Cost of Living in Pelican Marsh, FL

With a cost of living index of 213, Pelican Marsh, FL is one of the most expensive cities in the United States. Living here is 113% more expensive than the national average and 103% above the Florida state average of 110. Pelican Marsh is a small community of 2,513 residents.

Housing costs are the biggest factor in Pelican Marsh's cost of living. The median monthly rent is $2,866 (117% above the US median of $1,319), and the median home value sits at $1,087,800 (257% above the national median of $304,900). At current prices, the median home costs roughly 8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Pelican Marsh is $136,141, which is 81% higher than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. While incomes are above average, they do not fully offset the higher cost of living.

Climate is another factor for anyone considering a move to Pelican Marsh. 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.