any Address in Islamorada, Village of Islands, FL

Get Access to 300+ Local Data Points

F

69%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

221%

Housing NAT. AVG.

Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Islamorada, Village of Islands	Florida	National
Cost of living	169	99	100
Goods & Services	107	100	100
Groceries	109	105	100
Health care	82	94	100
Housing	321	97	100
Transportation	100	99	100
Utilities	103	98	100

Does this Area Fit Your Budget?

Know the community before you call it home
Compare multiple areas side by side
Access over 300 data points for any address

GET REPORT →

Cost Of Living Quick Facts

The cost of living in Islamorada, Village of Islands is 71% higher than the Florida average
The cost of living in Islamorada, Village of Islands is 69% higher than the national average
Islamorada, Village of Islands housing is 221% 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

Most Affordable Places to Live in and Around Islamorada, Village of Islands

See all the best places to live around Islamorada, Village of Islands

Compare Islamorada, Village of Islands, FL Cost of Living

Compare Neighborhoods & Addresses

Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

UNLOCK FULL COMPARISON →

Write a review to give others more information about this area.

See all Islamorada, Village of Islands poll results

The best places in Florida

Here are the best places to live in Florida

These are the largest cities in Florida

Most Dangerous Cities In The US

Check out the 10 most dangerous cities in Florida

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$116,338	$9,695	$2,714	$3,490
Renters	$92,520	$7,710	$2,159	$2,776

A good way to judge both the affordability of the housing and the cost of living in Islamorada, Village of Islands is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Islamorada, Village of Islands has a median income of about $116,338 for people who own homes. Based on that number, a maximum of $2,714 should be spent on expenses related to housing. Renters have a slightly different median income, which is $92,520. Based on this average, renters should spend no more than $2,159 on all rental costs if they want to maintain a non-impoverished standard of living.

Florida Sales Tax

State	General Sales Tax	With Max Surtax
Florida	6%	7.5%

Florida Income Tax

State	Income Tax (Low)	Income Tax (High)
Florida	0%	0%

Goods & Services

Item	Islamorada, Village of Islands	National avg.	Difference
Haircut	$24.63	$27.62	10.8%
Beauty Salon	$78.09	$51.11	52.8%
Toothpaste	$4.03	$4.09	1.5%
Shampoo	$1.79	$1.54	16.1%
Movie	$17.39	$12.88	35.0%
Yoga	$28.67	$19.66	45.8%

Groceries

Item	Islamorada, Village of Islands	National avg.	Difference
Ground Beef	$8.12	$7.70	5.4%
Fried Chicken	$1.54	$1.66	7.4%
Milk	$4.90	$4.73	3.5%
Potatoes	$5.42	$5.26	3.1%
Pizza	$15.00	$12.76	17.5%
Beer	$11.92	$10.55	13.0%

Health Care

Item	Islamorada, Village of Islands	National avg.	Difference
Optometrist	$91.04	$140.06	35.0%
Doctor	$120.82	$153.82	21.5%
Dentist	$105.13	$123.15	14.6%
Ibuprofen	$12.05	$11.73	2.7%
Lipitor	$17.76	$23.61	24.8%

Housing

Item	Islamorada, Village of Islands	National avg.	Difference
Home Price	$1,241,940.00	$326,622.00	280.2%
Avg. Mortgage Payment	$3,282.09	$2,480.25	32.3%
Apartment Rent	$2,632.00	$1,444.00	82.3%

Transportation

Item	Islamorada, Village of Islands	National avg.	Difference
Gasoline	$3.13	$3.06	2.4%
Tire Balancing	$60.64	$65.21	7.0%

Utilities

Item	Islamorada, Village of Islands	National avg.	Difference
All Electricity	$230.06	$220.12	4.5%
Phone	$198.85	$195.71	1.6%

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	Population	Cost of Living Index	National Avg.
Layton, FL	110	138	38.3%
Key Largo, FL	9,926	141	40.9%
Tavernier, FL	2,025	149	49.1%
Islamorada, Village of Islands, FL	6,530	169	69.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Shannon, QC	6,530	n/a
Dillon, SC	6,529	91	9.3%
Swarthmore, PA	6,531	135	34.9%
Lynchburg, Moore County, TN	6,531	98	1.7%
Huntington Woods, MI	6,528	134	34.2%
Islamorada, Village of Islands, FL	6,530	169	69.3%