Cost of Living in Key Largo, FL

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F
41%
Overall NAT. AVG.
0%
Groceries NAT. AVG.
126%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Key Largo Florida National
Cost of living141102100
Groceries100102100
Health care103104100
Housing22697100
Transportation106103100
Utilities114110100
Lifestyle & Entertainment105104100
Household Items100102100
Education & Childcare110106100
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Homes For Sale In Key Largo, FL

property for sale

483 Bahia Ave

Key Largo, FL
property for sale

325 Calusa Unit 393

Key Largo, FL
property for sale

460 Lime Dr

Key Largo, FL
property for sale

31 Judy Pl

Key Largo, FL

Cost Of Living Quick Facts

  • The cost of living in Key Largo is 39% higher than the Florida average
  • The cost of living in Key Largo is 41% higher than the national average
  • Key Largo housing is 126% 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 Key Largo

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      Salary Calculator

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      Price difference in compared to
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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$111,546$9,296$2,603$3,347
      Renters$84,721$7,060$1,977$2,542
      The affordability of the housing market in Key Largo, FL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Key Largo homeowners, the median income is $111,546. This indicates that a monthly maximum of $2,603 should be spent by homeowners on all housing related costs. Renters have a median income of $84,721. This indicates that renters would have a maximum of $1,977 for their rent related monthly costs.

      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Tavernier, FL2,02515049.5%
      Islamorada, Village of Islands, FL6,53017069.7%
      North Key Largo, FL904328228.0%
      Key Largo, FL9,92614141.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Alexandria, KY9,927972.8%
      Oakville, CT9,92811312.8%
      St. Francis, WI9,923954.9%
      Bristol, PA9,9211000.4%
      Queens, NS9,932n/a 
      Key Largo, FL9,92614141.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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