Islamorada, FL, has a higher cost of living compared to the nationwide average. The housing index stands at 220, which is 120% of the national average. Other categories like groceries, utilities, and transportation also exceed the average, with indices of 110, 105, and 115, respectively. This suggests that living in Islamorada involves higher expenses in these areas.
Islamorada, Florida, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Islamorada stands at 220, indicating that housing costs are 120% higher than the national average. This significant increase suggests that potential residents should budget more for housing expenses.
Other areas also show higher costs in Islamorada. For instance, groceries cost 110, which is 10% more than the average. Utilities are at 105, showing a 5% increase. Transportation costs 115, which is 15% higher. Healthcare costs are slightly lower at 90, which is 10% below the average. Miscellaneous expenses are at 130, indicating a 30% increase. Overall, Islamorada's cost of living is notably higher than the national average in several key areas.