Cost of Living in Fort myers, FL
Housing
The housing market plays a significant role in determining the cost of living in Fort myers, FL.
- Housing Index: 115.0 / 100
- Median Home Price is: $374,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $2000 per month
Considering a move to Fort myers, FL? With a housing index of 115.0, it indicates a moderately competitive real estate market. The median home price stands at 374000, while the average rent for a 2-bedroom apartment is 1800 and slightly higher for a house at 2000. This suggests that renting is a viable option, especially if purchasing a home is beyond your immediate budget. Keep in mind that the long-term investment potential of homeownership could yield benefits, given the consideration of market trends in the area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Fort myers, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Fort myers, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Fort myers is a financially viable option for your relocation.