Cost of Living in Lely, FL

With a cost of living index of 116, Lely, FL is a notably expensive place to live. Living here is 16% more expensive than the national average and 6% above the Florida state average of 110. Lely is a small community of 3,770 residents.

Housing costs are the biggest factor in Lely's cost of living. The median monthly rent is $1,826 (38% above the US median of $1,319), and the median home value sits at $290,400 (5% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Lely is $65,029, which is 13% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Climate is another factor for anyone considering a move to Lely. The area sees an average annual temperature of 75.5°F, with summers averaging 83°F and winters around 67°F. Annual rainfall totals 49.6 inches spread over roughly 107 days.

Everyday prices in the Naples-Marco Island, 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.