Cost of Living in Fort Myers, FL

Lee County · 2026 Data · 2 nearby cities in county

COL Index
98
vs FL Avg
-7
Median Income
$55K

Cost of Living Breakdown

Overall Cost of Living
99vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 10098
Groceries
US avg = 10099
Healthcare
US avg = 10098
Transportation
US avg = 100102
Utilities
US avg = 100100

Housing & Income in Fort Myers

Median Home Price
$360,000
Estimated market price
Median Monthly Rent
$1,900
All unit types
Median Household Income
$55,000
Annual, pre-tax
Est. Monthly Payment
$1,770
20% down, 30yr fixed
Property Tax Rate
0.9%
~$3,240/yr
Price-to-Rent Ratio
15.8x
<15 favors buying

About Living in Fort Myers

Fort Myers is a growing Gulf Coast city with a charming historic river district, warm winters, and a booming real estate market.

With a cost of living index of 98, Fort Myers is 2% below the US average and 7 points below the Florida average of 105. The median household income of $55,000 supports a home-price-to-income ratio of 6.5x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Fort Myers

What is the cost of living in Fort Myers, FL?

Fort Myers's overall cost of living index is 98 compared to the US average of 100. Housing (98) is the main driver, with groceries at 99, healthcare at 98, transportation at 102, and utilities at 100.

Is Fort Myers affordable to live in?

Fort Myers is near the national average with a COL index of 98. It offers a balance of amenities and affordability. Median rent is $1,900/mo.

How does Fort Myers compare to the Florida average?

Fort Myers's COL index of 98 is 7 points below the Florida average of 105. It's one of Florida's more budget-friendly options.