Cost of Living in Suncoast Estates, FL

With a cost of living index of 81, Suncoast Estates, FL is a very affordable place to live. Living here is 19% cheaper than the national average and 29% below the Florida state average of 110. Suncoast Estates is a small community of 4,255 residents.

Housing costs are the biggest factor in Suncoast Estates's cost of living. The median monthly rent is $1,221 (7% below the US median of $1,319), and the median home value sits at $98,400 (68% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Suncoast Estates is $39,456, which is 47% lower than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Suncoast Estates. The area sees an average annual temperature of 75.4°F, with summers averaging 83°F and winters around 66°F. Annual rainfall totals 57.4 inches spread over roughly 116 days.

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.