Egypt Lake-Leto, FL vs Fort Myers, FL

Egypt Lake-Leto, FL and Fort Myers, FL have a very similar cost of living, with only a 4.9% difference in their overall index. Egypt Lake-Leto scores 103 while Fort Myers scores 109 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 Egypt Lake-Leto is $1,424/month compared to $1,442/month in Fort Myers — a 1% difference. Home values follow the same pattern: Egypt Lake-Leto is more affordable at $296,100 median vs $351,600.

Median household income in Egypt Lake-Leto is $53,599 compared to $62,160 in Fort Myers (-13.8%). While Fort Myers is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Egypt Lake-Leto spend roughly 31.9% of their income on rent, more than the 27.8% in Fort Myers. The Fort Myers ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.