Fort Myers Beach, FL vs Three Lakes, FL

Fort Myers Beach, FL and Three Lakes, FL have a very similar cost of living, with only a 4% difference in their overall index. Fort Myers Beach scores 138 while Three Lakes scores 143 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 Fort Myers Beach is $1,693/month compared to $2,255/month in Three Lakes — a 25% difference. Interestingly, home values tell a different story: while Fort Myers Beach has cheaper rent, Three Lakes actually has lower median home values ($434,800 vs $611,600).

Median household income in Fort Myers Beach is $90,833 compared to $91,364 in Three Lakes (-0.6%). Three Lakes does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Fort Myers Beach spend roughly 22.4% of their income on rent, less than the 29.6% in Three Lakes.