Cost of Living in Bokeelia, FL

With a cost of living index of 97, Bokeelia, FL is slightly more affordable than average. Living here is 3% cheaper than the national average and 13% below the Florida state average of 110. Bokeelia is a small community of 2,136 residents.

Housing costs are the biggest factor in Bokeelia's cost of living. The median monthly rent is $1,116 (15% below the US median of $1,319), and the median home value sits at $328,700 (8% above the national median of $304,900). At current prices, the median home costs roughly 4.8x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Bokeelia is $68,829, which is 8% lower than the national median of $75,149. Residents spend roughly 19% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Cape Coral-Fort Myers, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.