Cabana Colony, FL vs Fort Myers Beach, FL

Cabana Colony, FL and Fort Myers Beach, FL have a very similar cost of living, with only a 1.6% difference in their overall index. Cabana Colony scores 140 while Fort Myers Beach scores 138 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cabana Colony is $2,368/month compared to $1,693/month in Fort Myers Beach — a 40% difference. Interestingly, home values tell a different story: while Fort Myers Beach has cheaper rent, Cabana Colony actually has lower median home values ($349,700 vs $611,600).

Median household income in Cabana Colony is $100,469 compared to $90,833 in Fort Myers Beach (+10.6%). While Cabana Colony is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cabana Colony spend roughly 28.3% of their income on rent, more than the 22.4% in Fort Myers Beach.