Cost of Living in North fort myers, FL
Housing
The housing market plays a significant role in determining the cost of living in North fort myers, FL.
- Housing Index: 110.0 / 100
- Median Home Price is: $287000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
In North fort myers, FL, the housing index is at 110.0, suggesting a somewhat competitive market that slightly favors sellers. The median home price stands at 287000, which reflects the area's affordability relative to income levels. Renters may find average rents for a 2-bedroom apartment at 1500 and a 2-bedroom house at 1600. It's essential to compare these figures with regional averages; a higher than average rent may impact your budget. Ultimately, if you're seeking stability, purchasing a home could be more beneficial than renting in this market.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North 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 North 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 North fort myers is a financially viable option for your relocation.